What to know:
- Coresky, bless their cotton socks, has raised $15 million in Series A funding. Apparently, this is to accelerate the development of their platform. One can only hope it involves more cat pictures.
- The funding was led by Tido Capital, because, well, someone had to do it. Other brave souls chipping in include WAGMI Ventures (sounds optimistic!), CoPilot Ventures Studio (presumably not teaching actual pilots), Web3vision (still trying to figure out Web2), and Parallel Ventures.
- Coresky’s platform enables user voting to gauge public opinion in the early stages of a meme token’s development. So, democracy in action… or something like that. 🗳️
Meme coin incubator CoreSky (yes, you read that right, a meme coin incubator) has raised $15 million in Series A funding. To accelerate platform development, naturally. I mean, you can’t expect quality memes to just spring forth from thin air, can you? 🤔
The funding, which brings the company’s total backing to a cool $21 million – more than I’ve ever seen in one place, frankly – was led by Tido Capital. God bless ’em. With participation from the aforementioned WAGMI Ventures, CoPilot Ventures Studio, Web3vision, and Parallel Ventures. It takes a village, it seems, to raise a slightly deranged digital currency. 🤪
CoreSky’s platform enables user voting to gauge public opinion in the early stages of a meme token’s development. Because nothing screams “sound financial planning” like letting the internet decide what’s valuable. 🤷♂️
Meme coins have experienced a significant surge in popularity in the last year, becoming a notable phenomenon in the cryptocurrency market. This rise is attributed to several factors, including high-profile endorsements (often from people you wouldn’t trust to walk your dog), political developments (don’t even get me started), and the increasing influence of internet culture on financial markets (may God have mercy on us all). 😨
Despite the challenges presented by scams and rug pulls (which, let’s be honest, are practically part of the business model), the enthusiasm for meme coins persists. For many observers, they represent the community aspect of the cryptocurrency market, as well as the blending of internet culture with financial innovation. Or, you know, just a good excuse to lose all your money in a slightly more entertaining way. 💸
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2025-03-25 18:53