Primex Finance - Fundraising Challenge
Secured over $200,000 in funding through a KOL round, boosting both development and marketing initiatives ahead of the public token launch
About the project:
Primex Finance is an innovative DeFi protocol that aims to revolutionize cross-chain margin trading. It operates as a decentralized prime brokerage service, enabling users to access leveraged trading opportunities across multiple blockchain networks and decentralized exchanges. Primex's unique architecture allows traders to open positions on various DEXs while borrowing assets from different liquidity sources, all within a single, user-friendly interface.
Campaign goal/challenge:
Raise $150,000 through a SAFT agreements in the KOL round sale to fund development and marketing efforts before the public token launch.
Scope of work/services included:
- Capital Acceleration
- KOL feedback collection
- KOL investment collection
- SAFT signing between the project and KOLs
- Stats and reporting
Results:
- Secured $200,000 in funding, exceeding the target by $50k
- Connected with reputable KOLs and private investors
- Closed the KOL round successfully
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