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Tuesday, February 20, 2024

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BullPerks Successfully Ended Private Funding Round Raising $1.8M

BullPerks has successfully completed its private funding round raising $1.8 million. Moreover, Bullperks is the most outstanding Decentralized VC and multi-chain launchpad solution. This project could have huge potential to make a tremendous impact on the crypto industry. It is two in one project that utilizes the same token and the revolutionary tier system.
BullPerks’ dual-pronged methodology takes away the VC-level investing illusion only for early adopters. More so, developing a more level playing field will enable more people into the crypto space.
Notably, there were many investors participating in the funding round. These investors include X21, GD10, Shima Capital, AU21, Alphabit, Genblock, Skynet Trading, Blocksync, Darkpool, Moonwhale, Sora Ventures, Faculty Capital, ThreeM Capital and more.
The funding round investors have delivered huge interest in the decentralized VC solution. Added to this, the multi-chain launchpad approach by BullPerks will provide composability to the industry. This is something that could not be seen nowadays.
Co-founder Eran Elhanani BullPerks explained that they were very delighted to close the raise made by such great investors. He also added that they were extremely oversubscribed in a very short period of time. More so, the ticket size needs to be limited in order to make use of many strategic investors as possible. This represents the confidence of the investors as a team in their project and vision.
Added to this, Dr. Deeban Ratneswaran also said that GD10 ventures supports Bullperks’ democratization of the VC industry. Moreover, Bullperks enables small investors to compete with big investors like whales by offering them to accrue lucrative projects at seed and private phases.
Ratneswaran adds,
”We’re impressed by the strong and deeply experienced team that operates Bullperks, supported by a loyal network across multiple blockchains, their capacity to select disruptive ideas speaks for itself. All of the above gives us confidence that investors will garner a secure and equitable experience and an opportunity to level the playing field with crypto-whales.“
 
Furthermore, Jason Fang, Sora Ventures Managing partner mentioned that our industry demands products to be highly decentralized. As they see a need for platforms like Bullperks. However, they are more excited to back their mission as they see this to be the main element to the way retailers could estimate the projects in the future.
In the next quarter, BullPerks will also combine with other chains that include Solana, Polygon, Tezos, and Cardano. Moreover, the team also seeks multiple partnerships and will enable the investment chances for the decentralized VC aspect. All in all, BullPerks will deliver multiple projects on its multi-chain launchpad.
 
 

Madeline Flatley
Madeline Flatley
I’m a regular contributor to major crypto publications such as CoinDesk, Bitcoin Magazine, and Crypto Insider. My work has helped thousands of people get started in the world of cryptocurrencies. If you're looking for someone who can provide insights into the world of cryptocurrencies, then you've come to the right place!

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