Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Barcelona, Spain, 14th February, 2022, Chainwire
The proceeds of the sale will go towards development costs and continued support of web3 public goods.
Potion Unlock, a novel release model for decentralized Protocols registered sales of USD 12 million last January, from renowned DeFi firms and individuals. The Potion Labs team behind the project had previously raised USD 3.2M in August 2020 from top-tier DeFi investment firms.
The project attracted interest from experienced DeFi parties such as Polychain, Placeholder, Pantera, Maven 11, The LAO, MetaCartelVentures, ParaFi, Spartan, Robert Leshner, and Tarun Chitra, Fernando Martinelli, Synthetix founders, Crypto Plaza, Roble VC, CULTUR3, Lemniscap, Zee Prime, beToken Capital, among other reputed parties in DeFi.
The USD 12 million sale is part of a limited pre-release of an upcoming NFT collection that is about to launch as part of ‘Potion Unlock’, a novel on-chain community consensus challenge that will take all the protocol code into the public domain. The game is aimed at accelerating decentralization while creating a well-defined regulatory framework for dev teams and participants.
In addition to this initial sale, a broader public NFT sale will also take place, and be open to the wider community. Finally, a % of the collection is also being made available to project OG members, who will get an allocation of NFTs in recognition for their contributions to the community.
The team plans to continue doing research and development in the Web3 space and is committed to continue working on radically new and high-quality public goods.
“We are excited about the opportunity to introduce a new class
Read more on cryptonews.com