With Hashed’s investment, the most well-known crypto investment firm in South Korea, this is by far one of Aura Network's most significant fundraises. Over 80 projects from a variety of fields have been included in Hashed's investment portfolio over the past five years, including NFT brands like Axie Infinity and The Sandbox, blockchain networks like Cosmos and Klaytn, and DeFi protocols like MakerDAO.
Aura Network engaged notable blockchain projects in this fundraising round, including GuildFi, Istari Ventures, Republic Crypto, and additional angel investors. Additionally, strategic relationships with these partners and investors will provide guidance regarding the company's operations, product and business growth, marketing efforts, and other aspects.
The funds will be used to expand the ecosystem of Aura Network, which will include increasing the number of global Web3 projects and products built within the ecosystem. Aura Network's development team is currently building several new products in preparation for the Mainnet launch. In its 2023 roadmap, the timetable for these products' release will be announced shortly.
Aura Network will propel the widespread adoption of NFTs and rise to the top of the Web3 building block with the help of angel investors and partners.