Cryptomeda closes strategic funding round

Cryptomeda
2 min readMay 12, 2021

The Cryptomeda team is thrilled to announce the closure of its seed and a private round of the token sale, led by AU21 Capital, x21, and Metrix Capital. The round has received tremendous support from a number of crypto industry investors.

Cryptomeda has successfully raised $2.7 million in the strategic funding round from notable partners, global funds, and communities.

Cryptomeda supporters now include Spark Digital Capital, Blocksync Ventures, GD10 Ventures, AngelOne, Peech Capital, Lotus Capital, Moonwhale, Kardia Ventures, LVT Capital, Raptor Capital, Bigcoin Vietnam, Llama Ventures, Magnus Digital Capital, Signal Ventures, In square Ventures, Blockpact Capital, Minted Labs, Titans Ventures, Megala Ventures, Ventura Capital, Lupa X Capital, CSP Dao, and Black Dragon.

Cryptomeda is a complete ecosystem based on the blockchain Non-Fungible Token (NFT) technology to enable users to plug into the crypto space without the hassles of traditional crypto trading. It’s a fun-based entertainment platform that provides users with numerous opportunities to earn crypto-collectibles and trade them on the platform. The platform is powered by the native currency of Cryptomeda based on the ERC-20 token standard — the TECH token, which can be used for staking, trading cards in the platform’s marketplace, purchasing special items in the mobile game, governance, and voting on the project's direction and much more.

Unlike the traditional stressful crypto trading market, Cryptomeda aims to create a simple, fun, and entertaining platform of NFT collectibles that attracts mainstream adoption. Unforgettable events and characters from the real world are reshaped into a fantasy story and the most important elements of the story are animated on rare collectible cards. All the collectibles are cryptographically unique, non-fungible, and immutably stored on the distributed ledger.

The Cryptomeda team is dedicated to making the crypto sphere as safe as possible by eliminating open NFT market threats such as frauds and fake copies. This approach makes Cryptomeda outstanding as the project focuses on revolutionizing the NFT ecosystem.

The completion of this funding round will enable Cryptomeda to continue its growth towards building a fascinating and successful project that’s unique and pioneering in the industry.

About Cryptomeda

Cryptomeda is a gaming platform focused on an exciting and unique system of NFT, DeFi, and community cooperation placed into the fantasy world. Cryptomeda aims to make the crypto world fun and easy for all levels of experience and is an entertainment platform that will provide users with a number of opportunities to earn NFT Collectibles, and trade them on the marketplace. The platform is backed by the native currency of Cryptomeda — TECH Tokens, which would enable all trade and commerce within the platform.

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Cryptomeda
Cryptomeda

Written by Cryptomeda

We aim to create a fantasy NFT ecosystem - a new kind of entertainment that opens the door for mass adoption.

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