Talisman has recently reported the conclusion of a successful funding round that has helped it raise funds worth $2.35 million. The firm has revealed that the early backers have helped it generate such a large amount in such a short amount of time.
Talisman is a Web3 wallet platform that is based on the Polkadot network. The wallet platform has confirmed that it received investments and support from several investment firms. Some of these firms included Advanced Blockchain AG, Koji Capital, and Hypersphere Ventures.
The firm has revealed that apart from major prominent investment firms, it has received the support of several Flex Dapps investors who remained anonymous.
Talisman made the announcement for the completion of the funding round on Wednesday, September 29, 2021. In the announcement, the firm also provided an update in regards to its wallet. In the announcement, Talisman revealed that it is planning to launch an extension for its wallet. According to Talisman, it is aiming to launch the extension by the 22nd of November, 2021.
Talisman has announced that the launch of the wallet extension was one of the top projects on its agenda. Now that the company has generated enough funds, it can focus on expanding its services.
By launching an extension for the wallet, Talisman will be able to bring in a more user base and customers to the platform. The platform wants to bring in as many users to its platform and it will be able to achieve it, now that it has generated enough funds.
The team behind the development of the wallet is aiming to introduce cross-compatibility between the para verse of Kusam and Polkadot.
One of the partners of Talisman, Hypersphere Ventures talked about the success of the recent funding round carried out by the project. Hypersphere Ventures’ executive stated that Talisman has been aiming to facilitate as many users as possible with its services.
Talisman wants to create a Paraverse gateway that every user within the cryptocurrency industry can benefit from it. If not everyone within the crypto-verse, at least Kusama and Polkadot users would be able to benefit from the platform.
The team behind the development of Talisman has revealed that they are aiming to make it the first-ever asset dashboard for DotSama. The features that they are aiming to launch through Talisman include Polkadot Crowdloan support, Kurara integration, several parachain, and KSM assets.
Talisman team has also revealed more features and services they are planning to introduce in the long run. These services include third-party fiat on-ramps, Shiden Dapp staking, and NFT support. According to Talisman, all these services and features are part of the roadmap that they have laid out to their investors.
