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Ordzaar, a Rune SocialFi Permissionless Launchpad for BTC Ordinals, raises $2M from Strategic Seed funding round led by LongHash Ventures

Writer's picture: TinaTina

Rune SocialFi Permissionless Launchpad for BTC Ordinals

October 21, 2024


The decentralized Ordinals marketplace, Ordzaar, has successfully secured $2 million in a seed funding round. This investment was led by LongHash Ventures, with additional participation from SORA Ventures, GSR, Bitcoin Frontier Fund, PG Capita, and OIG Capital.


This achievement marks a significant milestone in their mission to accelerate the mass adoption of Bitcoin through their ecosystem.

Project

Latest Raise

Latest Raise Date

Stage

Lead Investor

Category

Ordzaar

$2M

October 21, 2024

Strategic Round

LongHash Ventures

NFT, Bitcoin

About Ordzaar

Ordzaar is a decentralized marketplace designed for buying, selling, and trading Bitcoin ordinals and inscriptions. It provides a simple and permissionless platform for artists to launch their digital artwork and collections on Ordinals. The marketplace aims to empower artists and inspire collectors by offering a seamless method to inscribe and publish their work.



X Followers today: 264,173

X Followers 30 days ago: 169,593

X Change: 94,580 (55.77%)

Rune SocialFi Permissionless Launchpad for BTC Ordinals

About Investor

Investor: LongHash Capital

LongHash Ventures is a venture capital firm that specializes in building and supporting Web3 ecosystems. They invest in early-stage Web3 protocols and run the LongHashX Accelerator, which partners with leading Web3 ecosystems and infrastructure protocols to help early-stage founders grow their projects. With a strong network in Asia, LongHash Ventures aims to accelerate the development of the Web3 space by providing funding, mentorship, and resources to innovative startups.


Location: Singapore

 

 

 

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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