June 19, 2021

dCommerce solution Boson protects additional investment of $3M

3 min read

CryptoNinjas” dCommerce service Boson secures additional investment of $3M

Boson Protocol, a project using clever agreements to power real-world commerce, has actually revealed the conclusion of its SAFT (Simple Agreement for Future Tokens) round, having raised an extra $3 million USD. A SAFT is a financial investment contract offered to accredited investors that sees them exchange cash for tokens which may later be utilized or traded when the procedure ends up being fully functional.

With the investment, the Boson team also announced the production of 15 brand-new roles throughout its product, operations, and technology teams.

Boson Protocol

Concentrated on enabling autonomous decentralized commerce ‘‘ dCommerce’, Boson Protocol is establishing the facilities to link smart contracts with real-world commerce and its data. As soon as live, Boson’s option will make it possible for users to tie digital assets to real-world items, helping with the frictionless exchange of digital and physical product or services.

Fundraise Plans

This fundraising round has allowed Boson Protocol to even more build out their token engineering and community development groups, with the addition of Dr. Akaki Mamageishvili (Advisor), a qualified algorithmic video game theorist; Marina Markezic (Governance Lead), who has actually operated in the blockchain industry because 2017, Sebnem Rusitschka (Ecosystem Architect) who has actually designed courses for the Token Engineering Academy; and Shawn Anderson (Token Engineer), a computing researcher and network thinker with an entrepreneurial frame of mind and an enthusiasm for utilizing emerging tools.

In addition to their core team, Boson Protocol is supported by industry-leading consultants, consisting of Dr. Trent McConaghy, founder of Ocean Protocol, Dr. Michael Zargham, creator of Blockscience, Jordan Lyall, Product Lead for DeFi at Consensys and Jamie Burke, Founder & & CEO of Outlier Ventures.

Justin Banon, Co-Founder of Boson”We are delighted to be in a position to make this announcement today. The success of our recent SAFT rounds are testament to the scale of the chance at hand. Our vision is to allow a decentralized commerce community which is resistant to capture and which supports a swarm of expert applications to disrupt, unbundle and democratize commerce. We’re thrilled to invite new members of the Boson Protocol group as we work together to improve the future of commerce.”
– – Justin Banon, Co-Founder of Boson Protocol

Boson Protocol will start hiring right away for the new positions. In addition to a variety of software application engineering functions, the company is also seeking a Tech Lead, and Marketing and Community Managers. Funds raised in the SAFT round will be used to finance these roles and the continued growth of Boson’s international team, as well as the continuous development of its very first working model, which is because of be revealed in the coming months.

Today’s announcement follows the recent news that Boson Protocol raised $350,000 USD in an early SAFE (Simple Agreement For Equity) round which took place in September in 2015 and saw involvement from a number of notable investors, consisting of eight partners from venture capital firm Outlier Ventures as well as Trent McConaghy, Founder of Ocean Protocol, and Po Tang, a previous CFO of Priority Pass Asia.

The successful conclusion of the SAFT rounds brings the overall quantity raised by Boston to $3.5 million to date. Boson Protocol is arranged to hold a public token sale later in the year.

CryptoNinjas” dCommerce option Boson protects additional investment of $3M