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Tap Protocol - Undisclosed
Overview
Funding Date
December 16, 2023
Financing amount
$4.2M
Valuation
--
Catagory
Subcategory
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About Tap Protocol - Undisclosed
Tap Protocol has raised $4.2 million in funding round led by Sora Ventures to enhance its role in the Bitcoin ecosystem. Other investors in this round included Cypher Capital, RW3, Oak Grove Capital, Petrock Capital, Kosmos Ventures, NewTribe Capital, Cogitent Ventures, Compute Ventures, and MSA Novo. This financial support was further bolstered by angel investments from Animoca Brands and Quantstamp executives.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Hong Kong | 2016 | 30 | contact@sora.vc | ||
| Fund | United Arab Emirates | 2022 | 42 | -- | ||
| Corporate | United States of America | 2021 | 9 | -- | ||
| Fund | Unknown | -- | 14 | -- | ||
| Fund | Singapore | -- | 34 | -- | ||
| Fund | Australia | 2017 | 24 | info@kosmos.vc | ||
| Fund | United Arab Emirates | 2021 | 21 | -- | ||
| Fund | -- | -- | 64 | -- | ||
| Fund | -- | 2021 | 10 | -- | ||
| Corporate | Unknown | 2019 | 1 | -- |
Founders & Team
BennyTheDev
Company Profile / Project Introduction
TAP is an OrdFi-enabling protocol for Bitcoin Ordinals. It works entirely without the use of L2 chains but utilizes tapping - a simple mechanism to verify transactions within the protocol. The TAP Protocol is designed to find and track Ordinals, facilitating OrdFi applications without complex Layer 2 chains. Introducing the TAP token standard, this protocol emphasizes simplicity and accessibility.