Valora
500 Treat Ave, San Francisco, California, 94110, United States
Overview
Valora is a mobile crypto wallet that combines the power of blockchain and mobile with an intuitive user interface to make crypto easy to use. Valora makes crypto useful and accessible even on the most basic smartphones, enabling 6 billion smartphone users worldwide to reliably save, send, and spend crypto as easily as sending a text message.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Blockchain
- Financial Services
- FinTech
- Mobile Payments
- Web3
Investment portfolio
- impactMarket
Participated · Equity · Jan 2022
impactMarket launched in late 2020 and operates on the Celo network as a protocol to deliver unconditional basic income via blockchain. To date it has distributed over $1.65 million to almost 25,000 beneficiaries across more than 25 developing countries. The project uses blockchain-native mechanisms including the $PACT governance token, an impactMarket DAO, and an "impact Farming" mechanism that rewards contributors with tokens. impactMarket plans to expand into the poorest countries to drive DeFi adoption and broaden access to financial services such as microcredit, collective savings with rewards, crowdlending, and other tools. The organisation has raised a total of $2.1M to further develop the protocol, decentralize governance, and expand into vulnerable communities. $PACT was sold via a $500K IDO on Polkastarter (reaching its goal in 17 minutes with 2,288 participants) and is listed on Ubeswap and tracked on CoinMarketCap and CoinGecko.