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Ethereum-based Project EthSign Raised $650,000 in a Seed Round

Amy Liu

Summary: The e-signing decentralized application EthSign announced today that it raised $650,000 in a seed round in June led by early-stage venture capital firm Draper Associates, with backing from blockchain investors including Hashkey Capital and ImToken Ventures. The EthSign team plans to use the new funding to grow its 10-person team by hiring more developers and ...

The e-signing decentralized application EthSign announced today that it raised $650,000 in a seed round in June led by early-stage venture capital firm Draper Associates, with backing from blockchain investors including Hashkey Capital and ImToken Ventures. The EthSign team plans to use the new funding to grow its 10-person team by hiring more developers and legal consultants, as well as partner with other organizations in the marketplace. 

EthSign is built with Web3 technology and uses decentralized identifiers (DIDs), storage, and smart contracts to provide the same functionality as a Web2 application, but on the Ethereum blockchain. 

By Amy Liu

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