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Root Protocol
Overview Fundraising
Overview
Location
Unknown
Launched
--
Category
Subcategory
Fundraising Round
Seed
Valuation
--
Cumulative Amount
$9M
About Root Protocol
Root is designed as a rent-free, public good protocol and to support many types of permissionless markets. Rent comes not only in the form of non-zero platform fees, but also in the requirement to use money with negative-carry costs. Instead of rent-based markets, Root creates a new zero-fee, positive-carry market structure and accounts for transactions in Bean-Denominated Value (BDV), which consists of Beans and Bean LP tokens.
Fundraising
Seed
Date: July 26, 2022
Amount: $9M
Valuation: --
| Investors | Type | Location | Year Founded | # Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Spain | 2020 | 18 | -- | ||
| Fund | United States of America | 2013 | 21 | -- | ||
| Fund | United States of America | 2015 | 30 | -- | ||
| Uncategorized | Unknown | -- | 1 | -- |
Disclaimer: This page showcases the projects or companies that have secured angel funding from various investors (corporations, funds, individuals, etc.). Most of these projects or companies are related to blockchain, but some also involve other fields like metaverse, artificial intelligence, etc. Being listed on this page does not imply that these projects or companies have issued or will issue any coins or tokens in the future.