Earn Network Raises $2.7M in Seed Round Funding to Further Develop the Marketplace for Liquid Investments
The Earn Network, a community driven marketplace for liquid investments, is happy to announce the successful completion of its seed funding round that raised $2.7 million from VCs and angel investors.
The Earn Network, a community-driven marketplace for liquid investments, is happy to announce the successful completion of its seed funding round that raised $2.7 million from VCs and angel investors.
The round was led by Shima Capital with additional participation from DFG, Jsquare, LD Capital, Cronos Labs, GTS Ventures, Bixin Ventures, ViaBTC Capital, Mars DAO, and Mirana Ventures.
Notably, the new funding will be used to further develop new product categories on Earn Network’s marketplace. The Earn Network has already developed DeFi Staking and soon will be adding three more categories: Lending, Liquid Staking, and Native Restaking. In addition, the funding will also help the platform hire more professionals to join its team of experts, grow the community, and establish new relationships with more base layers and projects.
The Earn Network claims that existing centralized and traditional investment platforms are unable to harness the substantial value that arises from the DeFi ecosystem and its wider landscape. As a result, billions of dollars in potential investment opportunities and economic growth remain untapped, limiting the potential benefits for investors and hindering the overall development of the global economy.
The Earn Network solves this by providing a "no-code" solution, where any individual can leverage secure and audited templates to create their custom financial products, like staking or borrowing pools. No more hidden fees, middlemen, or tedious processes. A fully self-custodial, peer-to-peer platform allows both parties to freely transact. The user-friendly interface opens the door to any investor that is ready to explore new yield-bearing opportunities.
Bartek Pozniak, CEO of the Earn Network said:
“Our goal is to onboard millions to generate billions in the greater DeFi economy. We’ve set an ambitious goal to create a leading financial marketplace that’s ready for tomorrow. We want to create a renowned and user-friendly investment platform that gives equal opportunities to every participant worldwide.”
The project was founded in early 2022 and run by a team of nine individuals who are at the top of their fields. The Earn Network reaches over 150,000 users through its own native platform and affiliated yield earning sites, including MyCointainer.com. A few prominent projects such as Avalanche, Decimal, or Cronos are already collaborating with the Earn Network to deliver new use cases for crypto communities.
About Earn Network
The Earn Network is a community-driven marketplace for liquid investments. The platform provides a "no-code" solution, allowing individuals to create custom financial products such as staking and borrowing pools using secure and audited templates. With a user-friendly interface and a fully self-custodial, peer-to-peer platform, the Earn Network removes multiple entry barriers, empowering investors to freely transact and explore new yield-bearing opportunities. Their goal is to onboard millions of users and generate billions in economic output within the DeFi ecosystem, fostering a renowned and user-friendly investment platform accessible worldwide.
To try out the Earn Platform simply visit www.earn.network. You can access it via desktop or try the mobile version. At all times you’re 100% in charge of your funds and interest is paid directly to your wallet.
For inquiries contact: Bartek Pozniak, [email protected]