WeStarter project backed by Continue Capital The first financing of WeStarter (WAR) was completed on April 15th 2021, and the participated investment institutions include Continue Capital, SevenX Ventures, NGC Ventures, AU21 Capital, Spark Digital Capital, LD Capital, Power Law Capital, Kyros Ventures, DoraHacks Ventures, SkyVentures, DEFI TIMES CAPITAL and others.
Continue Capital also invested in Cosmos ATOM, ChainLink, Polkadot, Tezos, OX, Near, Graph. Algorand, Certik, Zilliqa, Hedera Hashgraph, Fusion and many others.
WAR WeStarter will soon launch CryptoSteam
Aaron Pulkka, former vice-president of Activision Blizzard , founded CryptoSteam, a crypto-games publishing platform, and invented the concept of GameFi 2.0.
The vision of CryptoSteam is to become the infrastructure provider of Metaverse, and be the bridge to connect all other meta-universes together.
WAR WeStarter is a cross-chain token initial swap platform which selects high-quality crypto projects that need fundraising before listing to major exchanges.
It was launched in May 2021 at $2. Due to market conditions, the price is now $0.04 and the market cap is less than $1 million.
A similar incubator is SFUND Seedify, has a mk cap of $124Mil.
So The upside potential is 124X from here just to reach SFUND`s market cap.
Extremely low circulating supply, with few thousands usd, you ca substantially move the price.
The RSI shows a massive bullish divergence . Increase in volume while decrease in price. Oversold area!
Minimum upside potential is 10X in my opinion.
Fundraising
China’s Bitcoin Crackdown China’s Supreme Court has issued a ruling that specifies penalties for offenders who use cryptocurrency to raise funds.
Penalties range up to 10 years in prison and fines of up to 500,000 yuan ($79,000).
China’s years-long crackdown on cryptocurrency has stepped up another level, thanks to a new Supreme Court ruling that paves the way for fines and potentially lengthy jail sentences for citizens found guilty of fundraising via crypto tokens.
Released earlier today, the Supreme Court’s decision specifies that “virtual currency” transactions used for raising funds can be prosecuted, with varying penalties available depending on the amount of money raised via the transactions.
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*valuation matters
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