EtherMail raises $4 million in pre-A round to accelerate launch of innovative solutions
It is reported that EtherMail, the Web3 e-mail solution, completed the pre-A round of financing of US $4 million, which was led by Draper Associates and partici
It is reported that EtherMail, the Web3 e-mail solution, completed the pre-A round of financing of US $4 million, which was led by Draper Associates and participated by MS&AD Ventures. The company said in a press release that Tim Draper would also join the advisory board of the start-up company. The fund will be used to promote recruitment and market expansion, and it is also committed to accelerating the launch of its single sign-on solution and advertising market solution.
Web3 e-mail solution EtherMail received $4 million in financing
Analysis based on this information:
EtherMail, the innovative Web3 e-mail solution, has managed to secure a pre-A round of financing worth $4 million, which was led by Draper Associates and participated by MS&AD Ventures. The aim of the fundraising is to accelerate the launch of the company’s new solutions, including the single sign-on and advertising market. The company’s success in securing the funding underscores the investor’s confidence in EtherMail’s ability to provide better email solutions.
According to a press release by the company, the funding would be utilized for recruitment purposes and market expansion strategies. The newly appointed advisory board member, Tim Draper, is an experienced venture capitalist who has supported many innovative and emerging technologies in the past. Draper’s involvement in EtherMail’s advisory board is a significant endorsement of the company’s potential in the market.
EtherMail’s email solution is unique, offering advanced privacy features, including end-to-end encryption and self-sovereign identity management that democratize ownership of personal data. Unlike traditional email systems, EtherMail is based on the emerging technology, Web3, enabling users to own and control their stored data, collaborate securely, and access decentralized services through its portal.
Additionally, the Web3 startup aims to solve the persistent problems of password management through its single sign-on solution. It will allow users to log in to multiple online accounts using a single identity key, which also enhances security, privacy, and control of personal data.
Lastly, the advertising market solution proposed by EtherMail is a new value exchange model between advertisers, users, and content creators, based on the principles of decentralization, transparency, and autonomy. It aims to address the issues of user data exploitation, fake news, and privacy-invasive advertising practices that persist in existing online platforms.
In conclusion, EtherMail’s successful fundraising round highlights the growing importance and potential of Web3 technologies, which could revolutionize the online industry and digital services. With innovative solutions like single sign-on and advertising market solutions, EtherMail is well-positioned to challenge the incumbents and provide a more secure, private, and decentralized email and messaging solution for individuals and businesses alike.
This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/03/08/ethermail-raises-4-million-in-pre-a-round-to-accelerate-launch-of-innovative-solutions/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Pancake Swap V3 To Enhance the Decentralized Trading Experience
According to reports, the decentralized trading platform Pancake Swap announced that it will launch the V3 version on April 3. As previously reported, Pancake S
-
What is a distributed fund (what is a distributed fund)
What is a distributed fund? In the traditional financial field, fund management is the most basic source of income for investment institutions. The blockchain technology can effectively solve this problem and realize the implementation of application scenarios such as Securitization and trading, digital currency exchanges, and distributed capital So how do you understand distributed funds After rigorous screening of fund managers and investors, a conclusion can be drawn: What is a distributed fund Simply put, it means investing all funds into a separate investment portfolio and building a decentralized and programmable investment tool based on it to better control risks; On the other hand, these resources can also be utilized to create more transparent products or services, thereby reducing costs Currently, there are some so-called distributed fund projects on the market, but there are also some that are quite unique. They mainly involve two aspects: one is a token or equity based decentralized investment fund (sETF) issued by a company,…
-
According to Reports, Justin Sun and Tron Foundation Sued by SEC for Fraud and Market Manipulation
According to reports, according to court documents in the United States, the Securities and Exchange Commission of the United States has formally sued Justin Su
-
Bitcoin Supply Active Over Three Years Reached Record High
According to reports, data shows that the percentage of Bitcoin supply that has been active for more than three years recently has just reached 39.662%, a recor
-
What is Blockchain Bifurcation Technology (Blockchain Bifurcation)
What is blockchain forking technology? What is blockchain forking technology? What consequences will it lead to, and what impact will it have on the future of the technology? This article will introduce from three aspects What is Blockchain Distribution Technology first? Simply put, it means modifying the code of blockchain into a new form – “blocks”. “Bitcoin Cash Cash” is a new form of currency. Its goal is to make Bitcoin the first decentralized and unchangeable electronic currency and a completely different digital asset in the world. This new Cryptocurrency is supported by a single entity: Ethereum Foundation, BinanceSmartChain, or Litecoin Network. Over the past few months, these two tokens have been greatly developed over time: “Bitcoin Cash Cash”, “Litecoin”, “Bitcoin Cash Cash” and other projects have achieved this goal. ” Although most blockchain companies currently focus on creating their own blockchain systems, these solutions are usually not suitable for the development or operation of existing systems. Therefore, they hope…
-
A “Smart Money” Sells 100 Billion PEPE Again
According to reports, according to Lookonchain monitoring, a \”Smart Money\” will sell PEPE whenever its price rises. At around 2am Beijing time, \”Smart Money\” just sold 100 billion
-
US Stock Market suffers a Downturn
It is reported that the US stock market opened lower, with the Dow down about 340 points, the Nasdaq down 1.6% and the S&P 500 down 1.24%.
The US s…
-
Snoop Dogg appointed as the Chief Ganjaroo of Cryptocasino Roonet
It is reported that American rapper Snoop Dogg has served as the chief Ganjaroo of Cryptocasino Roonet. More details about the partnership and its measures wil…
-
Understanding Taiwan, China’s Promotion Plan for Virtual Asset Platform Supervision
It is reported that the official website of the Taiwan, China Financial Supervision and Administration Commission introduced in detail the promotion plan for th
-
Kanto finance bureau files administrative lawsuit against FTX Japan
It is reported that the local finance bureau of Kanto, Japan, filed an administrative lawsuit against FTX Japan, saying that the assets of FTX Japan have nothin