web3mine is a technology company.
web3mine has raised $6.0M across 1 funding round.
web3mine has raised $6.0M in total across 1 funding round.
web3mine is an open-source innovation lab and Web3 staking protocol building tools to transition humanity to community-owned and governed internet infrastructure, focusing on a decentralized marketplace for compute resources like storage and processing power.[1][2][3] It empowers hardware owners to monetize assets (e.g., hard drives for Filecoin mining) and stakers to provide capital, creating an open-access compute network that eliminates Web2 issues such as vendor lock-in, siloed tooling, and corporate power concentration.[1][2] Serving hardware operators, stakers, and decentralized network users, web3mine solves coordination challenges between capital and hardware, offering liquid staking with up to 25% APY while reducing crypto volatility exposure; it emerged from stealth with $6M seed funding and launched initial Filecoin offerings post-Alliance DAO accelerator.[1][2][5]
Founded by Vukašin Vukoje, web3mine is a Liechtenstein-based company that emerged from stealth in 2023, raising a $6M seed round led by 1kx and Protocol Labs, plus angel investors.[2][5] Vukoje identified Web2 cloud flaws—like data lock-in, slow innovation, high costs, and jurisdictional overreach—driving the idea for crypto-powered primitives to coordinate global resources for storage, compute, and liquidity.[2] As an Alliance DAO accelerator graduate, it gained early traction with its demo day, quickly launching Filecoin liquid staking products that optimize hardware scaling and pass savings to stakers.[1][4]
web3mine rides the decentralized physical infrastructure (DePIN) trend, democratizing compute and storage amid rising demand for Web3 alternatives to centralized clouds dominated by AWS and Google.[1][2] Timing aligns with Filecoin's maturity and emerging networks needing liquid staking, as crypto primitives enable global coordination to tackle "world’s hardest problems" like scalable, censorship-resistant infrastructure.[2] Market forces favoring it include crypto's growth in real-world assets, staking yields, and anti-monopoly sentiment; it influences the ecosystem by pioneering coordination layers, expanding open networks, and attracting institutional capital via backers like Protocol Labs.[1][5]
web3mine's Filecoin live product positions it for multi-network expansion, potentially dominating DePIN staking as adoption grows.[1][2] Trends like AI-driven compute demand and regulatory pushes for data sovereignty will accelerate its trajectory, evolving it from niche protocol to core Web3 infrastructure layer. With strong funding and operator momentum, expect broader hardware onboarding and higher yields, reinforcing its mission to redistribute cloud power to communities—echoing its origins in challenging Web2 giants.[1][2]
web3mine has raised $6.0M in total across 1 funding round.
web3mine's investors include 1k(x), Alumni Ventures, LGF, Not Boring Capital, Otherwise Fund, Patron, SRB Ventures, James Beshara, JD Ross, Julian Shapiro, Leore Avidar, Matteo Franceschetti.
web3mine has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in December 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2023 | $6.0M Seed | 1k(x), Alumni Ventures, LGF, Not Boring Capital, Otherwise Fund, Patron, SRB Ventures, James Beshara, JD Ross, Julian Shapiro, Leore Avidar, Matteo Franceschetti |