July 27, 2024
Mycel raised a Pre-Seed funding round by Doublejump.Tokyo, Yusuke Obinata, Scott Moore, Gavin Birch, Adrian Brink, Ismail Khoffi, CV VC, Sota Watanabe, FLICKSHOT, Yusuke Osoegawa, Incubate Fund, Notch Ventures, Connor Howe, Arriba Studio, Christian Jaag, Jose Sanchez Alarccn, Taker, Lucas Gaylord, gumi Cryptos, Alvin Kan, Neowiz, Bo Yang Yu (Fairblock), Mai (INTMAX), and others
Project | Latest Raise Date | Stage | Category |
Mycel | July 27, 2024 | Pre-Seed Round | Privacy |
Mycel has initiated this pre-seed round as an initial step to refine the protocol concept and tap into the $5 trillion market. In the rapidly growing on-chain market, which is poised to become the world's largest, Mycel aims to construct new infrastructure and advance its proposal and implementation in collaboration with influential partners. Additionally, Mycel is working towards the launch of its Testnet and is designing incentives for Solvers and Builders to ensure the sustainable growth of the ecosystem.
About Mycel
Mycel is a decentralized platform designed to facilitate the transfer, management, and trading of various accounts across different blockchain platforms. It introduces the concept of a “Transferable Account,” which combines a user’s account with a threshold signature scheme (TSS) signed by validators on the Mycel network. This structure enhances security and enables seamless cross-chain asset management and transfer. Mycel also provides tools for developers, including CosmWasm for smart contract development and a command-line interface for network interaction. Additionally, it offers resources for setting up and running nodes, contributing to the network’s security and efficiency
Website: https://mycel.land/
About Investor
Thise round was composed of Doublejump.Tokyo, Yusuke Obinata, Scott Moore, Gavin Birch, Adrian Brink, Ismail Khoffi, CV VC, Sota Watanabe, FLICKSHOT, Yusuke Osoegawa, Incubate Fund, Notch Ventures, Connor Howe, Arriba Studio, Christian Jaag, Jose Sanchez Alarccn, Taker, Lucas Gaylord, gumi Cryptos, Alvin Kan, Neowiz, Bo Yang Yu (Fairblock), Mai (INTMAX), and others
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