• Latest
  • Trending
  • All
  • News
Elrond Foundation, Mechanism Capital, and others invest in Itheum as it nears launch

Elrond Foundation, Mechanism Capital, and others invest in Itheum as it nears launch

March 17, 2022
The 2 Reasons Mortgage Rates are at All-Time Highs (one not so obvious)

The 2 Reasons Mortgage Rates are at All-Time Highs (one not so obvious)

October 3, 2023
‘Beware’: Tom Hanks Warns of AI Danger After Advertisement Uses His Likeness Without Permission

‘Beware’: Tom Hanks Warns of AI Danger After Advertisement Uses His Likeness Without Permission

October 3, 2023
Mastering Student Loan Refinancing Success

Mastering Student Loan Refinancing Success

October 3, 2023
What is Solana Coin? FAQs for Business Owners

What is Solana Coin? FAQs for Business Owners

October 3, 2023

Martech is automating its way into a talent crisis

October 3, 2023
Data lessons from a successful Taylor Swift exhibit

Data lessons from a successful Taylor Swift exhibit

October 3, 2023

How experimental marketers can drive martech utilization

October 3, 2023
What is Partnership Marketing for Small Business?

What is Partnership Marketing for Small Business?

October 3, 2023

What is Solana Coin? FAQs for Business Owners

October 3, 2023
Bitcoin’s Historic 184 Billion Bug: Unearthing Satoshi’s Swift Response

Bitcoin’s Historic 184 Billion Bug: Unearthing Satoshi’s Swift Response

October 3, 2023
Satoshi Drama: Craig Wright’s Closest Ally Considers Backing Out

Satoshi Drama: Craig Wright’s Closest Ally Considers Backing Out

October 3, 2023

FTX Heist Redux: Stolen Ether Moves In Mystery Amidst CEO’s Trial

October 3, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, October 3, 2023
  • Login
WallStreetReview
  • Home
  • News
  • Contact WSR
No Result
View All Result
WallStreetReview
No Result
View All Result
Home News

Elrond Foundation, Mechanism Capital, and others invest in Itheum as it nears launch

by Editor
March 17, 2022
in News
0
Elrond Foundation, Mechanism Capital, and others invest in Itheum as it nears launch
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

After receiving $1.5 from Morningstar Ventures which incubated Itheum via their Elrond Dubai Incubator, Itheum has received more funding as it gears for launch. This time around, the funds came from Elrond Foundation, Mechanism Capital, Ascensive Assets, Woodstock, Skynet EGLD Capital, ZBS Capital, MHC Digital Finance, and Spark Digital Finance.

Itheum continues to cause a storm within the crypto world with its data brokerage project for Web3 development. The project has attracted the attention of several prominent VCs and investors who have dedicated funds for the project.

The new investments come right on the heels of Itheum’s partnership with Elrond as it sought to become part of the ecosystem via the Majar Launchpad.

Founder of Itheum, Mark Paul, commented on the news of the new investments saying:

“It’s been an exciting few months for Itheum, with our web3 data technology establishing a unique value proposition for a decentralized, open metaverse. In a time when the world is concerned about data centralization and data exploitation, Itheum provides a much-needed opportunity for change – a vision that is shared by our amazing investors with whom we are glad to now share this journey.”

Itheum has raised over $4 million

Following the additional funds, Itheum has now raised $4 million, which shall allow the team behind the project to come up with better ways of how personal data can be owned and traded in the metaverse.

Itheum seeks to let users use their personal data as assets with the help of Elrond’s internet-scale blockchain technology to establish ‘soulbound’ data avatars to use in the metaverse. Allowing users to add a metadata layer to their metaverse avatars enhances the personal Web3 experience while unlocking a revenue stream for the users from the metaverse.

Read More

Share196Tweet123
Editor

Editor

  • Trending
  • Comments
  • Latest
TikTok Shop Introduces Shoppable Videos for Small Businesses

TikTok Shop Introduces Shoppable Videos for Small Businesses

September 24, 2023
Trudeau Invokes Rare Emergency Powers To Shut Down ‘Freedom Convoy’ Blockades

Trudeau Invokes Rare Emergency Powers To Shut Down ‘Freedom Convoy’ Blockades

February 15, 2022
Canada’s OSC Flags Tweets From Coinbase, Kraken CEOs

Canada’s OSC Flags Tweets From Coinbase, Kraken CEOs

February 22, 2022
Scholz to warn Putin of western resolve on Ukraine

Scholz to warn Putin of western resolve on Ukraine

0
Waning stockpiles drive widespread global commodity crunch

Waning stockpiles drive widespread global commodity crunch

0
FT Global MBA Ranking 2022: US business schools dominate

FT Global MBA Ranking 2022: US business schools dominate

0
The 2 Reasons Mortgage Rates are at All-Time Highs (one not so obvious)

The 2 Reasons Mortgage Rates are at All-Time Highs (one not so obvious)

October 3, 2023
‘Beware’: Tom Hanks Warns of AI Danger After Advertisement Uses His Likeness Without Permission

‘Beware’: Tom Hanks Warns of AI Danger After Advertisement Uses His Likeness Without Permission

October 3, 2023
Mastering Student Loan Refinancing Success

Mastering Student Loan Refinancing Success

October 3, 2023
WallStreetReview

Copyright © 1999-2023. WallStreetReview.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News

Copyright © 1999-2023. WallStreetReview.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Don't miss the

NEWSLETTER

Exclusive editorial

Breaking News

Quality Company Coverage

Expert Writers

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

WallStreetReview will use the information you provide on this form to be in touch with you and to provide updates and marketing.