Boson decentralized commerce protocol closes 10 million USD round

Boson Protocol, the project pioneering a capture resistant dCommerce ecosystem using NFTs encoded with game theory has successfully closed the last round before its public sale, raising a total of $10m between all rounds. The presale round demonstrates continued support from existing investors, combined with new backers. The presale was 40x oversubscribed, showing strong interest for the project. These funding rounds enable Boson Protocol to continue developing its public infrastructure and a set of composable dCommerce SDKs that will allow developers to build the future of commerce, allowing people, companies, and machines to transact in a decentralised manner, with minimised arbitration, cost, and friction.

Boson's vision is to create a commerce bridge between the metaverse and the universe, which enables smart contracts to connect to real-world commerce and its data. The funds raised will drive the next phase of Boson's growth and will be primarily used to grow the technical and product teams, further develop the prototype pilots for launch partners, and continue to accelerate the development of its ecosystem, through grants channeled by the dCommerce DAO.

Commenting, Justin Banon, CEO and Co-Founder of Boson Protocol, said, "This funding round will fuel the next chapter of the Boson Protocol story — a story I am proud to be a part of as we work to reshape the future of commerce. Our vision is to create a more decentralised, open, and fairer future. This can only be achieved by facilitating the development of a stack of specialist applications to disrupt, demonopolise, and democratise commerce. This decentralised approach to e-Commerce will allow parties to engage in online commercial activity in a trustless, safe, and equitable environment, while allowing for the minimisation of value capture by centralised entities."