August 08, 2024
LYNC, the first mobile-centric roll-up on Movement Labs, has announced the successful raising of $1.5 million in pre-seed funding from a notable group of industry leaders. This funding will allow LYNC to bring over 7 billion smartphone users on-chain and provide solopreneurs, developers, and founders with a highly scalable roll-up, powered by Movement Labs, along with a comprehensive mobile stack for building crypto-native mobile applications and games.
Project | Latest Raise | Latest Raise Date | Stage | Category |
|---|---|---|---|---|
LYNC | $1.5M | August 8, 2024 | Pre-Seed | Roll up |
The pre-seed round included investments from Movement Labs, Levitate Labs, Smape Capital, Amesten Capital, Aptos, 8186 Capital, LonghashX, and angel investors such as Gabby Dizon from YGG, Rushi Manche & Cooper Scanlon from Movement Labs, LAI Ho Tin from J17 Capital, Bruno Faviero from Magna, Arjun Kalsy from Fuel, Niels Jense de Ruiter, Parth Chaturvedi from Coinswitch Ventures, Prashant Maurya from Spheron, among others.
The LYNC Rollup, powered by the Move stack, offers high throughput and ultra-low transaction costs, enabling developers to create large-scale mobile applications. With an end-to-end mobile infrastructure, developers can build Android, iOS, and Telegram mini apps without external dependencies, reducing development time and costs by 90%.
About LYNC
LYNC is a blockchain company that focuses on simplifying the development and deployment of Web3 games. Their platform provides a GameFi infrastructure that allows game developers to build, test, and launch blockchain-based games quickly and efficiently. By offering tools and resources that streamline the development process, LYNC aims to foster innovation and growth in the blockchain gaming industry. The company is dedicated to creating an ecosystem where developers can easily integrate blockchain technology into their games, enhancing the gaming experience for users.
Website: https://lync.world/
About Investor
The pre-seed round included investments from Movement Labs, Levitate Labs, Smape Capital, Amesten Capital, Aptos, 8186 Capital, LonghashX, and angel investors such as Gabby Dizon from YGG, Rushi Manche & Cooper Scanlon from Movement Labs, LAI Ho Tin from J17 Capital, Bruno Faviero from Magna, Arjun Kalsy from Fuel, Niels Jense de Ruiter, Parth Chaturvedi from Coinswitch Ventures, Prashant Maurya from Spheron, 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.
Comments