Polkadot (DOT) Reports That Talisman Wallet Closes A Round Of Initial Financing In The Amount Of $2.35 Million

Talisman, the Polkadot Web3 wallet platform, has raised $2.35 million from early backers including Hypersphere Ventures, Koji Capital, and Advanced Blockchain AG, as well as several anonymous Flex Dapps investors. According to an announcement released on Wednesday, with the funding round closing, Talisman wants to launch a wallet extension by November 22. Billed as a DotSama wallet — a combination of Polkadot (DOT) and Kusama (KSM), Talisman reportedly aims to provide cross-compatibility across the entire Polkadot and Kusama “para verse”. Commenting on the decision to support the project, Jack Platts, a partner at Hypersphere Ventures, said: “Talisman aims to become the gateway to the rights for ordinary crypto users.”Polkadot Price Prediction: DOT Gets Vulnerable Amid Crypto Sell-Off It is reported that Talisman is creating the first dashboard of DotSama assets with features such as betting on KSM and other blockchain assets, Karura integration for decentralized exchange and Polkadot Crowdloan support. Other major features of the planned Talisman roadmap include NFT support, Shiden Dapp betting, and third-party fiat on ramp-ups. The announcement also says that by securing seed funding, the team is looking to expand by adding more important features to help users interact with the DotSama para verse ecosystem.

Miriam Bozini

Finance and Business Reporter