BlackHole Protocol closes Strategic Round to create an approval-free decentralized & cross-chain burning protocol
BlackHole Protocol users of the world!
🌟 Today, we are super happy to share our newest News🌟
We are excited to announce that BlackHole Protocol has closed the strategic funding round with participation from NGC Ventures, Power Law Capital, AU21 Capital, X21 Digital, ShinChan, Oasis Capital, Crypto Times, 0xAlpha Capital, and BigCoin Capital.
We will work closely with support partners including Bounce.Finance, WeStarter, Helmet.Insure, ChainSwap. They to provide a more support & resources to create an approval-free decentralized & cross-chain burning protocol.
Introducing our strategic investors
About NGC Ventures
NGC Ventures is one of the largest institutional investors of blockchain and distributed ledger technologies, and has been a key contributor to a number of leading blockchain projects. We strategically leveraging and amplifying our portfolio to help create and enhance each one’s competitive advantages. Selectively partnering with leading investment professionals and technical developers in the world. NGC Ventures is composed of experienced and reliable investment professionals with global vision and access to worldwide industry resources. We come from diverse backgrounds that include technology, finance, consulting and investment banking. Our extensive educational and professional experience benefits our portfolio companies with a wealth of valuable and relevant expertise.
About AU21 Capital
AU21 Capital was founded by Chandler Guo and Kenzi Wang in 2017 with the mission of backing the most promising blockchain entrepreneurs, and providing founders with resources and connections to succeed. Chandler previously co-founded Gate.io, one of the top exchanges in Asia. He is also an early investor in blockchain projects and cryptocurrency exchanges including Ethereum, ETC, Metaverse, NEO, Qtum, Binance, and Huobi. Kenzi served as Vice President and General Manager at Huobi Global, a leading global exchange, where he directed exchange operations, business development, marketing, venture and listing functions.
About X21 Digital
X21 Digital is a Blockchain Advisory and Investment firm dedicated to helping mainly blockchain startups accelerate their growth and exposure in the industry. We focus on giving the most optimal strategic advice and guidance, to shortcut our clients and partners’ path to success. We determine sustainable marketing and growth strategies for the projects. We have access to the RIGHT network and resources to support the projects. We fund the projects ourselves, guide them, and bring them further funding within our network of instituitions and strategic partners.
About Power Law Capital
Power Law Capital is an organization of mathematicians. We seeks to generate returns for investors through multiple calculations on portfolios. We invest in companies,based on innovative technology, market adoption, and real use cases, incubates promising blockchain projects.We invest in numerous top-tier DeFi and NFT projects. We are successful entrepreneur and dynamic business leader with a track record of spotting disruptive opportunities, commercializing a business and driving growth.
About ShinChan
ShinChan is one of the largest crypto community in Malaysia. We also doing analyst / research for potential analysis with our scoring spreadsheet, creative infographic, marketing and a lot more. Normally we also early invest on potential project as a strategic partner. Also we helped a lot tip top projects for AMA, like Reef Finance, Algorand, Kava, Hard Protocol, Elrond Network, Injective Protocol, Aergo, Carry protocol, STP, SandBox, Troy and many many more.
About Oasis Capital
The Oasis Capital an elite community consisting of self-publishing vloggers, crypto enthusiasts and executives of listed companies in the cryptocurrency circle. Position verification is required to join the community. The community currently has over 16,000 community members, including nearly 5,000 in the Discord community. The community is committed to becoming a global community in the future..
About Crypto Times
CRYPTO TIMES — ( https://crypto-times.jp ), One of the biggest CryptoCurrency-specific media in Japan, operating for 3 years since 2018.The maximum MAU is 410,000 and the media is still accessed by more than 10,000 people per day. CRYPTO TIMES provides a lot of quality content, including interviews with key people in each project and industry, news articles, DeepDive reviews of projects, and how to articles. As a feature, when compared to other media, more users familiar with cryptocurrencies read it than novice users. Since February 2020, we have created an in-house research organization to deliver a report called CT Analysis. We also undertake custom reports from companies in Japan that are interested in blockchain and cryptos.
About 0xAlpha Capital
0xAlpha Capital is a crypto fund located in Singapore where blockchain enabled projects flourish. We have been investing in the digital assets space since 2017. Our team is lead by senior executives from global companies focusing on finance, marketing, and consulting. With a strong technology team consists of QA engineers with 4+ years of experience in IT, we are confident to provide the help you to write the testing documentations, execute testing and provide the status of your product with a list of issues sorted by priority. We also have partners who have wide range of influence on a variety of platforms. We strongly believe that digital assets, and in particular, decentralized finance applications will play a critical role in the digital economies of the future.
About BigCoin Capital
BigcoinVietnam is a leading capital fund & community-based marketing company in Vietnam. For more than 3 years of operation, we have been supporting more than 100 projects to win Vietnamese market, namely more than 5 projects winning more than 1 million USD in their fundraising campaign including Vietnam, more than 10 projects gaining thousands of users within only 3–6 months of doing a comphrehensive marketing campaign. Our notable customers are AAVE, TomoChain, Noia Network, Houbi, FTX Exchange, Bella Protocol, Splyt, Cere Network and so on
About Gate Labs
Gate.io exchange platform was established in April 2013, registered in Cayman. The platform has many years of stable operation experience and has accumulated many industry-leading technologies. It safeguards users’ assets through both centralized and decentralized means, and provides users with an efficient and convenient real-time trading service system. As one of the world’s longest-established and largest trading platforms, Gate.io strictly follows industry rules and does not participate in market operations.
About MXC Labs
Launched in Apr 2018, MXC is a centralized cryptocurrency exchange registered in Seychelles. It supports CNY, VND, USD, GBP, EUR, AUD deposit, and CNY, VND withdrawal. MXC is a decentralized and self-organized platform for blockchain asset exchange and communication, founded by a team of senior quantitative traders from Wall Street and Japan and Europe, and senior blockchain practitioners. MXC will provide users with more secure, convenient and intelligent blockchain asset circulation services.
About Winkrypto
Winkrypto has helped companies clarify their purpose and created impressive brands. We transform complex concepts into clear and absorbing narratives: articles, in-depth report, live streaming, design and social campaigns. A marvelous tale is more likely to be acclaimed by communities, rather than traditional media.
About RedLine Capital
RedLine Capital is a well-known investment institution focusing on investing in the blockchain technology sector, currently investing in FTT, LBK, Bitwell, For, AAX, CCFOX, AGS, DODO, ludos and other projects. RedLine Capital is the top multi-strategy capital management team in China in the field of capital management, providing exchange market maker services for dozens of exchanges with an average monthly turnover of 200 billion.
About HeartBit
Heartbit is a one-stop acceleration service platform integrating blockchain industry resources integration, industry investment, project incubation, technology development services, trading services, and mining ecology. Heartbit, adhering to the concept of professional, efficient and win-win services, builds HeartBit’s diversified ecological development and creates customized “one-stop” services for blockchain projects.
Introducing our support partners
About Bounce Finance
San Francisco, March 15th — Bounce Finance announced that it has raised a new funding round. Investors include Pantera, Coinbase Ventures, Hashed, Fundamental Labs, DHVC, Blockchain Capital, and SNZ capital who have recently invested in Bounce. Raised funds will be used to build an NFT marketplace and ecommerce platform described by the founders as “Shopify for NFTs”. Launched in mid 2020, Bounce Finance is a decentralized auction protocol that provides a competitive swap environment, unlocking the potential of open finance. Following the increased demand from the community, Bounce is expanding with a separate NFT branch. Bounce NFT will become one of the four branches powered by the Bounce (AUCTION) token that also include Bounce Decentralized, Bounce Certified and Bounce Polkadot.
About WeStarter
WeStarter is a token distribution platform based on the Heco network(Huobi eco-chain). By virtue of innovative produces and sufficient resources, it supports transactions of multiple types of assets and connects with both primary and secondary markets, which make WeStarter an accelerator for DeFi projects. WeStarter platform supports token distribution of cross-chain assets, and continues to explore the connection with other fields, such as STO and NFT assets so to provide a variety of distribution choices for both developers and investors.
About Helmet.Insure
Helmet.insure, developed on BSC ( Binance Smart Chain), specialize in providing price-shield insurance for BSC assets. The types of insurance depends on token holders and traders. Helmet.Insure is a protocol for advanced DeFi users who have a basic understanding of how financial options work and enough exposure in DeFi assets for it to make sense to hedge some of it. March 10th, Helmet.insure has received strategic investment from Binance. We will work closely with BSC community and Binance to provide a more competitive option & insurance protocol for cross-chain and on-chain trading.
About ChainSwap
ChainSwap is a cross-chain asset bridge & application hub for smart chains. ChainSwap allows projects to seamlessly bridge between ETH, BSC and HECO. In the near future ChainSwap will be on-boarding all major assets and integrating additional chains providing full cross-chain solutions between BTC, DOT, SOL and more ultimately creating an asset and application hub for all smart chains. ChainSwap has closed a $3M strategic funding round with participation from Alameda Research, OK Block Dream Fund (OKEx), NGC Ventures, Spark Digital Capital, Metaconstant Ventures, CMS Holdings, Rarestone Captial, Monday Capital, Continue Capital, SRC Capital, DAO Ventures, Mask network, and Particle.
About NULS
NULS is an open-source, enterprise-grade, adaptive blockchain platform that offers fast-track business solutions for developers. Featuring microservices, smart contracts, cross-chain interoperability, and instant chain-building, NULS sets a new industry standard in streamlining blockchain adoption.
Contact us
Website
https://www.blackhole.black
Telegram
https://t.me/BlackholeProtocolOfficial
Telegram Channel
https://t.me/BlackholeProtocolAnnouncement
Twitter
https://twitter.com/blackholeburn?s=11
Medium
https://blackholeprotocol.medium.com/