MINE Network Raises $2 Million in Private Investment Round to Continue Ecosystem Development

MINE Network Raises $2 Million in Private Investment Round to Continue Ecosystem Development
фото показано с : zycrypto.com

2021-11-26 17:25

MINE Network has completed an 18x oversubscribed private sale, according to an official release. The fundraising round concluded with a $2 million raise, including contributions from the industry’s notable and reputable VCs. 

The utilization of the current finance will propel the development of the first-ever Decentralized Multichain Hashrate Token Protocol, which solves miners’ liquidity difficulties on networks like Bitcoin, Litecoin, Ethereum, and Filecoin. The fresh capital will also boost projects’ visibility and brand recognition through a comprehensive marketing campaign.

The Decentralized Multichain Hashrate Token Protocol, according to the website, will allow miners to receive payments for their work in seconds, utilizing smart contracts on any of MINE’s supported chains. By purchasing tokens from the protocol, token holders will be required to pay for this service.

The private offering was wildly oversubscribed with investors from worldwide such as Exnetwork Capital, Moonboot, CSP DAO, Oracle Investment Group, STC Capital, Leos Ventures, and Global Key Investment.

Following a string of recent triumphs for MINE Network, the company’s immensely successful funding is a testament to its growing reputation in the industry. The MINEverse unveiling, which was met with an overwhelmingly positive response from the community, and GamePaper Release are just two examples.

Successful Debut on Powerful Launchpads with Upcoming CEX Listing

The MINE Network made its public debut on Thorstarter and Moonstarter, two top-tier launchpads on November 25th, with the company’s IDO scheduled to go live. All tokens acquired during the sale were immediately tradable on the MINE Network’s initial decentralized exchange.

MINE Network’s CEX listing is also scheduled for later this month on a major exchange as per sources. The freshly financed project has set out to achieve significant success in the future, having already outlined several objectives for the coming months. A comprehensive marketing campaign will be undertaken to raise awareness about MINE Network and its projects. A steady stream of project updates is also expected throughout December as the company nears the completion of its first-ever Decentralized Multichain Hashrate Token Protocol. The launch of the Decentralized Multichain Hashrate Token Protocol testnet is planned for Q1 2022 followed by the mainnet launch.

The MINE Network has set out to revolutionize the mining industry with innovations in cryptocurrency and blockchain technology, and it is doing so with gusto. The company is doing so with a range of innovative products set to address some of the industry’s most pressing issues, such as miner liquidity and market visibility.

With its unique network structure and advanced credential management capabilities, MINE Network is one of the most utility cryptocurrency projects in the market. The firm has already established a good position amongst its competitors, thanks to its superior services.

The company is one of the first to tackle network mining issues with innovative solutions. It has managed to make a strong impression on the market during its relatively short existence.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin Private (BTCP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.47 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1542 (-100%)

private round million network mine raise fundraising

Источник: zycrypto.com

private round → Результатов: 126


Фото:

Cryption Network Raises $1.1 Million In Latest Private Funding Round

Cryption Network, a crypto platform built for retail traders, announced it had completed its private funding round, which raised $1. 1 million. The funding round attracted numerous investors, including CMS Holdings, GravityX Capital, Master Ventures, GenBlock, Ascensive Assets, X21 Digital, AU21, WaterDrip Sandeep Nailwal of  Polygon, and Humayun Sheikh of Fetch.

2021-5-26 20:38


Фото:

deFIRE Raises $5 Million in Pre-IDO Funding Round to Enable Defi on Cardano

deFIRE, a decentralized financial platform incubated by Occam.fi and powered by Changelly, has announced the closure of its round of funding with $5 million led by strategic private investors. According to DeFIRE, the private investors who took part in the latest round of funding include Morningstar, Cryptodromfund, SwissBorg Ventures, Lotus Capital, MoonWahle, Hype Partners, Axia8 […]

2021-5-14 22:53


dotmoovs Raises $840,000 to Fuel Growth of Blockchain eSports

dotmoovs, a startup dedicated to creating non-fungible tokens of athletes, has completed a private funding round of $840,000 led by several prominent figures in the blockchain industry. The oversubscribed round was led by Moonrock Capital, Morningstar Ventures, Spark Digital Capital, Ascensive Assets, Rarestone, Building Blocks, AU21 and GBV Capital. The capital raised will be invested […]

2021-5-13 06:52


Music NFT network BAND Royalty sells nearly $1M worth of NFTs in presale

CryptoNinjas » Music NFT network BAND Royalty sells nearly $1M worth of NFTs in presale BAND Royalty, a blockchain-secured NFT network that enables holders to earn crypto from some of the world’s most popular songs, has just concluded the private presale round of its NFT music art BAND NFT Series 1 collectibles to a small selection of NFT collectors that love music.

2021-5-9 01:16


Фото:

Formation FI Completes $3.3 Million In Strategic Sale Round to Revolutionize DeFi Portfolio Construction

Formation Fi, a cross-chain risk parity smart farming 2.0, has announced that it has closed a funding round with $3.3 million from reputable venture capitalists and also private investors. According to the firm, some of the participants in the closed round include Polygon, Synthetix, Bancor, Kenetic, Spark Digital Capital, Kosmos, X21 Digital, AU21, Momentum 6, […]

2021-5-5 22:38


Фото:

Concordium completes 4th global Private Placement round of the cryptocurrency GTU

Privacy-focused blockchain, Concordium has just announced the completion of the 4th round of its global Private Placement of the cryptocurrency GTU. Concordium is a decentralized and privacy-centric public blockchain aimed at remediating local blockchain problems through its “built-in user identification and Zero-Knowledge-Proofs”.

2021-4-27 16:05


Фото:

Privacy-Focused Concordium Blockchain Raises $36 Million Ahead of Mainnet Launch

Today, privacy-focused blockchain network Concordium announced the completion of its 4th global Private Placement round of the cryptocurrency GTU. Concordium Concludes 4th Private Placement Round In yet another major milestone for the Concordium ecosystem, the privacy-centric blockchain project today announced the conclusion of its 4th global Private Placement round of the cryptocurrency GTU. Notably, thisRead More

2021-4-27 14:06


Фото:

Torum Closes Million Dollars Private Round to Create The First Social Media Platform with NFT & DeFi Innovations

Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of  AU21 Capital, Momentum 6, Lotus Capital, Consensus Lab, Redline Blockchain Capital,Read More

2021-4-21 14:07


Torum Raises $1.45M to Create The First Social Media Platform with NFT & DeFi Innovations

Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of  AU21 Capital, Momentum 6, Lotus Capital, Consensus Lab, Redline Blockchain Capital, […]

2021-4-21 13:59


NAOS Finance raises $5.1M in private sale to accelerate development of its revolutionary DeFi application

NAOS Finance, one of the most exciting DeFi projects in 2021, recently announced that they successfully closed a private funding round, through which they raised $5.1 M from strategic investors. This success is an indication of investor confidence in the project as only a few projects have managed to raise such a huge amount.  The […]

2021-4-21 20:36


Solana’s Data Aggregator Step Finance Raises $2 Million in Private Sale

Solana's ecosystem continues to grow in leaps. One of its projects, Step Finance, saw $2 million infused into the network via a funding round led by Alameda Research. Step Finance Raises $2 Million In Private Sale In a press release on Tuesday, Solana-based decentralized finance (DeFi) protocol Step Finance announced that it had raised $2 […] The post Solana’s Data Aggregator Step Finance Raises Million in Private Sale first appeared on BitcoinExchangeGuide.

2021-4-15 21:18


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Velar Announces the Formation of Velar Labs to Accelerate Bitcoin Innovation

Bitcoin ecosystem developer Velar has announced the creation of Velar Labs, a separate entity tasked with incubating the best projects developing Bitcoin solutions. Velar Labs will provide a combination of best-in-class technical infrastructure support and strategic investment to give Bitcoin-focused startups the resources they need to succeed.

All Eyes on Maribor as NiceHash Set to Host Landmark Bitcoin-focused Conference

Slovenia’s historic city of Maribor is the location for this week’s NiceHashX, a Bitcoin-focused conference organized by the eponymous hashrate marketplace. The two-day event, dubbed ‘the Bitcoin Conference on the Sunny Side of the Alps,’ comes at a pivotal moment for the world’s leading digital currency, which recently came within a whisker of surpassing its […]

INX and Backed expand stock asset opportunities for Non-US citizens

Eligible non-US citizens can now expand their portfolios following the launch of new tokenized stocks by INX and Backed.   INX is a regulated marketplace for trading security tokens and tokenized real-world assets, whereas Backed is a pioneer in real-world asset tokenization.