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SPOT Protocol - Strategic
Overview Investors Company Profile / Project Introduction
Overview
About SPOT Protocol - Strategic
Coinbase Ventures, the corporate venture capital arm of crypto exchange Coinbase, has invested $1 million in a strategic funding round for Ampleforth Foundation's decentralized low-volatility commodity money, SPOT. Fragments, the development company behind the Ampleforth protocol.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2018 | 371 | -- |
Company Profile / Project Introduction
SPOT is a decentralized flatcoin that uses tranching instead of liquidation markets to provide stability that scales. SPOT can be held directly as a refuge from inflation, used as a peer-to-peer digital cash, or held as alternative collateral to USDC within reserves.
*Fundraising Announcement: Click here
CoinCarp Fundraising Database is an online crypto and blockchain fundraising information database; that is, all the fundraising-related information is provided by third-party organizations and individuals. However, CoinCarp cannot guarantee the validity of the information found here. The information contained in this Fundraising Database is not investment advice.