Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Synthetix founder: Proof of Play’s $33 million seed round is “destined to fail”
2023-09-22 02:07
Odaily News Regarding Proof of Play completed $33 million in seed round financing, Synthetix founder Kain.eth commented: I rarely FUD new projects, but based on principle, a16z led the investment in the seed round. The financing of more than 30 million US dollars is very pessimistic in itself, and it is destined to fail. In this regard, some users responded that from the valuation point of view, the financing is likely to be completed during the bull market in 2022, but it has only been completed recently. published to the public. Kain.eth continued to comment: Seed round financing during the bull market is even more pessimistic. Yesterday evening, Proof of Play announced the completion of a $33 million seed round of financing, with Greenoaks and a16z co-leading the investment, Balaji Srinivasan, Twitch founder Investors Justin Kan and Emmett Shear, Mercury, Firebase, Zynga and Alchemy also participated.