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      Koinos's Logo

      Koinos - Seed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      January 19, 2023

      Financing amount

      $0.5M

      Valuation

      --

      Catagory

      Others

      Subcategory

      DApp

      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

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundSingapore201842investment@blockchainff.com
      CorporateUnited States of America--1--

      Founders & Team

      Andrew Levine's Logo

      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. 

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      *Fundraising Announcement: Click here