Eclipse Raises $1.9M for Launch Protocol

Summary

Eclipse Fi, a modular multi-chain launch protocol built on Cosmos, has successfully closed its $1.9 million raise and conducted a sold-out Token Generation Event (TGE) on December 22. The fundraising demonstrates the company’s commitment to creating a fair cap table with leading investors and influencers in the Web3 space. Eclipse has achieved significant business development milestones, including securing partnerships, collaborations, and building a strong community presence.

Introduction

Eclipse Fi has successfully raised $1.9 million and sold out its TGE, showcasing the company’s innovative approach to token launches. The fundraising reflects Eclipse’s commitment to a fair cap table and involvement of prominent Web3 VCs, angel investors, and influencers. The company has achieved notable business development milestones and built a robust community across various platforms. Eclipse aims to solve cross-chain user experience and sustainability challenges faced by most launchpads.

Main Points

• Eclipse raised $1.9 million and completed a sold-out Token Generation Event (TGE) on December 22.
• The fundraising attracted leading Web3 VCs, angel investors, and influencers, ensuring a diverse and fair cap table.
• Eclipse achieved significant business development milestones, securing over 35 partnerships and collaborations.
• The company has built a strong community presence with 200,000 testnet participants and over 250,000 community members on social media.
• Eclipse aims to address cross-chain user experience and sustainability issues by implementing innovative features like Smart Accounts and a cross-chain architecture.
• The company focuses on the Cosmos ecosystem and emerging Layer-2 protocols for ecosystem building.
• Eclipse offers a simplified token launch model that removes hurdles and encourages active participation from stakeholders.
• Additional features of the platform include fully decentralized privacy-preserving zk-KYC, customizable launch toolkit, reputation scoring, and due diligence for project selection.
• The native token $ECLIP had its TGE on December 22 and is listed on various platforms, such as Astroport, Neutron, Arbitrum, and Gate.io.

Conclusion

Eclipse Fi has successfully raised $1.9 million and completed a sold-out Token Generation Event. With its focus on cross-chain user experience and sustainability, the company aims to simplify token launches and foster active community participation. Eclipse’s business development milestones and strong community presence position them as a leading launch protocol in the Web3 ecosystem.