Decentralized Investment Platform, BasedVC, Secures $2 Million in Seed Funding

Decentralized Investment Platform, BasedVC, Secures $2 Million in Seed Funding

BasedVC Raises $2 Million in Seed Funding BasedVC, a decentralized investment platform, has successfully raised $2 million in a seed funding round led by Neo Tokyo and Kongz Capital, as reported by CoinDesk. The round also saw participation from four angel investors, including Mario Nawfal, founder of Web3 investment firm IBC Group. The valuation of BasedVC in this round was set at $15 million. The specific allocation of the funds raised has not been disclosed by the company. This seed funding will allow BasedVC to accelerate its platform development and expand its operations. BasedVC aims to democratize access to investment opportunities by leveraging blockchain technology and decentralized finance (DeFi). The platform provides users with a secure and transparent way to invest in various asset classes, including cryptocurrencies, tokenized securities, and real estate. BasedVC's mission is to make investing more accessible and inclusive, particularly for individuals and smaller investors who may not have traditionally had access to such opportunities. The platform's decentralized nature eliminates intermediaries and reduces barriers to entry, fostering a more equitable investment landscape. With this latest funding, BasedVC is well-positioned to continue its growth trajectory and establish itself as a leading player in the decentralized investment space.