July 4, 2024
Monad Pad, a platform facilitating token and NFT launches on the Monad network, secured $945,000 in their seed funding round.
This round attracted prominent investors like Cogitent Ventures, a well-regarded Web3 VC firm, alongside CMS Holdings, CSPDAO, Zephyrus Capital, and several others.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Monad Pad | June 4, 2024 | $945k | Seed | $945k | Multiple Investors | DeFi |
The funding will fuel Monad Pad's growth, allowing them to enhance their platform and expand service offerings. While specific uses for the funds haven't been revealed yet, the participation of these esteemed firms suggests strong belief in Monad Pad's ability to reshape the token and NFT landscape. We can expect more details about how they'll utilize the investment in the coming weeks.
Monad Pad is a new platform that aims to make launching crypto projects and investing in them easier. It combines a user-friendly launchpad with tools for developers and users, all built on the Monad blockchain. Project creators can set up and manage presales, while investors can participate in both public and private presales through a tiered system.
The $MPAD token is the key to accessing Monad Pad's features and benefits. By holding and using $MPAD, investors can unlock exclusive investment opportunities and be a part of the Monad ecosystem's growth. Monad Pad's goal is to simplify the often complex process of launching and investing in crypto projects, providing a secure and efficient platform for both creators and investors. With its focus on accessibility and user experience, Monad Pad could become a valuable addition to the crypto landscape.
About Monad Pad
Monad Pad is a pioneering force in the Monad ecosystem, offering innovative solutions for project launches, and community engagement. This is built on the platform's commitment to transparency, fairness, and empowering users.
Website: https://www.monadpad.xyz/
X Account: https://x.com/MonadPad
X Followers today: 8,362
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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