• Polygen has raised $2.3 Million in an Investment Round.
• There were many notable investors who joined the round.
• Polygen goes by ‘the world’s first truly decentralized launchpad without gatekeepers’.

Polygen steps up as the platform that is the world’s first truly decentralized launchpad without gatekeepers. Recently, the $2.3million investment round was closed for this project. Polygen is different from all other launchpads in that anyone can launch a project.

Polygen, in its simplest form, will be a non-profit launchpad for innovation that is open to all. It aims to promote positive change within the sector. Polygen believes in the need to eliminate all intermediaries and barriers that hinder innovation.

The platform stresses transparency, which is an added bonus. It is a vital characteristic. It is especially important when it’s paired with automated support after launch. Polygen was a high-profile investor who participated in the round of fundraising.

SL2 Capital leads the charge. Axiom and AU21 are following, as well as Polygon Syndicate (Twin Apex Capital) and ZBS Capital. Many other investors participated in the round, including Amplio Capital and Biconomy.

Additional investors, such as Keys Investments, LD Ventures. LucidBlue Ventures. Lumos labs. Maven Capital. Moonboots Capital. and NetZero Capital also joined the round. Sky Man Ventures was joined by Storna Finance and Woodstock Capital Fund LLP to complete the round.

Meanwhile, the CEO of Polygen — Mike Hepburn comments:

Being part of the Polygen Team is an exciting opportunity. Polygen’s industry-first decentralized launchpad, which has no gatekeepers and is very exciting, generates a lot more excitement in crypto. Polygen is a significant step forward in fundraising for launchpads, with Projects being able to raise money with total freedom to experiment and innovate.

Polygen believes projects in the blockchain sector should not be subject to the demands and interests of the launchpad. The Polygen project believes that the reverse should happen.

Polygen prioritizes the needs of both the investors and the project. This project has eliminated all permissive gatekeeping. In turn, this makes it the ‘ of launchpads’. Polygen offers a unique, democratic way to access launchpad services.

Polygen is able to assist all types of projects by using this method. Developers can list their projects, and then use tokens that are event-based to raise funds instead of permanent tokens. You could also use this approach for funding other types of projects, like seed, public, and private.

All in all, Polygen’s primary selling point is that every step of the launchpad process takes place on-chain. This allows for maximum transparency. The launchpad is open to all kinds of fundraising. The launchpad allows any team or developer to list their venture and can help them reach more potential investors. It addresses the increasing need for innovation within the sector.

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