According to Foresight News, Monad Pad, a platform for tokens and NFTs, has successfully raised $945,000 in a seed funding round. The round saw participation from a number of investors including Cogitent Ventures, CMS Holdings, CSPDAO, Zephyrus Capital, vvvdotnet, FOMO Ventures, Exnetwork Capital, Sneaky Ventures, and Legion Ventures.
The funding will be used to further develop the platform and expand its services. Monad Pad is a startup that provides a platform for the launch of tokens and NFTs. The company aims to make it easier for creators to launch their own tokens and NFTs, providing them with the necessary tools and resources.
The investment from these firms indicates their confidence in Monad Pad's potential to revolutionize the token and NFT market. However, the company has not yet disclosed specific plans for the utilization of the funds. Further details are expected to be announced in the coming weeks.