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Anmol Network Secure $1 Million in Seed Funding, Investor Group Reflects Strong Support for Mass-Adoption of Web3 Technologies

Tuesday, 03 May 2022 05:40 PM

LOS ANGELES, CA / ACCESSWIRE / May 3, 2022 / Anmol Network, creator of a multichain portal into the Web3 space focused on ease of use, and accessibility, has announced today that it has closed $1 Million in seed round funding led by AU21 Capital, with strategic investment from MEXC Global Exchange, YBB Foundation, Lotus Capital, HG Ventures, Danish Chaudhry and Rob Hanneman. The round was oversubscribed.

Anmol Network, Tuesday, May 3, 2022, Press release picture

Closing a seed round while securing partnerships with industry leaders such as Polygon, Darwinia, Crust Network, and Cere Network, combined with the breadth and profile of investors demonstrates the widespread support for Anmol's new, novel approach to migrating Web2 functionalities to Web3 with aims for onboarding the next billion users of Blockchain technology.

"The support of our partners, the breadth of new investors and the oversubscription of the round demonstrate to us that industry experts and thought leaders support our new, breakthrough approach for providing tools and resources for those engaging in web2 functionalities such as digital arts and entertainment, gaming, ticketing, transaction processing, logistics, eCommerce, and social networking to seamlessly migrate to Web3" said Furqan Ahmed, Founder, and CVO of Anmol Network. "Thanks to our forward-looking investors, Anmol can accelerate our mission to empower everyday internet users, small or large businesses, developers, or current users in the blockchain space to participate or further engage with Web3 technologies with nominal overhead development or onboarding costs. Whether a user wants a new audited token with customized vesting, a DAO, a generative art NFT project of thousands or even millions of NFTS, this can happen in a matter of minutes using Anmol's tools and DApps".

How Anmol Network Works

We see Anmol as the missing piece in this industry. The Web3 market is currently disjointed, off-putting to newcomers, and deeply inaccessible. Anmol is working to fix this by crafting an interoperable and beginner-friendly infrastructure for onboarding and transitioning organizations into Web3 technologies, imagine a Canva or WordPress but, for Web3, this is what we are offering. We believe this is necessary for widespread adoption and overall maturity, as an industry like this cannot grow and become stable without a global network of varied and avid users.

The Web3 space is growing at a faster annual rate than the internet initially had. With all of this potential, tools and resources must be provided to foster the mass adoption of Web3 technologies.

Anmol aims not only to bring growth to our ecosystem but for the blockchain and Web3 industries as a whole. We are building simple, yet multi-faceted, tools designed for blockchain beginners or existing web2.0 developers, and businesses looking to give Web3 a try, we are facilitating the new generation of online activity.

By creating easy-to-use tools, a multi-chain network, and educational content, we will be expanding the world of Web3 by creating a pathway for users and businesses to transition to newer technologies and away from Web2.

As our tools will be deployed not only on our blockchain but, on multiple blockchains such as Polygon, Ethereum, Solana, BSC and more, at the protocol level, we stand to benefit other chains through driving adoption and ease of use across a full spectrum of blockchain projects, and integrations with external brands.

Anmol also offers tools and resources to further empower users already actively involved in web3. Whether a user wants a new audited token with customized vesting, a DAO, NFT Tickets, Custom Metaverse wearables, or even a generative art or 3D NFT project of thousands or even millions of NFTS, this, and so much more can happen in a matter of minutes using Anmol's tools and DApps.

Media Details
Website URL: AscendAgency.com
Company Name: Ascend Agency
Email address: [email protected]
Country: USA

SOURCE: Anmol Network

Topic:
Company Update
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