Key takeaways:
- Web3Intelligence raised $4.5 million for its Dopamine Web3 investing app, with DAO MAKER, Shima Capital, and Gate.io investing.
- The upcoming release of the DOPE cryptocurrency by Web3Intelligence is expected to further boost the app’s adoption.
- Since its 2021 launch, Web3Intelligence’s Dopamine app has achieved over 3.5 million downloads and distributed over 200,000 NFTs.
Web3 startup to boost the utility of its trading platform with a token launch
Web3Intelligence, the company that created the Dopamine Web3 investing app, has raised $4.5 million in capital prior to the introduction of its native cryptocurrency, DOPE.
Prominent investors, including DAO MAKER, Shima Capital, and Gate.io, participated in the private investment round. Christoph Zaknun, CEO & Founder of DAO Maker, emphasized the critical role that Web3Intelligence plays in improving the ecosystem.
Web3Intelligence has grown quickly since its 2021 launch, with over 3.5 million lifetime downloads and over 200,000 distributed NFTs. It is anticipated that the much-awaited release of the DOPE token will increase platform adoption rates even more as customers search the DeFi space for more compatible solutions.
In addition, Zaknun emphasized the importance of Web3Intelligence throughout the occasion as it aims to become a significant player in decentralized finance (DeFi). The Dopamine-related utility cryptocurrency, DOPE, will grant users access to an entertaining gamified investing environment. The token is scheduled to go live on major decentralized and centralized markets in Q1.
The anti-money laundering (AML) infrastructure of Web3Intelligence will become more accessible to institutions holding DOPE. It now evaluates Web3 wallets for compliance and expresses this information on-chain as non-fungible tokens (NFTs).
The goal of Web3Intelligence is to provide AML data to institutions so that their clients can feel secure knowing that they are adhering to the same compliance rules as those in traditional finance. In order to provide institutions’ clients confidence that they are following the same compliance guidelines as traditional finance, this project seeks to supply AML data to them.
“By aggregating and standardizing AML information, we can offer a comprehensive view of web3 wallets that meets the compliance expectations of officers and provides users with a holistic understanding of their digital asset portfolios.” – Karim Chaib, the CEO of Web3Intelligence