ThorSwap, a decentralized exchange based on the dec-chain liquidity protocol ThorChain, raised $ 3.75 million in the token sale round. The leading venture funds in the blockchain industry supported the special token sale round. The fact that the DeFi ecosystem is growing rapidly and is being followed with interest by crypto currency investors causes many projects to develop rapidly.
ThorSwap Raises $3.75 Million
ThorChain based DEX, ThorSwap he raised $ 3.75 million in a private token sale. Financing, THORChainit will also be used to create development and operational resources, including the launch of new products.
True Ventures, Sanctor Capital, THORChain, The tour with the participation of Nine Realms, Proof Group, 0xVentures, Qi Capital and several other venture funds was led by IDEO CoLab Ventures. THORSwap right now Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Binance Coin (BNB) and ERC-20 and BEP-20 it supports your tokens.
ThorChain Is Developing
It will help THORSWAP scale up its platform and get THORSWAP through “Cloudpleasr” audits with an anonymous team member. The ThorSwap team remains anonymous because it was born out of the ThorChain community.
THORSWAP’s first fundraising event attracted a lot of attention, in October the project hopes to raise more funds with IDO. ThorSwap‘s IDO will be released on Thorstarter to sell THOR. The platform also THOR he announced that the token creation event for is planned for later this month.
THORChain (RUNE) at the time of writing, it continues to find buyers at $8.82. The token, whose market value is based on the $ 2 billion limit, generates a daily price volume of 90 million. The total value of assets locked in the network is exactly 179 million dollars, and THORChain (RUNE), which is among the 100 largest crypto currencies, can quickly dec its ranking with new projects.
On May 18, RUNE made ATH for the first time in excess of $20. On July 22, it approached the lowest price of the year at $ 3.8 with a price of $ 1.6.