4 years ago

TotemFi Secures $255K in Strategic Funding

  • TotemFi, a London-based decentralized finance (DeFi) prediction markets platform for the crypto community, has closed a strategic sale round for $255,000

  • The round is part of the $777,000 fundraising cap for the project, with the remaining funds coming from seed funding, private sale, and a public sale

  • Backers include DuckDAO, Nabais Capital, LD Capital, Alphabit, Altvest, Moonwhale Ventures, and Bluenode Capital

  • TotemFi is a staking-based DeFi prediction protocol that offers investors a platform to earn rewards for accurate predictions on price movements

  • The company's decentralized app (dApp) is set to launch early in 2021

  • The raise follows a successful incubation by DuckDAO.

      • ProblemFinancial Services

      "making it difficult for users to predict price movements in the crypto market"

      Solution

      "a staking-based Decentralised Finance (DeFi) prediction protocol that offers users a platform to earn rewards for accurate predictions on price movements within a given asset or on broader events"

      Covered on