On July 24th, the Web3 insuranceoptions and other derivatives project, Marquee, successfully completed a seed round funding of $1 million,with joint investments from Cryptogram Venture (CGV) 、Chain Capital、Waterdrip Capital、Bitrise Capital、ZC Capital、Coinw Ventures.

Marquee is a Web3 insurance project where users can purchase token price insurance or smart contract insurance to hedge against digital asset price fluctuations or security vulnerabilities. Users earn multiple rewards by being insurance underwriters

Marquee is committed to decentralization, utilizing a combination of DAO governance and smart contracts to create a DeFi insurance options, and other derivatives platform, which is accessible to everyone.

Marquee Co-Founder Dr. Joe (to be confirmed) stated, “We are delighted to receive support from globally recognized investors in the crypto and Web3 space, including CGV. We share a common vision and great enthusiasm for building the next generation of decentralized financial applications and ecosystems. CGV’s cutting-edge research in the crypto and Web3 industry, along with its diverse collaborations in Japan, Asia, and North America, will help Marquee achieve its goals more effectively.”

Next stepMarquee will accelerate its technological development and market promotion to provide more groundbreaking and innovative product solutions. The aim is to pioneer innovative developments in the insuranceoptions, and other derivatives market, enabling a new era of creative growth.

Join Us:
https://marquee.fi/
https://twitter.com/Marquee_fi
https://t.me/MarqueeGroup

This press release was originally published on this site

You May Also Like

BitUtility Launches Peacock NFT to Unlock Zero-Fee Crypto Payments Worldwide

BitUtility has officially launched its initial utility NFT, labeled “Peacock.” The team proposes…

Stackd Finance Announces AVS – An Innovative Security Utility

Sydney, Australia, 3rd June, 2022, Chainwire In order to benefit the whole…

Fourtis Surpasses 10,000+ Token Listings, Cementing Its Status as the World’s Leading Crypto Listing Platform

In a major milestone for the crypto ecosystem, Fourtis — the rapidly emerging all-in-one…

Intelligent Behavior Economy: How MRC Metaverse Robot is Creating the Next-Generation Metaverse Economic Model

Global metaverse technology innovator MRC today unveiled its revolutionary Robot Service Proof…

DMOS Revolutionizes Decentralized Computing Landscape with Groundbreaking Cloud Operating System

The DMOS (Demeter Cloud Operating System) project, led by Power Meta Corp’s…

ClustroAI Introduces Revolutionary Edge AI Solution, Secures $12 Million in Funding

ClustroAI, an emerging innovator in edge AI technology, has announced the successful…

Wemade’s Night Crows Achieves Record-Breaking $10 Million In Global Sales Within Three Days Of Launch

Over a million pre-registration sign-ups Among the top 10 free new RPG…

CULTURE PULSE LAUNCHES TO BRIDGE PHYSICAL COLLECTIBLES WITH AUTHENTICATED NFTS IN THE METAVERSE

Culture Pulse is taking the NFT (non-fungible token) marketplace to the next…

BitMart and Chamcha Build Strategic Partnership to Promote the Future of the Ordinals Ecosystem Together

BitMart, the premier global digital asset trading platform, and Chamcha Ordinals, an…

$LABRA Emerges as a Memecoin, Paving the Way All-in-One Multi-Chain DEX.

In the crypto realm, Labrador unveils $LABRA, a loyal crypto companion on…