#PR:Thothus Seed Round Was Concluded in 6 hours by Whakaaro VC & Angel Investors

Stan Peterson
Expertise : Web3 Projects, ICOs, DeFi, and NFTs.
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]
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Thothus.io – tokenized game industry-focused decentralized exchange (DEX) and finance platform with Cardano native token inside its core have announced that the project concluded the first stage of funding in less then 6 hours from its launch and raised $213,750 that is equal to 1,425,000 TOT tokens.

Seed Round Oversubscribed

Whakaaro Ventures, VC that supports DeFi, Metaverse, and WEB3 startups, together with high net worth individuals from the UAE, USA, and the UK, has brought valuable experience and perspective to the project.

Cardano DeFi

In addition to trading, staking, and auctioning non-fungible tokens (NFT), the site will allow gamers to learn about new games in the market and track their rankings. Thothus will utilize the superior performance of the Cardano blockchain to deliver quality products to its users.

The money will go towards the development of the protocol, developing partnerships, and establishing a firm foundation for the project. 

Rich Features Dedicated To The Blockchain Gaming Industry

Metaverse Swap

Thothus is a platform that allows gamers to swap their game tokens. Thothus platform will enable users to buy and sell digital game assets with other players in a trustless environment.

Metaverse Farm

The Thothus protocol will offer farming of game tokens by staking them as collateral in a smart contract. The platform will offer yield farming to users, allowing them to receive a dynamic APY based on each token’s farming yield. This will allow tokens to increase the liquidity on the platform while still being able to generate income via the yield.

Metaverse Marketplace

Thothus is a platform meant to be the home for gamers and collectors. Here, gamers will be able to auction their in-game Non-Fungible Tokens (NFTs) with other users in a decentralized environment.

Metaverse Library

Users with experience in a game can capitalize on their experience by monetizing guides and tutorials for other less experienced users. The combined knowledge of users will create a virtual library of helpful material, benefiting the entire gaming community with knowledge and compensation.

Metaverse Rankings

The Thothus platform aims to analyze the currently available crypto games on the market and assign each game a ranking based on their play-to-earn profitability.

To find out more about Thothus, check out their website.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]