Finminity Raises $1.13M USD From Industry Heavyweights for its Multi-Chain DeFi Investor Services Platform

Finminity
2 min readMar 29, 2021

We are thrilled to announce the successful completion of $FMT Token Private Sale supported by Industry heavyweights. A total of $1.13 Mn has been fully subscribed during the funding round by the following investors:

· X21 Digital

· GBV Capital

· Magnus Capital

· Lotus Capital

· BlockSync

· GenBlock Capital

· Wandarin Capital

· Momentum6

· Faculty Capital

· Amesten Capital

· Vysyn Capital

As investors cum partners, they support us in our journey to bring more vetted projects and platform partnerships to drive Finminity being the preferred investor engagement DeFi app of the blockchain world .

DETAILS OF THE PRIVATE SALE:

Private Sale: 2,680,000 FMT Tokens with 4000 $FMT per ETH; 25% unlocked, rest vested daily in 9 months (26,80%)

Public Sale of 300K tokens coming up on 7th through a dual IDO at Zeroswap’s Zeedo and Mantradao’s Zendit: 3000 $FMT per ETH; 75% unlocked, rest vested daily in 30 days (3,00%)

Website: https://www.finminity.com/

The complete support that we have received from the industry heavyweights has given us the confidence that our platform will not only continue to grow, but it will also further strengthen the vision of our project of being a comprehensive Investor Engagement platform with multi chain launchpads for curated start-ups and SMEs.

ABOUT FINMINITY:

Finminity is an innovative Polkadot driven cross-chain launch pad and DeFi investor services platform that is flexible, rewarding, and most importantly secures funds through DeFi safety protocols of Value Locks, DAO, and Milestone based fund release.

Finminity brings ETH and Binance Smart Chain (BSC) launchpads for our curated startups to do the token offering. This provides a larger and diverse investor base and access to the two best networks that DeFi offers now.

The Finminity token & investor community services are powered by Polkadot for Know Your Business (KYB), DAO, Staking, Voting, and Governance process. While we have the current DAO in Solidity and Ethereum, we have also started to build it in Polkadot

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Finminity

Making Fund Raising affordable for Startups and SMEs while managing investor risk through Decentralized Finance (DeFi) and Blockchain.