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OneBalance, a Web3 account framework, raises $5M in Angel and Community Funding


Web3 account framework

August 27, 2024


OneBalance, a Web3 account framework, announces that it has secured $5 million in angel and community funding. Notable participants include Konstantin Lomashuk and Vasiliy Shapovalov from cyber•Fund, Will Price, banteg, cobie, Curved Ventures, Igor Igamberdiev, among others.


Project

Latest Raise

Latest Raise Date

Stage

Category

OneBalance

$5M

August 27, 2024

Angel, Community Funding

Web3

OneBalance aims to enhance the Web3 user experience by integrating chain abstraction, gas abstraction, and permission management, offering a unified, collaborative, and community-focused solution.


About OneBalance

OneBalance is a Web3 account framework designed to improve the user experience in decentralized applications. It combines chain abstraction, gas abstraction, and permission management to create a more seamless and user-friendly environment for Web3 users. Essentially, it aims to make interacting with blockchain technology easier and more efficient by addressing common issues like fragmented user experiences and complex transaction processes.


 

About Investor

Notable participants include Konstantin Lomashuk and Vasiliy Shapovalov from cyber•Fund, Will Price, banteg, cobie, Curved Ventures, Igor Igamberdiev, 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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