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ted (not lasso)
@ted
following the $525M Praxis announcement and our own journey helping build IRL<>URL communities and meaningful experiences that leverage our digital future (farcaster, crypto, blockchain, etc), i feel there is no better time to share our next phase of making this future a reality: my pre-seed of exactly $0.00.
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Zach
@zd
I'd be surprised is this was a pure equity round My guess is $25M equity + $500M debt
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ted (not lasso)
@ted
yes definitely some balance of venture debt and equity but with participation from three major crypto funds, there is one type of funding you’re missing ding ding ding TOKENS!!!
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derek
@derek
It's something like that, using real world assets. I'll know more tomorrow (there's a town hall for Praxis citizens).
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