What is InstaDApp?
Founded in 2018 and based in Lewes, Delaware, InstaDApp operates as a crucial portal layer connecting users to a diverse array of DeFi protocols. The non-custodial platform simplifies user interaction with the complex DeFi ecosystem. InstaDApp's strategic roadmap includes the integration of layer-2 solutions, aiming to enhance scalability and efficiency for its user base. This focus on user accessibility and protocol integration positions InstaDApp as a key player in the evolving decentralized finance landscape.
How much funding has InstaDApp raised?
InstaDApp has raised a total of $10M across 1 funding round:
Unspecified
$10M
Unspecified (2021): $10M with participation from LongHash Ventures, DeFi Alliance, and Standard Crypto
Key Investors in InstaDApp
LongHash Ventures
LongHash Ventures is a global blockchain accelerator and investor focused on building the Web 3.0 economy, with a network across key tech hubs. They provide comprehensive support for blockchain startups, from strategy to fundraising.
DeFi Alliance
The DeFi Alliance is an organization focused on the growth and development of the decentralized finance ecosystem, bringing together key players and innovators in the space.
Standard Crypto
Standard Crypto is an investment firm that has participated in InstaDApp's funding round, indicating a strategic interest in the company's DeFi portal layer technology.
What's next for InstaDApp?
With the recent influx of major strategic investment, InstaDApp is expected to accelerate its expansion plans, particularly in developing and integrating layer-2 solutions. This capital infusion will likely fuel further enhancements to its non-custodial platform, aiming to broaden user adoption and deepen engagement with various DeFi protocols. The company's trajectory indicates a strong push towards solidifying its position as a leading gateway in the decentralized finance space, potentially exploring new protocol partnerships and feature developments to maintain its competitive edge.
See full InstaDApp company page
