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Hashed Leads Dapp.com in Raising $1 Million in Pre-A Investment Round

Dapp.com is the leading blockchain-based application and on-chain analysis platform. Offering a suite of metrics, market reports, and data insights into 7 different smart contracts platforms, Dapp.com is on the bleeding-edge of an emerging market for decentralized applications.

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HASHED is a global accelerator, standing at the forefront of decentralized network development. Led by five serial entrepreneurs and engineers, aims to expedite the global adoption of the protocol economy through value participation, community building, and industry acumen.

Dapp announced that:

We received our $1 million Pre-A Investment Round, from multiple investors, led by Hashed, the largest crypto assets fund in South Korea, and was accompanied by Du Capital and other investors.

Simon Kim, CEO of Hashed comments on the investment: “Unlike traditional App Store, blockchain application ecosystem needs a marketplace with a new philosophy where value is created with the smallest platform fee, objective on-chain data analysis with a fair ranking system and community’s engagements. It is an honor to participate as a strategic investor in Dapp.com, which is the fastest-growing company in this market.”

The new investment news comes right after their recent announcement of the integration with Klatyn as the 7th smart contracts blockchain network included in its metrics suite. Klaytn is the blockchain platform from Kakao and pushes Dapp.com’s lead in dapp distribution and analysis for smart contracts networks ahead of industry competition even further.

“These funds will be used to help Dapp.com boost our user base and revenue by expanding to new markets (especially Korea), as well as to drive growth through opportunities unlocked by the new resources injection,” details Dapp.com Founder and CEO, Kyle Lu. “We have the world’s largest collection of data on blockchain-based applications, and offer comprehensive data to media, VCs, and other institutions — we are positioning ourselves as the App Annie of dapps.”

The finalization of the funding round is another major step forward for Dapp.com, and serves as a timely boost for the platform’s critical growth stages as the dapp industry continues to blossom.

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