July 02, 2024
Pandiana, a fresh utility token with meme elements on the Solana blockchain, has successfully completed a pre-seed funding round of $500,000 today. This investment was led by a group of experienced angel investors from the web3 community, including Hypertrove Ventures, YNK Capital, and Gateron Ventures. This marks the beginning of a new phase for meme coins that offer real-world utility.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Pandiana | $500K | July 02, 2024 | Pre-Seed | $500K | Hypertrove ventures, YNK Capital, & Gateron Ventures | Meme |
The funding round was carried out through a Simple Agreement for Future Tokens (SAFT), which involved the sale of Pandiana's $PNDA tokens. These tokens are essential for the operation of the upcoming play-to-earn platform and various other ecosystem utilities.
Pandiana sets itself apart by merging the engaging charm of meme culture with substantial utility, making it unique compared to standard meme projects.
The support from leading individuals in the cryptocurrency market provides more than just financial assistance. It is a powerful affirmation of Pandiana's novel strategy, as conveyed by Matt Taylor, the main developer of Pandiana. Furthermore, this investment equips them with the means to improve their technological infrastructure and nurture a flourishing community revolving around their project.
About Pandiana
Pandiana is a unique meme coin on the Solana blockchain that innovatively combines meme culture with practical utility via a play-to-earn gaming model. Utilizing its indigenous token, $PNDA, Pandiana provides an interactive platform where users can earn rewards through gameplay, distinguishing it in the realm of digital assets.
With a restricted token supply of merely 10 million and an emphasis on community-led development, Pandiana's goal is to blend amusement with investment opportunities.
Website: https://pandiana.io/
X Followers today: 150
About Investor
This strategic investment was spearheaded by a consortium of seasoned angel investors from the web3 community led by Hypertrove ventures, YNK Capital & Gateron Ventures
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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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