Polkadot
Baarerstrasse 14, Zug, 6300, Switzerland
Overview
Polkadot is a protocol that allows independent blockchains to exchange information. Polkadot is an inter-chain blockchain protocol which unlike internet messaging protocols (e.g. TCP/IP) also enforces the order and the validity of the messages between the chains. This interoperability also allows the additional benefit of scalability by creating a general environment for multiple state machines.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 6
Sector focus
- Apps
- Blockchain
- Crowdfunding
- Information Services
- Information Technology
- Web3
Investment portfolio
- MyCointainer
Participated · Seed · Jan 2022
MyCointainer is a platform that enables customers to stake cryptocurrencies and tokens starting with as little as 1 EUR and earn daily rewards. The product supports more than 100 digital assets, including Polkadot, Cardano and Elrond, and allows staking via purchases, transfers and delegations from users' wallets. The company has generated over $3 million in rewards for its more than 110,000 users and employs over 42 people. MyCointainer holds a financial institution license in Estonia and cites key markets including the UK, the USA, France and Italy. It has partnerships with projects such as Elrond/Maiar, Avalanche Labs, Waves and Cosmos, and has notable asset activity like nearly 8,000 active Polygon participants. The company plans to use funding to develop its yield-earning platform, improve its B2B products, expand across Europe, Asia and the Middle East and grow its team.