Decentralized information market Freatic announced it has raised $3.6 million in a seed funding round led by <a target="_blank" href="https://tokeninsight.com/en/capitals/a16z-andreessen-horowitz">a16z</a> Crypto, with participation from Anagram, Archetype, Not3Lau Capital, Robot Ventures, Arweave, and others.
Freatic aims to use cryptography and game theory to build a decentralized ecosystem for information exchange to expand the propagation of information, connecting valuable information with people capable of capitalizing on the information.
The funds raised will be used to construct building blocks for trustless exchanges while accelerating the flow of information. The team is operating two projects, Alpha Factory, a project curation platform on Polygon, and Capture The Alpha, an on-chain reputation system on Arbitrum.
<img src="https://s2.tokeninsight.com/static/calendar/img20230921110418cf7fdacf-9f26-402f-8121-85d8c8092c2b.jpg">
Stay updated with the most important <a target="_blank" href="https://tokeninsight.com/en/news">cryptocurrency news</a> and valuable insights, conveniently delivered to your email every day. <a rel="noopener noreferrer nofollow" target="_blank" href="https://mailchi.mp/tokeninsight/newsletter">Subscribe to the TokenInsight mailing list now!</a>
Prefer social media? Follow us on <a rel="noopener noreferrer nofollow" target="_blank" href="https://twitter.com/tokeninsight">Twitter</a>, or subscribe to our <a rel="noopener noreferrer nofollow" target="_blank" href="https://t.me/TokenInsightchannel">Telegram channel!</a>
If you have news reports or announcements that you want to reach a wider audience, feel free to email us at <a href="mailto:news@tokeninsight.com">news@tokeninsight.com</a>

Decentralized Information Market Freatic Raises $3.6M Led by a16z Crypto

TokenInsight

Other articles published on Sep 21, 2023

Scroll’s Zero-Knowledge Ethereum Virtual Machine Set to Revolutionize Blockchain Scaling

Shiba Inu: SHIB Could Easily Reach $0.01 if This Happens

GitHub Copilot Introduces Copilot Chat, the AI-powered Coding Companion.

Galaxy Digital Partners with Ripple for European Expansion

Worldcoin price prediction 2024 – 2030: How high will WLD go?

Tether Group denies stake size in Northern Data investment

Join our free newsletter for daily crypto updates!