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Distributed Finance - Seed
Overview
About Distributed Finance - Seed
Distributed Finance emerged from stealth this morning, announcing a $2.5 million seed round and the acquisition of Algorand NFT marketplace Rand Gallery. The new venture aims to promote growth of non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs) in the Algorand ecosystem, according to a release on Tuesday.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2018 | 80 | hello@borderlesscapital.io | ||
Foundation | Singapore | 2019 | 30 | -- | ||
Fund | United Kingdom | 2018 | 19 | contact@eternacapital.com | ||
Fund | United States of America | -- | 108 | -- | ||
Corporate | Isle of Man | 2017 | 1 | -- |
Founders & Team
Ross Murray
Agash Navaranjan
Company Profile / Project Introduction
Distributed Finance is the market-leading DAO and NFT player on Algorand. The founding team of Zest, a DAO management tool within Algorand, is responsible for creating Distributed Finance. Distributed Finance will now become the holding company for Zest, said Ross Murray-Jones, CEO of Zest.