Seedify Receives $10 Million Growth Capital from LDA Capital for Web3 Incubator Expansion

Photo Credit: Seedify

VICTORIA, Seychelles, September 15, 2023 (VSNewsNetwork.com) - Blockchain Web3 incubator and launchpad, Seedify, has announced a $10 million investment from LDA Capital, a Madrid-based global investment firm. The new capital aims to support Seedify's growth and further establish it as a leading launchpad in the blockchain industry.

Since its inception in March 2021, Seedify has successfully bootstrapped its operations, launching through a pure token airdrop to its early community. The company claims to have reached significant milestones, including a $350 million circulating market cap and a $1.6 billion fully diluted market cap, just eight months after its airdrop launch. Seedify also claims to have achieved the highest Return On Investment (ROI) among blockchain launchpads, reaching up to 44 times the average per launch.

Seedify's focus has been on aiding teams in creating valuable Web3 products. It has supported over 65 blockchain projects, primarily in the domain of Web3 gaming, through its launchpad platform. Services offered by Seedify include funding, community building, marketing, and developing product-market fit strategies.

Warren Baker, Managing Partner at LDA Capital, said, "Seedify continues to be the launchpad of choice for many crypto/blockchain projects as they take a true partnership approach by combining funding, community building, and marketing." He added that the investment will support Seedify's mission to accelerate the adoption of blockchain technologies.

The investment from LDA Capital is expected to provide Seedify's network of teams and projects with access to LDA's platform, which offers capital solutions and additional value-added services. The partnership aims to create more value across the blockchain ecosystem.

To learn more about Seedify and its initiatives, visit seedify.fund.

Source: Seedify via Newswire