.EthosWalletXYZ, which integrates into decentralized applications on the Sui blockchain, has raised $4.2 million in a seed funding round. BrandyBetz reports
Ethos Wallet, which integrates into decentralized applications on the Sui blockchain, has raised $4.2 million in a seed funding round led by Boldstart ventures and gumi Cryptos Capital .
Co-founded by CEO Nadia Eldeib and CTO Jared Cosulich, Ethos Wallet was the first application to go live last year on the developer network of Sui, a layer 1 blockchain built by Mysten Labs, which is staffed by veterans of Meta’s scrapped Diem stablecoin project. The wallet can be used to store and trade crypto and to help discover and build dapps in the Sui ecosystem. The Ethos Wallet team has also launched the on-chain game Sui 8192 and chess and checkers games backed by non-fungible tokens .
"When we first set our sights on developing a wallet on the Sui blockchain, it became our mission to evolve what a crypto wallet is. Currently, they are viewed as a place to store crypto assets, however, they have the capability to do much more,” said Eldeib in the press release. “With Ethos, we're working on developing, discovering and interacting with blockchain-based applications and to make those interactions safer and easier to use.
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