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Moonbeam Raises $ 6 Million Ahead Of Parachain Launch On Polkadot
PureStake, the company behind the Moonbeam and Moonriver networks, two parachain candidates for Polkadot and Kusama, respectively, announced a successful $ 6M raise. The funding round was led by CoinFund and included members such as Binance Labs, ParaFi, Coinbase Ventures, Fenbushi Capital, IOSG Ventures + Hypersphere Ventures, Hashkey, Arrington XRP, A195, KR1, D1 Ventures, Mechanism Capital, Divergence Ventures and Signum Capital. Moonbeam plans to launch in Q3 2021. The parachain auction process will first take place in Kusama, where Moonbeam is launching a subsidiary network called Moonriver ($ RIVER), and auctions on the main Polkadot network are expected shortly thereafter.
Continued here: https://www.publish0x.com/dimonbuton/moonbeam-network-top-project-in-the-polkadot-ecosystem-xoolrgy
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