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Koinos - Seed
Overview
About Koinos - Seed
Koinos Group, raised $500K in Seed funding led by Blockchain Founders Fund, with participation from Splinterlands. , The round will enable Koinos Group to develop Koinos Pro, a subscription product that helps developers build and scale decentralized applications with no barriers to entry.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Singapore | 2018 | 48 | [email protected] | ||
| Corporate | United States of America | -- | 1 | -- |
Founders & Team
Andrew Levine
Company Profile / Project Introduction
Koinos is a general purpose blockchain-based decentralized network that allows for free-to-use applications through a "Mana" mechanism that dynamically prices network resources in opportunity cost (not tokens) and allows for free-to-use dApps through Mana "delegation." Proof-of-burn is implemented as a consensus algorithm to maximize efficiency, decentralization, and provable egalitarianism while thwarting the exchange attack and mitigating spam.