Blockchain startup Decentology secured $4.3 Million in Seed funding

Decentology, a California based blockchain startup planning to build the Hyperverse, an open, blockchain-agnostic, decentralized marketplace for composable smart contracts, has recently secured $4.3 million in a seed funding round.

Decentology was founded by Nik Kalyani. It is the innovative company behind Hyperverse, the open, composable smart contracts marketplace that makes it easy for the developers to discover, monetize and discover web3 applications. Hyperverse is the evolution of the DappStarter, Decentology’s blockchain agnostic code generation platform for the web2 developers.

Nik Kalyani, Decentology co-founder, and CEO, said, "We have a bold vision to expand our innovative solutions for smart contract development, discoverability, monetization and security with the Hyperverse as we onboard the next 10 million Web 2.0 developers to Web 3.0 with the support of our community".

Marat Mukhamedyarov, Founding Partner at Good News Ventures, said,  "Decentology's novel method of introducing monetization for developers of decentralized apps we believe is a game changer for the adoption of blockchain and have the conviction that they are poised to win".

The round was backed by the Dapper Labs, Good News Ventures, Borderless Capital, Synaps, Kosmos Capital, Berezka DAO, and Animal Ventures.

The blockchain startup, as of now, plans to use the new funds to add Flow, Ethereum  and Algorand blockchains to the Hyperverse, notes the announcement.