A Pakistani startup has raised $1 million to make blockchain technology more accessible

Anmol Network, the provider of a Web3 multichain site focusing on simplicity of use and accessibility, has raised $1 million in seed finance lead by AU21 Capital, with strategic participation from MEXC Global Exchange, YBB Foundation, Lotus Capital, Danish Chaudhry, HG Ventures, and Rob Hanneman. The round had a large number of participants.

Closing a seed round while securing partnerships with industry leaders like Polygon, Darwinia, Crust Network, and Cere Network, as well as the diversity and profile of investors, demonstrates the broad support for Anmol’s new, novel approach to migrating Web2 functionalities to Web3 with the goal of onboarding the next billion users of Blockchain technology.

The Web3 industry is fragmented, intimidating to beginners, and difficult to navigate. Anmol is attempting to address this by developing an interoperable and user-friendly infrastructure for onboarding and converting enterprises to Web3 technologies; think Canva or WordPress, but for Web3. We believe that a global network of diverse and enthusiastic consumers is required for widespread adoption and general maturity, as an industry cannot grow and become stable without a global network of diverse and devoted people.

The Web3 sector is expanding at a quicker rate than the internet as a whole. With so much promise, we must provide the tools and resources necessary to encourage widespread use of Web3 technologies.

Anmol aspires to build not only our ecosystem, but also the blockchain and Web3 businesses.