Lemniscap
@lemniscap
1/6 Lemniscap is proud to have led the $4.3M seed round for Fjord Foundry, the community-focused platform connecting innovative projects with engaged backers, with participation from @mechanismcap, Zee Prime Capital & @castlecap.
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Lemniscap
@lemniscap
2/6 The round also included participation from renowned angels such as @kaduna, brbsaurus 🦖, joshua rager, Kieran.eth ♊️ & Danny Wilson from Illuvium, Robin Davids, JZ, DANNY 🧸, ChadGaff & many more.
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Lemniscap
@lemniscap
3/6 We wholeheartedly support Fjord's mission to democratise access to early-stage opportunities for Web3 backers – setting the standard for transparency & fairness when it comes to preliminary funding rounds.
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Lemniscap
@lemniscap
4/6 Fjord also empowers projects to bootstrap liquidity seamlessly, having already facilitated launches for the likes of Merit Circle, RSS3 & Autonolas, as well as highly successful raises for platforms including @shutter, Vector Finance, Inscribe, & Ordibank.
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Lemniscap
@lemniscap
5/6 Fjord's signature launch offering – the transparent Liquidity Bootstrapping Pool (LBP) – prioritises equitable distribution, mitigating the risk of whale manipulation & bots. The LBP will play a key role in helping Web3 projects accelerate their development & expand their communities moving forward.
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Lemniscap
@lemniscap
6/6 Congratulations to the entire Fjord Foundry team on this important milestone! We are very excited to support the platform's upcoming chain deployments. Read more about the announcement here: https://decrypt.co/221561/fjord-raises-4-3m-to-connect-early-stage-web3-projects-with-engaged-backers
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