The developer of the Web3 investing application Dopamine, Web3Intelligence, has raised $4.5 million prior to the release of its native token, DOPE.
According to an email notification on Thursday, DAO MAKER, Shima Capital, and Gate.io were among the investors that took part in the private investment round.
In the realm of decentralized finance (DeFi), DOPE will function as a utility token to get access to Dopamine, which offers an engaging gamified investing experience. According to the announcement, the token will be accessible on well-known centralized and decentralized exchanges in Q1.
The anti-money laundering (AML) infrastructure of Web3Intelligence, which rates Web3 wallets according to their compliance and encapsulates it on-chain in the form of non-fungible tokens (NFTs), would also be accessible to institutions holding DOPE.
The goal of Web3Intelligence is to provide AML data to institutions so that their customers may feel secure knowing that they are adhering to the same compliance rules as those in conventional finance.
Karim Chaib, CEO of Web3Intelligence stated:
“Because we aggregate and standardize AML information, we can provide a comprehensive view of web3 wallets that meets the standards expected of compliance officers, as well as users seeking a holistic understanding of their digital asset portfolios.”