Superfluid raises $9M To Build the Real-Time Finance Economy
When thinking of the crypto community, or any other movement for that matter, it’s common to think of where it is now. Hundreds of projects, thousands of developers, millions of users. But crypto started, not so long ago, with a nobody, Satoshi Nakamoto.
By building a small, but incredibly dedicated community of supporters, crypto has become an unstoppable force which will define this century, changing the core of our economic system: money itself.
At Superfluid, we are incredibly excited to be a part of this monumental shift, contributing our own innovation to magical internet money: modular asset streaming.
We believe in the future all digital business will happen on-chain. DAOs and businesses will be paid in streams — constant flows of assets, moving from one wallet to another, second after second — immediately redirecting their cash flows to contributors. Contributors will stream into savings protocols, which will lend to others in streams, in a fluid economy — an interconnected network of wallets, exchanging value in real time.
As assets become super-fluid, value exchange becomes much faster, eliminating unproductive idle capital and making everyone richer in the process.
Today, we are thrilled to announce we have closed an oversubscribed $9M seed round from a group of tremendous investors, which will give us the fuel needed to service our community and build together a real-time finance economy, built on crypto native rails.
We’re starting by growing our team, with open positions in engineering, marketing and product. If you are an outstanding Solidity Engineer or Marketing Manager, apply here! We’d love to hear from you.
We’ll also be supporting more hackathons, which will help introduce and familiarize hundreds of builders to the possibilities of asset streaming. The last hackathon, HackMoney by ETHGlobal, had 37 projects building with Superfluid. The depth of innovation and utility is astounding, and we can’t wait to #BUIDL more!
We’ll also set up more bounties, allowing anyone to contribute directly to our open source codebase. Keep an eye on our blog and on Twitter for more announcements about that.
Balaji Srinivasan, Stani Kulechov, and Do Kwon, are some of the pioneers who believe in our vision and backed us, together with Multicoin Capital and Semantic Ventures, which have provided us invaluable support and guidance.
We also are backed by some of the brightest minds in crypto: Delphi Digital, DeFiance Capital, MetaCartel Ventures, MMC, Fabric Ventures, The LAO, DeFi Alliance, WhiteStar Capital, Roble Venture Capital, Tiny.vc, Divergence Ventures, BR Capital, Angel DAO, Stable Node, beToken Capital, Supernova Fund, ID Theory, Happiness Capital, Taavet Hinrikus, Sten Tamkivi, Ryan Selkis, Anthony Sassano, David Hoffman, Julien Bouteloup, gmoneyNFT, Jesus Perez Sanchez, Calvin Liu, Edgar.eth, Francesco Simoneschi, Ana Andrianova, Maex Ament, Noah Jessop, Rezo Shmertz, Anthony Chen, Eli Krenzke, Ryon Nixon, Gustav Arentoft, Doo Wan Nam and Märt Kelder.
Learn more about Superfluid Streams, or hop into our Dashboard to send your first stream now.
If you are a developer interested in building with Superfluid, you can find here a short video to get started and here a step by step tutorial.
A warm thank you to everyone who contributed to our mission so far.
Useful Links:
- Build with Superfluid, read our docs and join the conversation
- Handle recurring payments and crypto subscriptions
- Visit our Website or GitHub, follow us on Twitter, Discord or Linkedin
