The AshSwap team is delighted to have marked an important milestone in our journey. We are excited to inform you that AshSwap has completed a private sale with $2.5M raised.
Led by Elrond, they have brought us reputable investment funds in the blockchain technology industry with extensive experience and impressive portfolios. We firmly believe that with their help, AshSwap will quickly transform from a young startup to a unicorn.
We are pleased to introduce AshSwap investors in the private sale, including:
Elrond
Elrond’s mission is to identify and foster game-changing projects building with internet-scale blockchain technology. With research and support provided by the very architects of the Elrond technology and ecosystem, every outstanding team gains a moonshot chance.
Morningstar Ventures
Morningstar Ventures is a Dubai-based investment firm backing ambitious early-stage founders that have a particularly strong interest and involvement in the Elrond Ecosystem.
Istari Vision
Istari Vision has always been a part of Elrond’s success today, as evidenced by its valuable contributions to Elrond’s development since inception. Not only that, with their rich experience in strategy, consulting, and marketing, Istari Vision has helped many other potential projects such as Knights of Cathena, Gnogen, and most significantly, the noble Holoride ($RIDE) with a groundbreaking successful token launch. In addition, they are also one of the largest Elrond’s staking providers in the world, with $88 million under management in the network.
Skynet EGLD Capital
Skynet EGLD Capital is the first official licensed fund focused on growing the Elrond Ecosystem. The goal of the fund is to expand Elrond’s ecosystem by making strategic investments at all stages of growth of projects in the Elrond Ecosystem.
Spark Digital Capital
Spark Digital Capital is a NewYork-based venture capital firm whose investment focuses on Blockchain Infrastructure, Blockchain Mass-adoption, Blockchain Enabled Decentralized Finance. They have a tremendous experience in venture capital, as evidenced by a bold portfolio of investment projects, especially Elrond.
SL2 Capital
SL2 Capital is a venture capital firm that focuses on founders. With a development house/studio and labs division with over 150 employees, SL2 offers assistance and support at every level of the project lifecycle. Besides that, SL2 has an in-house blockchain team and DeFi house in Europe of 25 developers who specialize in innovation in the crypto space from a modular tech stack perspective.
D1fferent Capital
D1fferent Capital is a team of blockchain enthusiasts who fell in love with the Elrond Network’s vision and tech right from the early days. They also love art and see vast potential in the NFT area.
By being a Service Provider for the Elrond Network, they play an active role in securing this blockchain which, they believe, will have a leading position in the blockchain landscape and will shape the future for the better.
SwissBorg
Swissborg is a team of finance and technology experts dedicated to democratizing wealth management which provides fair, safe, accessible applications to facilitate investment in crypto assets and contribute to accelerating the world’s transition to decentralized countries.
Qredo
Qredo is a technology provider building the Qredo Network, a layer 2 solution which serves as a security layer for users’ assets. By leveraging their proprietary decentralised MPC technology, users remain in control of their assets while retaining the benefits of being able to manage treasury, put governance processes in place with multi-approvals, and even receive insurance cover in their own names if desired. They are also MetaMask Institutional partners and WalletConnect connection on the way too.
Rhinevall Capital
Rhinevall Capital is a capital firm backing founders and builders navigating through the open world of decentralized finance, play-to-earn, and the metaverse. Their expertise lies in supporting start-ups early with capital, connections, research, and strategy.
Titan Stake
Titan Stake is one of the most active staking service providers in the Elrond Ecosystem, and aims to be an ever-growing name that leads the way in building on the network, educating the public and hunting top talents and ideas, adopt them until they flourish and add more value to the network.
Titan Stake is in the phase of repositioning the brand’s values and growth path and this project is a crucial milestone along the way.
London Real Ventures
London Real Ventures is an investment venture which focuses on working with companies in the DeFi and crypto sectors, creating value for their partners through transformative media.
We believe that the selection of investors is essential to the long-term development of a project, and choosing to work with the above investment funds will help us accelerate the growth. AshSwap is built on the Elrond Blockchain, so what better launchpad than Elrond and the investors that accompanied them in the early days?
We are here to support Elrond’s vision of onboarding the next billion users. Elrond onboards users and we serve them.
Details of Private Sale
Token Allocation: 100,000,000
% of Total Supply: 10%
Token Price ($): $0.025
Amount Raised ($): $2,500,000
Valuation at the round ($): $25,000,000
About AshSwap
AshSwap is the first decentralized exchange built on the Elrond blockchain that allows users to trade between stable assets with high volume and small slippage. As Elrond grows to become the infrastructure of DeFi, more types of stablecoins will flow in, and users will need a place to swap them.
Check out our social channels:
- Website: https://ashswap.io
- Telegram announcement: https://t.me/ash_swap
- Telegram Global: https://t.me/ashswapglobal
- Discord: https://discord.gg/wsXDCQpfYd
- Twitter: https://twitter.com/ash_swap
