According to ChainCatcher, decentralized investment platform BasedVC has completed a $2 million seed round of financing at a valuation of $15 million, with participation from Neo Tokyo, Kongz Capital, and angel investors such as Mario Nawfal, Crypto Banter, Ashcrypto, and Kmanu.

According to the team: "In the past year, the BasedVC platform has earned more than $65 million and invested in more than 50 cryptocurrency projects. BasedVC allows communities and retail users to participate in pre-seed and private rounds, avoiding the high risks of public rounds, and raising funds from strategic communities such as Neo Tokyo."