XBorg Community Raises Nearly $2M in Seed
Summary
XBorg announces a community-driven fundraising milestone, nearly $2M raised in a bear market and a treasury now at about $2.6M with the private seed round closed. The update covers plans to scale tech infrastructure, onboard top esports teams, validate transactions for one week, and upcoming snapshot. This matters because it advances XBorgs vision for digital identity and fan ownership.
And that's a wrap!
In an awe-inspiring display of community power, we have achieved something truly extraordinary. With our combined efforts, we have raised an astonishing amount, nearing about $2 million, in a bear market. I repeat, in a bear market. The Prometheus & SwissBorg community has demonstrated an unwavering commitment and passion that has left me and the team absolutely astounded.
But the story doesn't end there. With our treasury now standing at about $2.6 million and the private seed round being closed, we have the means to expand our tech infrastructure and scale the onboarding of the top esports teams and entertainment structure.
This remarkable achievement brings us one step closer to realizing our vision of digital identity and fan ownership, all made possible by our credential and application network.
I want to extend my heartfelt congratulations to the entire team who poured their heart and soul into making this grand success a reality. The path to raising funds in a seed round alongside the community is no easy feat, demanding an incredible amount of time and dedication from our team and partners. The story behind the scenes is even more captivating than the final outcome itself.
Now, it is our responsibility to harness the value entrusted to us by the community and transform it into something even greater. We are in our greatest position today to deliver great value to players around the world and empower them.
To those that contributed to the sale, we are giving ourselves one week to validate all transactions. Also, a snapshot is coming. Don't fade.
https://www.loom.com/share/17644c677e1b44678e671b33ad639c2c
Screenshot - 31 May 2023
