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PoolTogether Games Protocol Closes Seed Extension Round Led By Key Industry Investors

Emily Mason

Summary: No-loss money games protocol, PoolTogether, has closed a seed extension round led by ParaFi Capital with participation from Nascent, Robot Ventures, MetaCartel, The LAO and Houbi DeFi Labs. The PoolTogether team plans to use the funding to further decentralize the protocol. In the first 8 weeks the protocol has awarded over $38,000 in savings prizes to over ...

No-loss money games protocol, PoolTogether, has closed a seed extension round led by ParaFi Capital with participation from Nascent, Robot Ventures, MetaCartel, The LAO and Houbi DeFi Labs.

The PoolTogether team plans to use the funding to further decentralize the protocol. In the first 8 weeks the protocol has awarded over $38,000 in savings prizes to over 3000 unique depositors. The first community governance votes have been among the most highly engaged votes of any protocol on Ethereum, according to the announcement.

By Emily Mason

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