Join 79,278 users and earn money for participation

BCH DeFi Startup General Protocols Raises Over $1 mil

19 1189 boost
Avatar for GeneralProtocols
Written by   299
1 year ago (Last updated: 1 month ago)

Singapore, 07 May, 2020 -  General Protocols, the first Bitcoin startup dedicated to bringing Decentralized Finance (DeFi) products to Bitcoin Cash, has just raised over $1M in it’s seed funding round. The funding came from a variety of investors, which include legendary cryptocurrency trader Marc De Mesel and BCH thought leader Molecular. The new funds enable General Protocols to grow its Bitcoin Cash smart contract derivative product AnyHedge, scale its engineering teams and expand its operations globally.

 John Nieri a.k.a. emergent_reasons, President of General Protocols, was pleased with the raise, commenting, “We are delighted that aligned investors are supporting us in our vision to bring DeFi to Bitcoin Cash. We are building a team of dedicated supporters of peer to peer electronic cash here at General Protocols.”

 The core General Protocols team consists of passionate individuals that initiated, organized and helped build the voluntary Bitcoin Cash fundraising project Flipstarter.cash. Flipstarter.cash is an application that allows people to fund projects in a “secure, non-custodial” fashion using the Electron Cash wallet. The team also participated in the founding of Bitcoin Cash Node (BCHN).

 

Former Bitcoin.com employees Rosco Kalis and Marcel Chuo Join General Protocols

 To assist with the General Protocols expansion, General Protocols has onboarded Rosco Kalis and Marcel Chuo into the team. Previously, Rosco’s team Pandacash won the BCH Devcon hackathon held in Amsterdam in October 2018. While at Bitcoin.com, Rosco created CashScript, a high level scripting language for creating complex smart contracts on Bitcoin Cash. In addition to solidifying General Protocol's infrastructure and open source tools, Rosco will continue to develop and apply CashScript to a new generation of robust smart contracts on Bitcoin Cash.

Rosco commented on joining saying, "I'm excited to be working on AnyHedge with the great team at General Protocols."

Marcel will build and manage business relationships and also develop the critical pool of demand for both sides of the AnyHedge contract. Prior to General Protocols, Marcel Chuo held a dual role as PR and Feature Editor in the newsroom as well as Business Development - Special Projects in the business development team at Bitcoin.com. He managed corporate relationships for the company, built a global expansion strategy and coordinated the HTC partnership launch.

 
About General Protocols

General Protocols, the first Bitcoin startup dedicated to bringing Decentralized Finance (DeFi) products to Bitcoin Cash. Its flagship product AnyHedge represents a novel generation of derivatives that utilize smart contract technology on the Bitcoin Cash blockchain. General Protocols came together over the course of 2019, starting with the collaboration of imaginary_username, John Nieri and Jonathan Silverblood, and later incorporating in Singapore.

Website: https://generalprotocols.com/

Contact: marcel.chuo@generalprotocols.com

Telegram: https://t.me/AnyHedge

General Protocols Blog

This article forms part of the General Protocols Blog, a collection of cross-platform links showcasing our team's community activity, Bitcoin Cash projects, UTXO development, and general crypto musings.

40
$ 20.39
$ 13.37 from @molecular
$ 1.98 from Anonymous user(s)
A
$ 1.00 from @MarcDeMesel
+ 21
Avatar for GeneralProtocols
Written by   299
1 year ago (Last updated: 1 month ago)
Enjoyed this article?  Earn Bitcoin Cash by sharing it! Explain
...and you will also help the author collect more tips.

Comments

That was a great news to hear,an excellent article thanks general protocols.Bitcoin cash is going surround the world under their control

$ 0.00
1 year ago

That was a great news to hear,an excellent article thanks general protocols.Bitcoin cash is going surround the world under their control

$ 0.00
1 year ago

awesome. congratulations on hiring Rosco and Marcel, they seem to be awesome additions.

$ 0.00
1 year ago

Wow! Congratulations gents! 👏🎉 This is Bitcoin's new all-star team for sure..

Such a great a month for Bitcoin Cash; and with the upcoming Halvening, I'm nothing but BULLISH! 🤩

$ 0.00
1 year ago

Bitcoin Cash halvening has already taken place.

$ 0.10
1 year ago

Bitcoin Cash halvening has already taken place.

yes, of course .. i should have clearly stated, "The Halvening", the one that get em' all hoppin' like rabbits 🤣

i'd say by Aug, we should be in a full frenzy

$ 0.00
1 year ago

Interesting

$ 0.00
1 year ago

'This is a giant leap in the Bitcoin Cash ecosystem" Your valuable contributions to the growth of BCH is highly recognized!

$ 0.00
1 year ago

Wow. Interesting as well as great news. Well done. Hope to see more.

$ 0.00
1 year ago

Good write up sir. Bitcoin is good and the best business to invest on. Thanks to Mr satoshi for bringing it to existence.

$ 0.00
1 year ago

An excellent article. Thanks to Mr satoshi for introducing Bitcoin platform to the world.

$ 0.00
1 year ago

Nice work, good to see a growing BCH ecosystem.

$ 1.00
1 year ago

very good article and resourceful coolbuddy as well nice topic good articles get more respect

$ 0.00
1 year ago

Former Bitcoin.com employees Rosco Kalis

Really cool! Though I hope Rosco will find time to work on CashScript still!

$ 1.00
1 year ago

Well done guys!

$ 0.00
1 year ago

Thank you!

$ 0.00
1 year ago

Wow Awesome!

$ 0.00
1 year ago

This is a big step for BCH. Thank you for the article!

$ 0.00
1 year ago

Well done! Congratulations!

$ 0.00
1 year ago