Boson Protocol is a London, UK–based project established in 2019 by Justin Banon that is developing a capture-resistant dCommerce ecosystem using NFTs encoded with game theory. It is advancing a decentralized autonomous network to coordinate commerce transactions with minimized arbitration and to create an equitable Web3 marketplace for commerce data. Once live, Boson’s solution will enable users to exchange digital assets for real-world items without monopolistic intermediaries capturing value or hoarding customer data. The project closed funding rounds totaling $10M prior to its public sale. The funds will be used to grow technical and product teams, further develop prototype pilots for launch partners, and accelerate ecosystem development through grants channeled by the dCommerce DAO. Boson Protocol is building infrastructure that connects smart contracts with real-world commerce and data, enabling digital assets to be tied to physical items for frictionless exchange. The project is developing a working prototype that it plans to unveil in the coming months. Recent hiring will add 15 roles across Product, Operations and Technology, and the company is expanding token engineering and ecosystem development teams. Funds raised will finance these hires, continued international team expansion, and prototype development. Boson also plans a public token sale later in the year. The company is supported by industry advisors including founders and product leads from Ocean Protocol, Blockscience, Consensys, and Outlier Ventures.

Total raised

$13M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2021