Tech Company Financing Transactions
Zap Funding Round
Cypher Capital, private investors and Rarestone Capital participated in a $15.1 million Seed venture round for Zap. The round was announced on 7/12/2024.
Transaction Overview
Company Name
Announced On
7/12/2024
Transaction Type
Venture Equity
Amount
$15,100,000
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Undisclosed, Undisclosed
Saint Vincent
Undisclosed, Undisclosed
Saint Vincent
Phone
Undisclosed
Website
Email Address
Overview
ZAP is a reputation-based token distribution protocol built on Blast, designed to ensure fair and meritocratic token rewards by validating user contributions. It helps projects sustainably grow their communities through campaigns like the "Blast Gigadrops," which rewards users for social and on-chain interactions with over 20 Blast ecosystem projects. ZAP is expanding its protocol to other blockchains, starting with Base, and is developing a no-code token launcher and token launchpad to simplify access to venture-capital-backed projects. With a focus on rethinking the token launch experience, ZAP aims to provide seamless distribution for crypto founders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC transactions reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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