Formless – a company building decentralized network infrastructure for property rights management and revenue sharing – recently announced the successful raise of over $2.2 million in pre-seed funding. And the consortium of investors includes a16z Crypto CSS, Beacon web3 accelerator, and angel investors that include Sandeep Nailwal (Co-Founder of Polygon Network), Ryan Fang (Co-Founder and COO of Ankr), Dharmesh Shah (Founder and CTO of HubSpot), and Dallas Austin (Grammy-award winning producer and CEO of Dallas Austin Distribution). This funding round will drive Formless’s commitment to advancing the SHARE Protocol, powering the next generation of products and experiences in a multiplayer digital economy.
The SHARE Protocol enables developers, creators, and organizations to utilize a common property ownership network, benefit from decentralized digital rights management, and receive rewards and network effects associated with revenue sharing in a multiplayer digital economy.
The commitments these early-stage investors have made underscore their recognition of the transformative potential of SHARE. And the $2.2 million pre-seed investment – which exceeded the initial target due to overwhelming investor interest – will be allocated toward growing the development team, enhancing the technology infrastructure, and ensuring the delivery of a robust customer experience across the network.
KEY QUOTE:
“This pre-seed funding round is a testament to our team, our vision, and the transformative potential of the SHARE Protocol. We are deeply grateful for the trust our investors have shown in us. This funding will be pivotal as we accelerate the development of the SHARE Protocol while advancing toward our vision of a multiplayer internet powered by choice, ownership, and participation with purpose.”
— Brandon Thorpe, Founder & CEO, and the leader behind Formless
