AlphaBack Secures $1 Million in Funding on July 1, 2022

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According to industry sources, AlphaBack raised $1 million in funding on July 1, 2022. Investors in this round include HashKey Capital and Polygon Co-Founder Sandeep Nailwal, among others. With this latest round, AlphaBack’s total funding has reached $1 million.AlphaBack is an innovative browser extension that enables users to earn rewards by viewing NFT advertisements while browsing the web. The platform utilizes a distinctive business model where advertisers pay to display NFTs when users open new tabs, replacing traditional banner ads. This approach not only creates a new income stream for users but also offers advertisers a more effective channel for ad placement.Amid rapid growth in the Web3 advertising sector, AlphaBack’s solution meets users’ demand for earnings and provides NFT project teams with increased exposure. As the digital advertising market evolves and NFT technology matures, products like AlphaBack are expected to see broader adoption and development. The latest funding round will support AlphaBack in further enhancing its product features, expanding market share, and fostering the healthy development of the Web3 advertising ecosystem.

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MATIC Fundraising History
RoundAmountValuationTimeInvestor(s)
--$1 M--2022-06-30HashKey Capital,Sandeep Nailwal
Key Milestones
  • 2022-07-01
    AlphaBack raised $ 1 M in funding round
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