FantomStarter completes its Seed & Private Funding rounds!
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Amsterdam, The Netherlands, September 14, 2021 — MultiFantom Ltd., owner, and operator of FantomStarter.io, a decentralized cryptocurrency investment protocol, today announced the closing of a $532,000 seed/private fundraising, valuing the company at $3.6 million.
FantomStarter is a decentralized investment protocol that aims to disrupt and democratize how blockchain and traditional startups raise funds. It enables retail investors to receive allocations automatically and securely on most EVM compatible blockchains first starting with the blockchain community and subsequently offering capital raise services to mainstream start-ups.
Attracted by FantomStarter’s business model, the seed round was oversubscribed by more than 50 times regardless of market conditions. The key differentiators of FantomStarter include cross-chain interoperability, project authentication, incubation support, and pools of investors for approved projects to raise capital.
The funds will allow FantomStarter to develop product offerings and grow its user base. The company will also leverage the funds to make strategic investments for growth and expansion. Further, it has identified strategic partners as it seeks to establish a presence in the $550 million attainable markets.
Maxie Soetandi, Co-founder of FantomStarter, said, “I’m incredibly humbled by the support we’ve gotten. It’s our first round of fundraise, but through it we’ve formed a hugely valuable set of partners and investors. The FantomStarter team is excited to work with our partners to fulfill our vision to be the industry standard protocol for investing or raising capital. It doesn’t stop here — we are planning to integrate several features in our project pipeline.
The investment process was led by the Company’s own ventures team.
The key investors participating in this round include Jefrey Joe, Barek Sekandari, Spark Digital Capital, Solidity Ventures, Ankr Network (Mission Ventures), Signum Capital, ZBS Capital, and other eminent angel investors.
About FantomStarter
FantomStarter is a multi-chain IDO platform, which helps approved projects raise capital on any chain. Approved projects receive operational support from the FantomStarter team across Fantom (FTM), Binance Smart Chain (BSC), Ethereum (ETH), Polygon (Matic), and many other EVM compatible networks.
Investors get access to curated and vetted projects on our decentralized investment app that support emerging blockchain ecosystems such as Fantom and Polygon, as well as Ethereum. Added benefits include voting for selected projects and listing them on the FS launchpad. Staking $FS Tokens or FS Keys (NFT) within the Tiers offers projects and investors alike a more decentralized experience.
Follow us
Follow and learn more about FantomStarter on one of the official communication channels.
Website: https://fantomstarter.io/
Main Telegram: https://t.me/fantomstarter
Announcement Telegram: https://t.me/fantomstarterannouncement
Trading Telegram: https://t.me/fantomstartertrading
Medium: https://medium.com/@fantomstarter
Twitter: https://twitter.com/fantomstarter
Inquiries: hello@fantomstarter.io
