Blockless, a decentralized physical infrastructure network (DePIN) project, raised $8 million in pre-seed and seed funding rounds. The $3 million pre-seed round, led by NGC Ventures, closed in March 2022 but was disclosed recently alongside a $5 million seed round co-led by M31 Capital and Frachtis. Other investors included No Limit Holdings, MH Ventures, Interop Ventures, and Plassa Capital. Co-founder Butian Li, formerly with NGC Ventures, stated both rounds used a simple agreement for future equity (SAFE) with token warrants in a 1:1 ratio. The latest seed round began in February and closed in April, with similar terms for both rounds.
LIVE
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,941.00
▲ +0.00%
ETH
$1,918.35
▲ +0.30%
USDT
$0.999366
▲ +0.00%
BNB
$600.32
▲ +1.50%
USDC
$0.999647
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.32879
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.03
▲ +1.30%
DOGE
$0.070617
▲ +1.70%
USDS
$0.999923
▲ +0.00%
RAIN
$0.012662
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$508.34
▼ -0.30%
ADA
$0.19898
▼ -1.50%
XMR
$375.33
▼ -0.50%
WBT
$56.18
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164948
▲ +1.80%
DAI
$0.999887
▲ +0.00%
BCH
$216.14
▲ +0.10%
USD1
$0.999422
▼ -0.10%
USDE
$0.999576
▲ +0.00%
CC
$0.09571
▲ +4.90%
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,941.00
▲ +0.00%
ETH
$1,918.35
▲ +0.30%
USDT
$0.999366
▲ +0.00%
BNB
$600.32
▲ +1.50%
USDC
$0.999647
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.32879
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.03
▲ +1.30%
DOGE
$0.070617
▲ +1.70%
USDS
$0.999923
▲ +0.00%
RAIN
$0.012662
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$508.34
▼ -0.30%
ADA
$0.19898
▼ -1.50%
XMR
$375.33
▼ -0.50%
WBT
$56.18
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164948
▲ +1.80%
DAI
$0.999887
▲ +0.00%
BCH
$216.14
▲ +0.10%
USD1
$0.999422
▼ -0.10%
USDE
$0.999576
▲ +0.00%
CC
$0.09571
▲ +4.90%
BTC
$64,941.00
▲ +0.00%
ETH
$1,918.35
▲ +0.30%
USDT
$0.999366
▲ +0.00%
BNB
$600.32
▲ +1.50%
USDC
$0.999647
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.32879
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.03
▲ +1.30%
DOGE
$0.070617
▲ +1.70%
USDS
$0.999923
▲ +0.00%
RAIN
$0.012662
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$508.34
▼ -0.30%
ADA
$0.19898
▼ -1.50%
XMR
$375.33
▼ -0.50%
WBT
$56.18
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164948
▲ +1.80%
DAI
$0.999887
▲ +0.00%
BCH
$216.14
▲ +0.10%
USD1
$0.999422
▼ -0.10%
USDE
$0.999576
▲ +0.00%
CC
$0.09571
▲ +4.90%
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,941.00
▲ +0.00%
ETH
$1,918.35
▲ +0.30%
USDT
$0.999366
▲ +0.00%
BNB
$600.32
▲ +1.50%
USDC
$0.999647
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.32879
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.03
▲ +1.30%
DOGE
$0.070617
▲ +1.70%
USDS
$0.999923
▲ +0.00%
RAIN
$0.012662
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$508.34
▼ -0.30%
ADA
$0.19898
▼ -1.50%
XMR
$375.33
▼ -0.50%
WBT
$56.18
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164948
▲ +1.80%
DAI
$0.999887
▲ +0.00%
BCH
$216.14
▲ +0.10%
USD1
$0.999422
▼ -0.10%
USDE
$0.999576
▲ +0.00%
CC
$0.09571
▲ +4.90%
