SatoshiChain’s Fundraising Journey and Upcoming Mainnet Launch

SatoshiChain
2 min readApr 11, 2023

Explore our fundraising strategies and recent milestones as we prepare for the mainnet launch.

Greetings SatoshiChain Family,

As we approach mid-April, we are excited to announce that we have recently surpassed 120,000 wallets on-chain and have processed over 1.5 million transactions, a testament to the growing adoption of SatoshiChain. We would also like to update you on our fundraising plans and strategies moving forward. With the mainnet launch just around the corner, it’s essential to share our financial roadmap and the exciting developments happening at SatoshiChain.

Self-Funding and Future Expansion:

So far, the SatoshiChain team has completely self-funded the project, investing over half a million dollars to date. To further expand SatoshiChain’s outreach, marketing, grant programs, foundation, and more, we plan to secure external funding in the coming months.

First Fundraising Round:

Recently, we officially initiated our first fundraising round, targeting angel investors, venture capital firms, high net worth individuals, and pre-seed investors. Our outreach campaign is progressing well, and we have already received positive feedback and promising opportunities. This campaign includes both an angel investor and a pre-seed investment round, with a seed round planned shortly after the mainnet launch. For those interested, our fundraising pitch deck can be accessed here.

Private $SC Token Presale:

We have been offering a limited private $SC token presale to community members. As the mainnet launch approaches, we must regrettably conclude the private sale. However, presale tokens will remain available to community members for a short period. If you’re interested in participating at the private presale price, act now. To inquire about presale $SC tokens, please email info@satoshichain.net or directly message Myself or Tyler on Telegram.

Validator Node Applications:

This is also the final opportunity for those interested in operating validator nodes to apply before the mainnet rollout. You can find the validator application here.

Mainnet Launch Preparations:

As we enter May, we will be focusing on preparations for the June 1st mainnet launch, and we’re excited to have you join us on this journey as we continue to grow and achieve new milestones together.

To stay updated on SatoshiChain’s progress and announcements, follow our social media channels:

Email: info@satoshichain.net

Twitter: https://twitter.com/DeFi4BTC

Telegram: http://t.me/SatoshiChain_Portal

Discord: https://discord.gg/t74zRMnp5v

Medium: https://medium.com/@satoshichain

Gitbook: https://satoshichain.gitbook.io/satoshi-chain/

Stay decentralized!

Christopher Kuntz — Co-founder of SatoshiChain

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SatoshiChain

SatoshiChain is an EVM-compatible blockchain that aims to complement the original Bitcoin cryptocurrency. https://satoshichain.net/