BullPerks, a community-dedicated decentralized venture capitalist and multi-chain launchpad, announced the successful completion of its private funding round that raised $1.8 million from investors.
The funding round drew various investors’ attention, including Notable investors, including GD10, Shima Capital, Sora Ventures, Faculty Capital, AU21, X21, Alphabit, Genblock, Blocksync, Darkpool, Skynet Trading, Moonwhale, ThreeM Capital, and more.
BullPerks Co-founder Eran Elhanani comments:
“We’re very pleased to close the raise from such high-quality investors. We were extremely oversubscribed in a concise time, so we had to limit ticket sizes to accommodate as many strategic investors as possible. This is definitely a vote of confidence of the investors in us as a team and in our project and vision.”
Currently, most Decentralized VCs and launchpads have become private member clubs after their token price increased. However, BullPerks seeks to change this narrative. BullPerks is the fairest and most community-dedicated platform giving access to early-stage deals with its adaptive tier system. BullPerks will incorporate multiple chains in the coming days, including Ethereum, Binance Smart Chain, Tezos, Solana, Polychain, and Cardano. This will reportedly allow the platform to bring unique and top-quality deals to its community. This will be done regardless of the chain and help projects on different chains with the fundraising.
Jason Fang, Sora Ventures Managing partner states:
“As our industry demands products to be more decentralized, we see a need for platforms like BullPerks. We are extremely excited to be backing their mission as we see this to be a core element to how retailers will evaluate projects in the future.”
Dr, Deeban Ratneswaran adds:
“GD10 Ventures look forward to supporting BullPerks’ democratization of the Venture Capitalist industry. BullPerks empowers small investors to compete with whales by allowing them to accrue lucrative projects at seed and private stages. We’re impressed by the strong and deeply experienced team that operates BullPerks, supported by a loyal network across multiple blockchains, their capacity to select disruptive ideas speaks for itself. All of the above gives us confidence that investors will garner a secure and equitable experience and an opportunity to level the playing field with crypto-whales.”
In the last quarter of 2021, the BullPerks team hopes to incorporate more partnerships that will help increase their adoption in the cryptocurrency market and the real world. The team also hopes to finish the stacking and farming applications for its ecosystem and incorporate NFT’s products.