Blockchain social platform SynchroLife expands the company and raises a new round of financing of US$2.6 million!

Source: The Block 2020-06-03

Japan's blockchain-based restaurant recommendation platform SynchroLife is preparing to issue the token SynchroCoin to reward platform users. The company has now raised $ 2.6 million in Series A financing .

This round of financing was led by MTG Ventures , with participants including Giftee, Orient Corporation, Ceres, Sansei Capital Investment and Mitsubishi UFJ Capital.

With the new capital in place, SynchroLife plans to further develop its platform to increase brand awareness. SynchroLife has collected more than 210,000 restaurant reviews for more than 100,000 restaurants.

SynchroLife rewards users with "SynchroPoints" loyalty points, which can be exchanged for SynchroCoin at a 1:1 ratio . The company said that SynchroCoin can also be used to pay in restaurants in the future.

In 2018, the company raised $720,000 in the seed round. SynchroLife's total funding reached US$3.7 million .

SynchroLife

financing

SynchroCoin

Blockchain

MTG Ventures

Blockchain social platform SynchroLife expands the company and raises a new round of financing of US$2.6 million!

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