MyCointainer Raises USD 6 Million in Seed Round to Develop Its Yield Earning Platform
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Tallinn, Estonia, 26th January, 2022, Chainwire
MyCointainer, a platform for easy yield staking, announced it has raised $6 million in a Seed Round. The event was led by Maple Block and co-led by Shima Capital & ByBit - one of the dominant cryptocurrency exchanges worldwide.
Numerous high-profile angel investors also participated in the round. Among them are entities with rich portfolios comprising some of the most renowned industry brands like CoinList, Circle, and Polygon. ConsenSys, Near, 1inch, Algorand, Polkadot, dY/dX, Casper Labs, Mina, Ankr, and Enjin are also there. Most importantly, their support enhances MyCointainer’s potential and pinpoints a tight-knit collaboration for future projects.
The company will use the funds to develop its yield-earning platform. This way, it will improve its current B2B products and expand its reach in Europe, Asia, the Middle East, and the rest of the world. Lastly, MyCointainer seeks to increase its expert team by hiring more professionals.
MyCointainer is a platform that enables customers to stake cryptocurrencies and tokens without any hassle. Users can start with as little as 1 EUR and have their pick from more than 100 digital assets, including Polkadot, Cardano, and Elrond.
Anyone can use MyCointainer to generate passive income through staking. The platform allows users to buy specific tokens or transfer them into their wallets. Then, it utilizes the power of blockchain protocols to generate more coins in the users' balances as daily rewards.
Furthermore, participants can earn directly from their wallets through delegations. In other words, MyCointainer works like a digital piggy bank enabling
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