Singapore, Singapore, May 14, 2024, Chainwire
In a show of market enthusiasm and investor confidence, Morph recently participated in the innovative crypto angel investor platform, Echo, founded by well-known crypto investor Cobie. The event marked another milestone for Morph, securing a $300,000 round. Echo platform angels received the same terms as previous venture capital investment rounds, ensuring a fair and equitable investment opportunity that reflects Morph's commitment to a consumer and user-centric approach.
The completion of this round in Echo indicates both strong investor interest in Morph's vision and growing demand for new platforms that simplify access to blockchain innovations. A Morph spokesperson expressed enthusiasm for platforms like Echo, which break down barriers to entry for individual investors, in line with Morph's mission to make blockchain technology more accessible.
Morph has distinguished itself from other Layer 2 solutions by focusing on the concept of consumer centricity. Unlike the many alternatives that rely heavily on complicated and non-intuitive DeFi applications, Morph intends to build an ecosystem full of dapps that have the same fluidity and real-world utility as any existing web2 service.
Morph CEO and Co-Founder Cecilia Hsueh explained:
“Morph's involvement in Echo is just one of the many ways we are looking to connect with industry participants. This move allowed us to expand our investor base, reaching those who share our goal of making blockchain technology simple and beneficial for everyday use. We are encouraged by this initial success and are committed to continuing our efforts to lead the consumer blockchain revolution, making it more accessible, understandable and consumer-friendly. “We see a future where blockchain is as common and easy to use as any mainstream technology today.”
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This article was originally published on Chainwire.
