Solana-Powered SolRazr Raises 1.5M to Build First Decentralized Developer Ecosystem

Published on: 08.09.2021

SolRazr is the first decentralized developer ecosystem for Solana, has completed $1.5 million in its strategic funding round.

Led by Moonrock Capital, Ascensive Assets, and Morningstar Ventures. Several notable funds including Genesis Block Ventures, Divergence, Genblock Capital, CMS Holdings, ZBS Capital, PANONY, and Skynet Trading participated in the round, while angel investors such as Sam Kazemian from Frax Finance, Leo Cheng from CREAM, Santiago R Santos, and Chris McCann also contributed.

Designed to be the de-facto fundraising and developer platform for projects building on Solana, SolRazr aims to support the growth of decentralized finance on the high-performance network.

“Solana will power SolRazr to help projects raise capital at lightning speed, and to help investors contribute at negligible transaction costs,” said Sreekanth Kalapur, Co-Founder of SolRazr. “The platform is not only fast and inexpensive but also secure and bot-proof, providing fair and truly decentralized allocations for the SolRazr community. SolRazr is not just a launchpad; we are building a platform with a host of developer tools to help anyone build fast on Solana.”

SolRazr will have a unique allocation model for retail investors, leveraging NFTs on Solana.

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