Mandala Chain Secures $1 Million in Pre-Seed Funding to Transform Emerging Markets
Mandala Chain's Latest Milestone
Denpasar, Bali / Indonesia – Mandala Chain, powered by Polkadot, has successfully closed its pre-seed funding round, securing $1 million. The funding round was led by Harbour Industrial Capital, with contributions from O-DE Capital, NLS Ventures, and partners from the Polkadot ecosystem.
Paving the Way for Web3 Adoption
This achievement marks a significant step toward Mandala Chain’s objective to onboard 100 million users into Web3 through innovative blockchain solutions. Mathew Paul, CEO of Mandala Chain Foundation, expressed gratitude for investor support, emphasizing the importance of making blockchain technology impactful in emerging markets.
Focus on Real-World Solutions
- This funding is expected to enable Mandala Chain to scale operations.
- Strategic partnerships will be formed to enhance market presence.
- The primary focus is on deploying real-world use cases in Indonesia.
CEO of Harbour Industrial Capital, Max Rebol, noted the importance of supporting projects that leverage Polkadot's technology for mass Web3 adoption.
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