BullPerks is a decentralized VC and multi-chain launchpad for the blockchain and crypto industry.
Cayman Islands, June 4, 2021 /AlexaBlockchain/ – Surfing on a wave of unprecedented demand from investment firms, decentralized VC and multi-chain launchpad BullPerks has concluded $1.8 million private funding round.
The promising concept attracted a slew of investors, including X21, GD10, Shima Capital, AU21, Alphabit, Genblock, Blocksync, Darkpool, Skynet Trading, Moonwhale, Sora Ventures, Faculty Capital, ThreeM Capital and more.
BullPerks is a community-dedicated decentralized venture capitalist and multi-chain launchpad for the blockchain and crypto industry. This dual-pronged approach removes the illusion of VC-level investing being for early adopters only. Creating a more level playing field will bring more people to the cryptocurrency industry and innovative blockchain projects under development. Everyone has a chance to invest in supported projects.
Why does it matter? Decentralized VC and multi-chain launchpad services have tremendous potential to make a lasting impact on the cryptocurrency industry. It has been testified by the huge interest from investors in BullPerks.
Commenting on the response from investors, BullPerks’ Co-founder Eran Elhanani, said:
“We’re very pleased to close the raise from such high-quality investors. We were extremely oversubscribed in a very short time, so we had to limit ticket sizes in order to accommodate as many strategic investors as possible. This is definitely a vote of confidence of the investors in us as a team and in our project and vision.”
BullPerks said that investors have shown a keen interest in exploring the option of this decentralized VC solution. Moreover, the multi-chain launchpad approach by BullPerks will bring composability to the industry, something that is lacking today.
Investors are highly confident on the future prospects of this project. Dr. Deeban Ratneswaran, CEO and Co-founder of GD10 Ventures, said:
“GD10 Ventures look forward to supporting Bullperks’ democratization of the Venture Capitalist industry. Bullperks empowers small investors to compete with whales by allowing them to accrue lucrative projects at seed and private stages. We’re impressed by the strong and deeply experienced team that operates Bullperks, supported by a loyal network across multiple blockchains, their capacity to select disruptive ideas speaks for itself. All of the above gives us confidence that investors will garner a secure and equitable experience and an opportunity to level the playing field with crypto-whales.“
Jason Fang, Sora Ventures Managing partner, said:
“As our industry demands products to be more decentralized, we see a need for platforms like Bullperks. We are extremely excited to be backing their mission as we see this to be a core element to how retailers will evaluate projects in the future.”
In the next quarter, BullPerks will integrate other chains, including Solana, Polygon, Tezos, and Cardano. The team also pursues multiple strategic partnerships and will enhance the investment opportunities for the decentralized VC aspect. BullPerks will also launch multiple projects on its multi-chain launchpad.