BugsCoin Secures $12M Series A To Lead Web3 Financial Education, $BGSC Jumps More Than 9%

- BugsCoin announced the completion of a $12 million Series A funding round. - Bugscoin allows users to earn $BGSC tokens as rewards while practicing and developing their financial strategies.

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Meghna Chowdhury
Meghna Chowdhury
Meghna is a Journalism graduate with specialisation in Print Journalism. She is currently pursuing a Master's Degree in journalism and mass communication. With over 3.5 years of experience in the Web3 and cryptocurrency space, she is working as a Senior Crypto Journalist for UnoCrypto. She is dedicated to delivering quality journalism and informative insights in her field. Apart from business and finance articles, horror is her favourite genre.

On April 11, BugsCoin announced the completion of a $12 million Series A funding round. The investment came with support from Becker Ventures, Castrum Capital, BullPerks, DuckDAO, Maxx Capital, and an Asia-based family office. 

This funding round also included infrastructure acceleration support to boost the platform. BugsCoin is a Web3-based financial education platform that connects blockchain technology with real-world skills.

BugsCoin Secures $12M Series A Funding

The platform offers a risk-free simulated trading environment for users. Learners gain practical financial skills under realistic market conditions. 

Users earn $BGSC tokens as rewards while practicing and developing their financial strategies. Such incentives position BugsCoin as a leader in hands-on educational innovation.

Business Model and Future Plans

BugsCoin focuses on global expansion and localized financial education programs. The platform is dedicated to upgrading its decentralized asset management protocol, BugsFunded. 

It is working on the development of artificial intelligence-powered smart advisory tools. Optimizing tokenomics and creating new ecosystem use cases remain high priorities for the team. 

Recently, BugsCoin burned 50 billion BGSC tokens as part of a deflationary economic strategy. The token is now listed on major exchanges, where over 120,000 users actively engage every day.

Also Read: Uniswap Community Approves $165.5M Funding And Fee Switch Activation Plan

The company believes that its innovative approach will shape the future of Web3 financial education. With the integration of simulated trading and tangible rewards, BugsCoin bridges traditional finance and blockchain education. 

The platform continues to improve its learning tools and expand its market reach. This funding round underlines the growth potential of the EduFi sector.

Increased Market Funding for Blockchain Projects

The announcement by BugsCoin comes at a time of overall growth in blockchain project funding. Towns Protocol, a decentralized communication platform, recently completed a $10 million Series B round. The project focuses on building on-chain social infrastructure to support decentralized interactions. 

Meanwhile, Halliday, a blockchain payment firm, raised $20 million in its Series A round. Leading venture capital firm a16z spearheaded Halliday’s funding, showing strong investor trust. These funding rounds indicate increased market activity in blockchain and Web3-related ventures.

The recent funding achievements demonstrate a widening interest in technology innovation across multiple sectors. Investors are targeting platforms that merge practical utility with cutting-edge decentralization. 

The boost in investments reflects a growing confidence in blockchain applications. This trend indicates that the digital asset ecosystem is moving toward broader adoption and improved standards.

BugsCoin’s Price Actions

Just after the news came out, the official token of the platform, BGSC, jumped 9.61% in the last 24 hours. The global market cap is at $53.62 million. The 24-hour trading volume is also up by 2.67%. This shows driving investors’ interest.

The successful Series A funding round reflects BugsCoin’s promise to transform financial education.

Also Read: Crypto Payment Firm RedotPay Completes $40 Million Series A Funding Led By Lightspeed

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