Boson Protocol Raises $10M in Funding

Boson Protocol

Boson Protocol, a London, UK-based project pioneering a capture resistant dCommerce ecosystem using NFTs encoded with game theory, closed the last round before its public sale, raising a total of $10m between all rounds.

Backers included Outlier Ventures, FBG, TRG Capital, Duck DAO, Animoca Brands (known for its Virtual World, Sandbox), Rarestone Capital, Masters Ventures, Sparq Ventures, Brilliance Ventures, Vendetta Capital, Deltahub Capital, Gains Associates, Capture Investments, Lunar Station, Titans Ventures, BR Capital, Crypto Dorm Fund, Plexus RS, Blockrock, Momentum6, and Lotus Capital.

These funding rounds enable Boson Protocol to to grow the technical and product teams, further develop the prototype pilots for launch partners, and continue to accelerate the development of its ecosystem, through grants channeled by the dCommerce DAO.

Established in 2019 by Justin Banon, CEO, Boson Protocol is advancing a decentralized autonomous network for coordinating commerce transactions with minimised arbitration and an equitable Web3 marketplace for commerce data. Once live, Boson’s solution will enable users to exchange digital assets for real-world items, without the need for monopolistic intermediaries who capture value and hoard on customer data.