Via Protocol

History

2022: Receiving a $1.2 million investment

In early June 2022, it became known about investing $1.2 million in the Via Protocol cryptocurrency payment platform, which was created by Russians Daniil Okhlopkov and Serafim Korablev. According to the results of the financing round, the startup was valued at $20 million.

According to Forbes, among the investors was one of the most famous business angels in the world, co-founder and chairman of the board of directors of AngelList Nawal Ravikant. Also, the American investment fund Shima Capital took part in the round.

Serafim Korablev (left) and Daniil Okhlopkov - founders of the Via Protocol cryptocurrency payment platform

Via Protocol is positioned as an analogue of Mastercard for decentralized payments in cryptocurrency, the service earns on transaction fees. According to Serafim Korablev, the Via protocol is looking for the optimal ways of the cheapest exchange between different blockchains and any tokens.

The Via Protocol service solves one of the key problems in the market, when a purchase object, such as a gaming one, NFT is on one blockchain, and the buyer keeps the means of payment on another blockchain or in general only in a traditional bank. Now [by June 2022 - approx. TAdviser] the process of buying NFT for such situations is extremely difficult, - Yuri Livshits, founder of the SuperDao operating system for decentralized autonomous organizations, explained to the publication.

The full launch of the Via Protocol service took place in mid-March 2022, by the beginning of June 2022 $2 million transactions had passed through it. Roughly $200,000 passes in a week. Via Protocol mainly attracts customers through communities on Twitter and makes partner posts with popular blockchain projects, but word of mouth also works well, the developers said.

This has been done more to build our community, but in the process the clients themselves find us, - said Korablev.[1]

Notes