Web3 security agency Wallet Guard completes pre feed round financing, led by Ethereal Ventures

On April 17th, according to official sources, Wallet Guard, a Web3 security agency, completed a pre feed round of financing led by Ethereal Ventures, with Consen Sys and IOSG Ventures participating. In addition, renowned talent investors in the Web3 field such as Ben Chan from Chainlink and Dave Pazdan from Phantom also participated in this round of investment. Wallet Guard aims to ensure that all users can obtain security. Its products with the same name can ensure users to conduct transactions safely through transaction simulation and signature review, and actively detect common forms of phishing to ensure the security of users’ funds.

Web3 security agency Wallet Guard completes pre feed round financing, led by Ethereal Ventures

I. Introduction
A. Explanation of Wallet Guard
II. Funding Round
A. Investors
B. Funding Goal
III. Wallet Guard’s Products
A. Security Offerings
B. Transaction Simulation
C. Signature review
IV. Phishing Prevention Measures
A. How Phishing Affects Users
B. Prevention Measures
V. Conclusion
A. Recap of Wallet Guard’s Services
B. Future Growth Potential
VI. FAQ
A. What is Wallet Guard?
B. How does Wallet Guard’s Transaction Simulation Work?
C. How does Wallet Guard Prevent Phishing?
# On April 17th, Wallet Guard Completed a Pre-Funding Round
Wallet Guard, a Web3 security agency, has completed a pre-feed round of financing led by Ethereal Ventures, with ConsenSys and IOSG Ventures also participating. Renowned talent investors in the Web3 field such as Ben Chan from Chainlink and Dave Pazdan from Phantom also invested in this round.
With the completion of funding, Wallet Guard adds another chapter to their story of ensuring that all users are able to carry out transactions safely. Their products aim to provide users with security through transaction simulation and signature review. Additionally, they actively detect common forms of phishing to ensure the security of users’ funds.
# Wallet Guard’s Funding Round
Ethereal Ventures led the funding round for Wallet Guard that was completed on April 17th, 2021. In addition, ConsenSys and IOSG Ventures also participated in this round of investment, which had the goal of raising funds to help ensure that all users can conduct transactions with complete safety and security.
Talent investors such as Ben Chan from Chainlink and Dave Pazdan from Phantom also participated in the funding round, underscoring the importance of the work being done by Wallet Guard.
# Wallet Guard’s Products
Wallet Guard aims to ensure that users can obtain security through its products. The product offerings include secure wallets that allow users to conduct transactions with confidence. They also offer transaction simulation and signature review as additional security measures.
Transaction simulation lets users test their transactions without actually sending them and signature review helps users check the sender’s address and see the transaction details before sending the funds.
# Phishing Prevention Measures
Phishing is a major issue for users conducting transactions on the Web3 network. Wallet Guard actively detects and prevents phishing by monitoring for suspicious behavior such as duplicate wallet addresses or unusual network behavior.
Phishing can lead to substantial loss of funds, and prevention is essential for users to secure their transactions. Wallet Guard is committed to providing full security and has measures in place that protect users from these threats.
# Conclusion
As blockchain and Web3 technology continue to evolve and gain popularity, the need for security has grown significantly. Wallet Guard’s services provide users with confidence when conducting transactions on the Web3 network. By offering secure wallets, transaction simulation, signature review, and phishing prevention measures, Wallet Guard ensures that all users can conduct transactions safely.
Wallet Guard’s funding round will allow the company to continue to develop and grow its services. With their mission to provide security and protection to all Web3 users, the company is well-positioned to become a significant player in the Web3 security field.
# FAQ
1. What is Wallet Guard?
Wallet Guard is a Web3 security agency that provides users with secure transactions through secure wallets, transaction simulation and signature review.
2. How does Wallet Guard’s transaction simulation work?
Wallet Guard’s transaction simulation allows users to test their transactions before actually sending them. This allows users to check the transaction details and sender’s address before sending funds.
3. How does Wallet Guard prevent phishing?
Wallet Guard monitors for suspicious behavior and actively detects phishing attempts. By monitoring for duplicate wallet addresses and unusual network behavior, Wallet Guard provides users with phishing prevention measures to protect their funds from theft.