Freatic secured $3.6 million in a funding round led by a16z crypto for a decentralized information markets protocol.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.A group of developers working on a project named Freatic transitioned from stealth mode today, securing $3.6 million in a funding round led by a16z crypto.
Joining the funding round were investment entities including Anagram, Archetype, Not3Lau Capital, Robot Ventures and Arweave. Angel contributors encompassed Stefano Bernardi, Meltem Demirors, Stephane Gosselin, Jutta Steiner and MacLane Wilkison. "We are now using cryptography and game theory to build sustainable ecosystems that connect individuals with knowledge of untapped information and actors who can capitalize on these opportunities," the developers at Freatic stated.
The team's prior endeavors have included offering specialized crypto insights in both centralized and decentralized capacities. It's run , a website furnishing unique perspectives on nascent crypto projects to enhance deal flow for crypto investors, since 2020.