August 29, 2024
Xerberus, a leading cryptocurrency risk rating protocol, has announced receiving a grant from Thrive Protocol through the Polygon Community Grants Program. This grant will enable Xerberus to bring its risk rating and scam report protocols to the Polygon ecosystem, marking it as the first risk rating and security solution to receive such a grant.
Project | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|
Xerberus | August 29, 2024 | Grant | Thrive Polygon, Polygon Community Grants Program | FinTech |
With this funding, Xerberus plans to integrate its technology into the Polygon PoS backend, providing users with seamless access to its tools. These tools include the Wallet Graph risk rating protocol and the Siren scam reporting, recovery, and litigation tool. Once integrated, all Polygon tokens will receive real-time risk ratings, offering crucial information for users considering investments.
Additionally, Xerberus will incorporate the Polygon PoS network into its Wallet Graph live risk rating platform, making it easier for users to access live data on traded coins.
As one of the most widely used blockchain protocols, Polygon PoS’s integration with Xerberus underscores the increasing need for security and risk solutions in the Web3 industry. Xerberus aims to continue delivering risk ratings to millions of users on the Polygon ecosystem, supporting the future growth of decentralized finance.
About Xerberus
Xerberus is a platform that provides advanced blockchain analysis tools. It offers services like risk ratings and scam reports to help users make informed decisions about their cryptocurrency investments. By integrating with various blockchain networks, Xerberus aims to enhance security and transparency in the crypto space.
Website: https://www.xerberus.io/
About Investor
Investor: Thrive Polygon
Thrive Protocol is a platform designed to support Web3 communities. It allows users to earn cryptocurrency by contributing to these communities. The platform focuses on providing a seamless and rewarding experience for users who engage with and support various Web3 projects.
Location: Dhaka
Website: https://thrive.polygon.technology/
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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