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Ramper Raises a $3M Pre-Seed Round, Led by Hashed

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Ramper enables frictionless user-onboarding solutions on web3

Seoul, South Korea–(Newsfile Corp. – March 11, 2022) –

Ramper

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Ramper is currently only available on Terra with plans to support multiple chains in the near future, starting with Polygon & other EMV-compatible chains. Ramper is currently offering a beta partner program for developers to use its product free of charge in exchange for product feedback.

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There’s an immense gap between web3 adoption and the broader internet adoption today. Of the 5B active internet users that’s growing, only ~20M MAUs are using Metamask, the world’s largest non-custodial wallet. Coinbase, one of the world’s largest centralized exchanges, only has ~9M MAUs. “We imagine a world in which web3 is just like any other web applications – you just go and start using it seamlessly. To get there, we need solutions to make web3 user-friendly & accessible to all – enabling experiences that make digital ownership and identity truly human-centric.” – Sisun Lee, co-founder of Ramper.

Quote from Hashed

“Ramper is here to support everything that is required to accelerate mass adoption of Web3. The access to opportunities in crypto is still limited to very few. It is not enough for the crypto industry to just have ‘bank the unbanked’ or ’emerging markets adoption’ thesis. Ramper will do much-needed heavy lifting in removing friction points in Web3 adoption, one by one,” said Baek Kim, General Partner of Hashed.

Quote from Terra

“For the next generation of Web3 products to be successful, a seamless user experience starting with sign-on is essential. Delightful products that give the next billion users access to what the Terra blockchain can offer – from decentralized finance to the metaverse – need plug-and-play auth interfaces that work. We are excited to support infrastructure providers like Ramper that accelerate user adoption of applications built on Terra,” said Natalie Luu, Head of Ecosystem Development at Terra.

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For more information, visit https://www.ramper.xyz/

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About Ramper

Ramper’s mission is to onramp the next billion users onto web3. Ramper was founded to make web3 user-friendly, letting everyone around the world gain access to web3 without having to go through its complexity. Its co-founders are Sisun Lee, Hoa Mai, Karl Jin, and Chris Yang. Sisun was previously an entrepreneur in residence at Hashed where he spun out Ramper. Previously, he was a co-founder & CEO of More Labs, a nation-wide consumer brand company, and was a product manager at Facebook, Uber, and Tesla. Hoa was previously a software engineer at Google, Apple, and Amazon. Karl was previously an engineering manager at Compass and MakeSpace. Chris was previously a software engineer at Toss.

About Hashed
Hashed is a global, multi-billion venture fund focused on backing founders pioneering the future of blockchain and cryptocurrency. Led by serial entrepreneurs and engineers, Hashed is expediting global blockchain adoption through strategic investments and community building. Based in Seoul, San Francisco, Singapore, and Bangalore, Hashed has cultivated industry-defining web3 founders around the globe by accelerating teams such as Terra Money, Axie Infinity, Klaytn(Kakao) Link(Line), and The Sandbox. Hashed additionally operates metaverse studio UNOPND and a digital assets custody service KODA.

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Contact Information

Sisun Lee
Co-founder, Ramper Inc.
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116247

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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