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Writer's pictureMark S

Holograph Raises $3M to Expand Omnichain Gaming Ventures

Apr 29, 2024


Holograph, an omnichain tokenization protocol, has raised $3 million in a recent funding round led by Mechanism Capital and Selini Capital. This funding will support Holograph's expansion into the blockchain gaming sector, focusing on creating tokens that operate seamlessly across multiple Ethereum-compatible networks.


Project

Latest Raise

Latest Raise

Stage

Total Raise

Lead Investor

Category

Holograph

April 29, 2024

$3M

Venture Round

$5.4M

Mechanism Capital, Selini Capital

Gaming

Founded by industry veterans, Holograph aims to overcome the challenges associated with single-chain deployments. Their omnichain technology allows for the creation of Non-Fungible Token (NFT) assets that can adapt to various blockchains. This flexibility enables game developers to distribute assets across diverse chains, enhancing accessibility and usability.


Holograph's protocol supports multiple Ethereum Virtual Machine (EVM) chains, including Ethereum mainnet, Optimism, Arbitrum, Avalanche, BNB Chain, Base, Mantle, Zora, and Linea. To date, Holograph has minted over 10 million omnichain tokens, engaging approximately 1.5 million unique wallets.


About Holograph:


Holograph is an omnichain tokenization protocol enabling the minting of natively composable tokens that can operate across multiple blockchains. The platform facilitates the creation and distribution of assets, ensuring flexibility and interoperability. Holograph's technology is instrumental in advancing the blockchain gaming industry by providing solutions that enhance game distribution and accessibility.


Twitter Account: @holographxyz

Twitter Followers Today: 89,200

Twitter Followers 30 Days Ago: 61,310

Twitter Follower Change: 27,890 (+45%)



Investor Profile:

Investor: Mechanism Capital

Description: Mechanism Capital is an investment firm focused on cryptocurrency and blockchain projects. The firm aims to support innovative technologies that enhance interoperability and drive the next wave of blockchain adoption.

Location: United States


A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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