The Web3 accelerator Seed Club will complete a $15 million financing at a valuation of $150 million. USV, MulticoinCapital, Placeholder and others will participate in the investment. The financing will be used for ecological development.
SeedClub has passed a vote on new strategic contributors with a 99.99% approval rate on May 16, and the content is to allocate 1 million CLUBTokens (10% of the total) to new strategic partners, who will provide 15 million USDC. The CLUB allocation will be locked for one year and then unlocked in three years.
New strategic partners include: Union Square Ventures, The Chernin Group, Placeholder Ventures, Collab + Currency, Blockchain Capital, Framework Ventures, IDEO CoLab Ventures, Distributed Global, Kindred Ventures, Nascent, Multicoin Capital, The LAO, Road Capital, Hutt Capital , AngelDAO, 10 individual participants.