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Writer's pictureMark S

Pakt Successfully Concludes $750,000 Pre-Seed Funding Round

May 29, 2024


Pakt, the innovative ‘Blockchain Business Stack,’ recently concluded its pre-seed funding round. The investment came from the Avalanche Foundation, Chorus One Ventures, 4Ward, and a group of strategic angels, including Benqi’s co-founders Brian Johnson (Republic Crypto) and Anthony Scaramucci (Skybridge Capital).


Project

Latest Raise

Latest Raise Date

Stage

Total Raise

Lead Investor

Category

PAKT

$750K

May 29, 2024

Pre-Seed

$750K


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Pakt’s offerings include a ‘WordPress for Web3’ marketplace, auto-scaling DevOps, and a Command Center dashboard for launching and managing ‘Chainsites’—websites and web apps powered by blockchain’s trusted value layer. The decision to build on Avalanche’s ‘red triangle chain’ was influenced by its subnet architecture and other compelling factors.


About Pakt

Pakt is an innovative “Blockchain Business Stack” that empowers enterprises and entrepreneurs in the Web3 space. Pakt introduces the concept of Chainsites, which are websites supercharged by blockchainified trust. These Chainsites serve as the building blocks for a new generation of online experiences. Whether it’s an on-chain marketplace, a social playground, or a content expression site, Pakt allows users to mix and match Web3 components created by the Pakt community. Imagine launching your own Chainsite in minutes, seamlessly integrating features like smart contracts and dynamic profiles




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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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