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‘Most Decentralized Network’ Minima Raises $6.5M in Series A Round -Breaking

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‘Most Decentralized Network’ Minima Raises $6.5M in Series A Round
  • Minima completes Series A round of funding.
  • It raised $6.5 Million.
  • Many notable investors contributed to the investment.

The protocol built to run on smartphones — Minima, is happy to announce the closing of a Series A funding round. This round was funded by a variety of notable investors. It raised $6.5 Million. Vinny Lingham, Vinny Lingham, DEX Ventures and Vinny Lingham are some of the major investors.

Hugo Feiler is the CEO of Minima.

This Series A fundraise has been highly requested and we are thrilled to share it with you. The Mission of Minima’s Mainnet is to establish a Blockchain that nobody controls or owns. This will make it decentralized. This fundraising round will enable us to bring onboard the resources we need to launch Minima’s Mainnet in the middle of 2022.

These investments are no doubt an instrumental step towards the launch of Minima’s mainnet in 2022. To highlight, Minima’s innovation lies in the fact that the protocol would possibly make every user a complete node.

The blockchain protocol uses a variant of the Proof-of-Work consensus mechanism. The protocol can run on both IoT and mobile devices because it requires very little computing power.

Minima is the brand that has been designed to provide the best immutable and scalable protocol on the market. Minima provides users with a safe and secure chain that supports token transfers as well as smart contracts.

Minima currently has over 5,000 Nodes in 94 Countries. Minima achieved this in advance of the 2022 launch. To speed up its launch, the Series A round will help propel the project to the finish line. Users can earn coins with the Minima Incentive Program in just three ways. You can start by installing the Minima app to your Android phone or running Minima directly on your PC, Mac, and Linux. Participating as testers will allow them to earn even more Minima coins. Sign up to join the waitinglist.

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