FLUUS completes $600,000 funding round to promote Web3 services

03/01/2023 19:16 • Tech Ticker • 129 views

It is reported that the encryption payment start-up FLUUS announced the completion of a pre-seed round of financing of US $600000, with FHS Capital, Encryptus.io and a number of angel investors participating in the investment. FLUUS is about to release a beta version to help more consumers access Web3 services, such as token pledge and swap. At present, the company has entered into partnership with online dating portal Dua.com and GD10 Ventures ecosystem.

Cryptographic payment start-up FLUUS completed a pre-seed round of financing of US $600000

Interpret the above information:

FLUUS, an encryption payment start-up, has recently announced the completion of a pre-seed funding round of $600,000. The investment was made by several investors, including FHS Capital, Encryptus.io, and a few angel investors. With this new influx of capital, the company aims to democratize the access to Web3 services, such as token pledge and swap, by launching a beta version soon.

Web3 services refer to a decentralized form of the internet that enables users to interact with digital assets such as cryptocurrencies, smart contracts, and decentralized applications (dApps) without relying on intermediaries or centralized platforms. These services are based on blockchain technology, providing secure and transparent transactions without exposing the users’ personal information or transaction history. As such, Web3 services have gained popularity in recent years, especially among those who prioritize privacy and decentralization.

FLUUS aims to leverage this trend by developing a user-friendly interface that can facilitate easier access to Web3 services. The company has already formed partnerships with Dua.com, an online dating portal, and GD10 Ventures, an ecosystem that connects investors with start-ups. These collaborations could enable FLUUS to integrate its encryption payment solutions into various ecosystems and expand its user base.

The funding round is reportedly a pre-seed round, which means that the company is still in its early stages of development. However, the fact that FLUUS has managed to secure funding from reputable investors indicates that there is growing interest in Web3 services and the potential for innovation in this field.

With the beta launch on the horizon, FLUUS is expected to attract more users who are interested in exploring the benefits of Web3 services. By providing a user-friendly platform, FLUUS hopes to expand the market for encryption payment solutions and facilitate the mainstream adoption of blockchain technology.

Overall, the message highlights FLUUS’s efforts to promote Web3 services and the potential for innovation in this field. The keywords, FLUUS, pre-seed funding, Web3 services, partnership, and beta release, summarize the key points of the message and provide insights into the company’s vision for the future of encryption payments.

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FLUUS completes $600,000 funding round to promote Web3 services

Cryptographic payment start-up FLUUS completed a pre-seed round of financing of US $600000

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