Koinos Group Raises $500K Seed Round to Develop dApp Platform

• Koinos Group announced a $500K seed round led by Blockchain Founders Fund, with blockchain gaming platform Splinterlands participating.
• The Koinos Group will use the funds to develop Koinos Pro, a subscription product that allows developers to release highly scalable decentralised applications (dApps).
• Koinos Pro is a software that will help completely remove entry barriers for developers to create dApps.

The Koinos Group, the developers of the free-to-use blockchain Koinos, have recently announced a $500,000 seed round led by the Blockchain Founders Fund, with blockchain gaming platform Splinterlands participating. The Koinos Group will use the funds to develop Koinos Pro, a subscription product that allows developers to release highly scalable decentralised applications (dApps).

Koinos Pro is a software that aims to completely remove entry barriers for developers to create dApps. It will enable developers to easily build and deploy their applications with minimal effort and cost, while also providing them with a range of tools and services to help them create the best product possible. The software will also provide developers with access to a library of pre-built modules, allowing them to quickly and easily create dApps.

The Koinos Group will also use the funds to create a community of developers and users, allowing developers to collaborate with each other and share best practices. This will enable developers to create dApps quickly and efficiently, freeing up their time to focus on creating the best product possible.

The Koinos Group CEO, Andrew Levine, believes that the Blockchain Founders Fund is demonstrating leadership in the blockchain space by committing funds to a company whose entire business model is based on supporting a truly decentralised platform, rather than a platform that is decentralised in name only.

This news is a significant step forward for the Koinos Group, as it demonstrates the trust and confidence that investors have in their project. This funding will enable the Koinos Group to continue to develop their product and bring it to market, allowing developers to easily create dApps and unlocking the potential of the blockchain technology.