Aura Network Raises $5 Million From Seed Round And Strategy

Aura Network – Vietnam blockchain startup receives attention from the international community of investors who have just successfully called $5 million from the seed round.

As of June 2022, the project has successfully raised $5 million in seed and strategic funding rounds. Starting from the seed investment round, Aura Network received the accompaniment of partners in the same field, such as Coin98, Impossible Finance, Kyber Network, GUILDFI, Avatar by Avalanche, and MEXC, TPX Ventures, and Redline Dao. The project also received trust and help from strategic partners such as Vanda Capital, Deo Network, OIG, Ahamove, Ecomobi, and Pencil Group.

In the strategic investment round, Aura Network continues to be supported by leading investment funds such as NGC Ventures, SNZ Holding, K300 Ventures, or Azdag, sharing a vision of Layer-1 Blockchain technology and NFTs. In particular, NGC Ventures is one of the world’s most significant Blockchain investment funds contributing to the success of platform, metaverse, and DeFi projects such as Solana, My Neighbor Alice and Coin98.

Aura Network focuses on developing and expanding NFT applications based on Cosmos SDK technology. The project aims to address two challenges in disseminating NFT to mass users. First, the platform creates an ecosystem that allows project owners and programmers to build decentralized applications (dApps) easily. The platform also integrates features that support the development of a wide variety of dApps such as GameFi, SocialFi, and DeFi on most chains, helping programmers quickly extend the project vertically and horizontally.

At the same time, Aura Network develops new utilities and applications for NFT to bring NFT closer to traditional users, especially enterprises oriented to applying Blockchain technology. The platform provides interface design and a simple operation flow setup, supporting users to create and trade NFTs, even those without experience with blockchain.

Established in November 2021, Aura Network has successfully launched two testnet networks, Serenity and Halo (dedicated to programmers). After continuous testing and development, this project is expected to launch the Staging version and the Mainnet official network. The project also plans to combine with the Impossible Finance platform to implement the Public Sale 2022 event in the second half of this year.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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