- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Meme Coin Launchpad Printr Completes $2.5M Pre-Seed Funding Round, Backed by Axelar Foundation
Source: Printr
Key Highlights:
· Printr allows users to mint and trade meme coins on multiple blockchains.
· The company plans to use this seed round funding to expand team size, enhance product features, etc.
Chain-agnostic token marketplace platform Printr raised $2.5 million in its first funding round, as announced:
Entities such as Sfermion, Draper Dragon, Bitscale, Hermeneutic, Sui Foundation, Axelar Foundation, and Flow Foundation participated in this funding round, making it the total funding amount the company has received to date.
Printr achieves unified liquidity through the cross-chain interoperability platform Axelar, enabling users to mint meme coins on multiple blockchains such as Ethereum, Solana, Sui, BNB Chain, and Base. The company plans to utilize this seed round funding to expand team size, enhance product features, etc.
Printr's founder and CEO, MasterPrintr, stated in an interview with The Block, "This funding will support Printr in building the first chain-agnostic token issuance platform, allowing anyone to easily create tokens on any single or multi-chain environment. We firmly believe that tokens are at the core of the crypto space's value. Printr is committed to making it easier for the public to engage with and participate in the crypto world."
Over the past year, the issuance of meme coins has surged, with platforms like Pump.fun greatly simplifying and accelerating the token issuance process. According to The Block, the Solana blockchain has become a primary platform for meme coin issuance, with its network TVL skyrocketing over 600% in the past 12 months.
This article is contributed content and does not represent the views of BlockBeats
You may also like
Kyle Samani's Exit Scam, Is There More to the Story?
February 10th Market Key Intelligence, How Much Did You Miss?
Tokenomics New Paradigm? When Backpack Starts Enabling VCs to "Deferred Gratification"
BankrCoin Achieves New Milestones as YZi Labs and ETH Investors Make Significant Moves
Key Takeaways BankrCoin (BNKR) hit a new all-time high with significant market activity. YZi Labs executed a major…
Bitcoin Tests $75K Amid Market Predictions
Key Takeaways Bitcoin shows a 47% chance to test the $75,000 mark this February, contrasting with a potential…
MrBeast Acquires Step to Enhance Financial Offerings for Youth
Key Takeaways YouTube star MrBeast has acquired the financial services platform Step through Beast Industries. The acquisition aims…
Polymarket Predicts Bitcoin Uptrend as MrBeast Ventures into Fintech
Key Takeaways Bitcoin’s Potential Surge: Polymarket denotes a fluctuating probability of Bitcoin achieving $75,000 in February, reflecting volatile…
MrBeast Enters Financial Services with Step Acquisition
Key Takeaways Binance announced an Alpha Airdrop event, highlighting the growing trend of gamified airdrops. Bitcoin prediction markets…
Analysts Predict Bitcoin May Fall to $55K as Support Levels Threaten
Key Takeaways Analysts suggest a potential drop of Bitcoin to $55K if current support levels are breached. Galaxy…
Analysts Predict Bitcoin May Drop to $55K Amid Support Challenges
Key Takeaways Experts caution that Bitcoin could fall to $55,000 if current support levels are breached. The market…
Bitcoin May Decline to $55K: Analysts Warn
Key Takeaways Analysts project Bitcoin could drop to $55,000 if key support levels fail. Technical analysts forecast that…
YZI Labs Transfers Massive ID Tokens to Binance as BNKR Hits New High
Key Takeaways BNKR, a digital currency, has achieved its highest-priced milestone of $0.295 CAD as of January 26,…
MrBeast Acquires Step, Expanding Influence in Teen Finance Market
Key Takeaways MrBeast has acquired the financial services app Step, which caters specifically to Gen Z users. Step…
Analysts Predict Bitcoin’s Critical Support Level May Trigger Decline
Key Takeaways Experts indicate a crucial moment for Bitcoin, with potential price drop to $55,000 if support fails.…
Michael Saylor Faces Bitcoin Valuation Challenges: Impact on the Crypto Market
Key Takeaways Michael Saylor’s Bitcoin investment is currently valued at $55 billion, but recent market trends have seen…
MrBeast Acquires Step FinTech App in Strategic Move
Key Takeaways MrBeast’s company, Beast Industries, has announced the acquisition of Step, a fintech app focused on Gen…
Bitcoin’s Potential Surge Sparks Debate Among Investors
Key Takeaways The probability that Bitcoin will reach $75,000 in February fluctuates as predicted by Polymarket. Bitcoin recently…
Analysts Predict Bitcoin’s Potential Plunge to $55K
Key Takeaways Analysts warn of a possible drop to $55K if Bitcoin’s current support breaks. 10X Research and…
Kyle Samani's Exit Scam, Is There More to the Story?
February 10th Market Key Intelligence, How Much Did You Miss?
Tokenomics New Paradigm? When Backpack Starts Enabling VCs to "Deferred Gratification"
BankrCoin Achieves New Milestones as YZi Labs and ETH Investors Make Significant Moves
Key Takeaways BankrCoin (BNKR) hit a new all-time high with significant market activity. YZi Labs executed a major…
Bitcoin Tests $75K Amid Market Predictions
Key Takeaways Bitcoin shows a 47% chance to test the $75,000 mark this February, contrasting with a potential…
MrBeast Acquires Step to Enhance Financial Offerings for Youth
Key Takeaways YouTube star MrBeast has acquired the financial services platform Step through Beast Industries. The acquisition aims…
App