Konomi Network builds a decentralized money market and full‑suite asset management platform using Substrate to support cross‑chain crypto assets within the Polkadot ecosystem. Users can manage holdings, trade assets, and earn interest through decentralized lending and money‑market products, and the protocol issues a native token for liquidity and governance. The team plans to add Ethereum Virtual Machine support and enable smart contract deployment, introduce decentralized liquidity swap functionality, and launch a standalone Konomi parachain. Konomi is preparing a public testnet and has slated token generation and listing for mid‑March. Financially, the project closed a $5M raise in three investment rounds from crypto funds to advance its roadmap. In the short term Konomi is pursuing strategic collaborations with leading DeFi projects across Ethereum and Polkadot communities and will conduct a community sale via an IDO on Polkastarter.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2021