PolkaCipher Is Now Backed By Blockpact Capital
PolkaCipher is excited to announce a Strategic Partnership with Blockpact Capital, a leading name in Defi investments and Blockchain company growth strategies.
Pranav Shivram, Founder and Partner at Blockpact Capital on why they invested in PolkaCipher:
We essentially backed PolkaCipher because we believe the next step of Blockchain is to bridge the gap between the internet and off-chain economies. Having an oracle that utilizes the full potential of NFTs apart from what we see today, and envisions it for the future is super interesting and could be revolutionary.
About Blockpact Capital
Blockpact Capital is a premier venture capital firm primarily focused on early-stage companies and protocols building on blockchain technology and the digital asset ecosystem.
A key player in the industry and an investment firm aiming to help build breakthrough products of the future. With the support and investment in promising entrepreneurs and companies building within the Blockchain sector with a focus on Digital Assets, FinTech, and cutting-edge Decentralized Technologies.
With a combined experience of 13 years, their multidisciplinary team brings with it, expertise in engineering, investing, law, marketing, and business development. They have built several meaningful relationships with top CEOs, developers, investors, and influencers, and have a deep understanding of everything Blockchain.
About PolkaCipher
PolkaCipher is a privacy-preserving oracle network on the Polkadot Blockchain focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps.
PolkaCiphers unique offerings help push the use-case of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps (dapps) and real-world business rewards.
