Unlock Protocol raised $1 M in a new round of funding on 2018-07-23.

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According to media reports, Unlock Protocol raised $1 M in a new round of funding on 2018-07-23. the investors in this funding round include General Catalyst,Cherry Ventures,Coinbase Ventures,Kindred Ventures,ConsenSys Mesh,Betaworks,La Famiglia and others. Following this round, Unlock Protocol's total funding reached $5 M.
Unlock is building the web's new business model by enabling new ways for creators to monetize their content through a decentralized, access control system. Unlock's solution is an open-source, non-fungible token (NFT) protocol that streamlines membership benefits for online communities, giving creators control over subscription and access to their content without any middlemen. The Unlock Protocol can be applied to publishing (paywalls), newsletters, software licenses, and even the physical world, such as transportation systems.

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UDT Fundraising History
RoundAmountValuationTimeInvestor(s)
--$1 M--2018-07-23General Catalyst,Cherry Ventures,Coinbase Ventures,Kindred Ventures,ConsenSys Mesh,Betaworks,La Famiglia
Key Milestones
  • 2021-09-28
    Unlock Protocol raised $ 4 M in funding round
  • 2021-03
    $UDT was live for trading
  • 2018-07-24
    Unlock Protocol raised $ 1.7 M in funding round
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