Tiplink Secured $6M in Seed Funding Round

Published on: 24.02.2023
Tiplink Secured $6M

Tiplink, a lightweight wallet designed to make transferring digital assets as easy as sending a link, has secured $6M in early investment from Sequoia Capital and Multicoin Capital. 

TipLink has secured $6M to develop the ultimate distribution system for sending crypto and NFTs. It allows users to send crypto or NFTs with just a link.

The platform is developing one of the most essential crypto distribution systems, and this funding will assist them in bringing their TipLink to the masses.

Other Outstanding Investors

Apart from Sequoia and Multicoin Capital, TipLink is overjoyed with the rest of its supporters. Asymmetric, Big Brain Ventures, Circle Ventures, Karatage, Monke Ventures, Paxos, and Solana Ventures are among those involved. We also have well-known angels Vinny Lingham, Liu Jiang, and Sarah Guo on their side.

Introducing TipLink

TipLink allows users to send crypto or NFTs with simply a link. The link is the wallet, thus the recipient does not need to know anything about cryptocurrency. The assets can then be withdrawn by the user.

  • A wallet they already have.
  • Over time directly to financial institutions they are familiar with.
  • If they’ve never set up a crypto wallet, they can log in with Google and have a lightweight non-custodial wallet in seconds.

The consequences of this new distribution system are enormous. Instead of merely delivering digital assets to those in the limited crypto ecosystem, you may now send assets to everyone on the earth who has access to the internet.

The TipLink API

They aim to make it as simple as possible for developers to send TipLinks. Developers may use their API to create TipLinks for free and add any asset. This enables the creation of automated procedures for distributing digital assets as well as the integration of creating/sending links directly into apps. TipLink can help establish billion-dollar crypto firms in the same way that Stripe helped create billion-dollar e-commerce enterprises. Now that TipLink is out, the early adopters who figure out new use cases in IRL, social, marketing, payments, and so on will be rewarded.

Here’s an example of how simple it is to create TipLinks using their API:

import { Tiplink } from ‘@tiplink/api’;

Tiplink.create().then(tiplink => {
console.log(“link: “, tiplink.url.toString());
console.log(“publicKey: “, tiplink.keypair.publicKey.toBase58());
return tiplink;
});

About TipLink

TipLink is a lightweight wallet designed to make transferring digital assets as easy as sending a link. Their non-custodial wallet allows you to have complete control of your assets by connecting your Gmail account or Solana wallet.

Website | Twitter

SOURCE

https://medium.com/@TipLink/tiplink-raises-6m-co-led-by-sequoia-and-multicoin-to-unlock-the-ultimate-distribution-mechanism-b403aa69634f

REQUEST AN ARTICLE

 

Market Stats:
BTC Dominance: 58.79%(-0.65%/24h)
ETH Dominance: 12.3%(+0.00%/24h)
Defi Market Cap: $86.52B(+10.34%/24h)
Total Market Cap: $3048.74B(+2.15%/24h)
Total Trading Volume 24h: $156.2B(-8.81%/24h)
ETH Market Cap: $375.22B
Defi to ETH Ratio: 23.06%
Defi Dominance: 2.72%
Altcoin Market Cap: $1256.54B
Altcoin Volume 24h: $110.89B
Total Cryptocurrencies: 32245
Active Cryptocurrencies: 10066
Active Market Pairs: 89510
Active Exchanges: 760
Total Exchanges: 9584
BTC: 90591.36$(-0.19%/1H)
ETH: 3115.41$(0.06%/1H)
AVAX: 35.27$(0.34%/1H)
BNB: 625.34$(-0.11%/1H)
MATIC: 0.42$(0.94%/1H)
FTM: 0.71$(0.57%/1H)
ADA: 0.73$(2.38%/1H)
DOT: 5.72$(0.55%/1H)
UNI: 9.12$(2.15%/1H)
CAKE: 1.92$(0.66%/1H)
SUSHI: 0.76$(0.76%/1H)
ONE: 0.01$(0.29%/1H)