Formless, a company based in Cambridge, Massachusetts, specializing in decentralized network infrastructure for property rights management and revenue sharing, has successfully raised $2.2 million in Pre-Seed funding.
This funding round witnessed the participation of notable entities, including a16z Crypto CSS, Beacon web3 accelerator, along with prominent angel investors such as Sandeep Nailwal (Co-Founder of Polygon Network), Ryan Fang (Co-Founder and COO of Ankr), Dharmesh Shah (Founder and CTO of HubSpot), and Dallas Austin (Grammy-award winning producer and CEO of Dallas Austin Distribution).
The allocated funds are earmarked for expanding the development team, strengthening the technological infrastructure, ensuring optimal customer experience throughout the network, and advancing the SHARE Protocol.
Formless, under the leadership of Founder and CEO Brandon Thorpe, is on a mission to craft virtual and physical experiences that enhance the quality of people’s lives. The SHARE Protocol, pioneered by Formless, empowers developers, creators, and organizations to leverage a unified property ownership network. This facilitates the benefits of decentralized digital rights management innovation and provides rewards and network effects associated with revenue sharing within a multiplayer digital economy.
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By Proptechbuzz
By Ravi Kumar
