July 29, 2024
Agent Exchange, a platform integrated with Web3, has declared that it has successfully raised funding of US$1 million on the X platform. The investment round saw participation from several notable individuals and entities, including Larry Cermak, the CEO of The Block, Domo, the founder of BRC20, and Web3 developers such as Cygaar, Mr. Block, and Caladan, among others.
Project | Latest Raise | Latest Raise Date | Stage | Category |
|---|---|---|---|---|
Agent Exchange | $1M | July 29, 2024 | Strategic Investment | Web3 |
It's been reported that Agent has the capability to facilitate the flexible creation and management of sub-accounts in accordance with the ERC-6551 standard. This feature assists users in earning and trading points in the pre-market.
About Agent Exchange
The Agent platform is built on three core components: the Account Platform, the App Store, and the Account Marketplace. The Account Platform of Agent offers Web3 users the utmost flexibility and control over their accounts and DeFi earning strategies. It does this by facilitating the creation and easy management of multiple Web3 Sub-Accounts.
The App Store component provides smooth connections to a broad spectrum of dApps. It supports any EVM dApp, with a special emphasis on those with points, airdrops, and other "account-bound assets" (also known as locked assets).
Lastly, the Account Marketplace enhances the value of points and tokens accumulated in a Sub-Account. It does this by enabling the trading of Sub-Accounts in a way that is both trustless and transparent, even before TGE or airdrops have occurred.
Website: https://agent.exchange/
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About Investor
The investment round saw participation from several notable individuals and entities, including Larry Cermak, the CEO of The Block, Domo, the founder of BRC20, and Web3 developers such as Cygaar, Mr. Block, and Caladan, among others.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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