Wallet Guard Completes Pre-Seed Financing Round with Ethereal Ventures, ConsenSys, and IOSG Ventures

04/17/2023 01:51 • Blockchain Buzz • 128 views

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

Introduction:

Wallet Guard, a Web3 security agency, recently announced the completion of its pre-seed financing round, led by Ethereal Ventures, with participation from ConsenSys and IOSG Ventures. Additionally, renowned Web3 field investors such as Ben Chan from Chainlink and Dave Pazdan from Phantom also participated in this round of investment. Wallet Guard aims to provide enhanced security measures to all users, ensuring their transactions are secure.

What is Wallet Guard?

Wallet Guard is a Web3 security agency that specializes in providing enhanced security measures for its users. Their products provide transaction simulation and signature reviews to ensure that the users’ transactions are safe and secure. Wallet Guard also actively detects common forms of phishing, enabling its users to keep their funds secure.

How Does Wallet Guard Ensure Security?

Wallet Guard ensures security by providing various security measures to its users.

Transaction Simulation:

One of the key features provided by Wallet Guard to its users is transaction simulation. This feature allows the user to simulate their transaction before executing it. This ensures that the user is aware of the exact amount of assets that they will receive or send in the transaction. It also helps in avoiding any unwanted or unintended transactions.

Signature Review:

Another essential feature provided by Wallet Guard is signature review. Once the user is ready to execute the transaction, Wallet Guard verifies the signature of the transaction to ensure that all data is correct and the transaction is valid. This helps the user to avoid any possible attack, such as a phishing or a man-in-the-middle attack.

Common Forms of Phishing Detection:

Wallet Guard actively detects common forms of phishing, ensuring that the users do not fall prey to any such attacks. The platform provides advanced phishing detection technology, which helps users to avoid these types of attacks and keeps their funds safe and secure.

Investors and Investment:

Wallet Guard’s pre-seed financing round was led by Ethereal Ventures, with participation from ConsenSys and IOSG Ventures. Renowned Web3 field investors such as Ben Chan from Chainlink and Dave Pazdan from Phantom also participated in this round of investment, showing their belief in the platform’s potential.

Conclusion:

Wallet Guard aims to provide its users with enhanced security measures that ensure their transactions are safe and secure. With its transaction simulation, signature review, and phishing detection features, Wallet Guard provides an excellent security infrastructure for its users. With its pre-seed financing round successfully completed, Wallet Guard can now focus on developing and enhancing its platform further.

FAQs:

1. Is Wallet Guard a Decentralized Platform?
No, Wallet Guard is a Web3 security agency that provides security measures for its user’s transactions.
2. Can I Run Multiple Wallets on Wallet Guard?
Yes, users can run multiple wallets on Wallet Guard.
3. Is Wallet Guard’s Service Available Worldwide?
Yes, Wallet Guard’s services are available worldwide.

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