Polkatrail successfully raised over 1M USD in 10x oversubscribed private sale

3 min readJun 8, 2021

Prior to launching Polkatrail, we’ve been staunch believers in the strength of blockchain technology and cryptocurrency and we are optimistic that it can bring significant improvements to the travel experience industry.

In reality, we believe that the inherent potentials in NFTs and DeFi are yet to be fully harnessed when it comes to serving its users. Therefore, through Polkatrail, we are pioneering a new type of traveling experience with an emphasis on DeFi and NFT and our long-term vision is to make sure Polkatrail becomes an application that is widely used by non-crypto as many blockchain-based applications are limited to crypto-holders. Polkatrail, we hope can break this pattern.

The objective of Polkatrail is to elevate the travel experience industry by combining some of the most trending blockchain technologies: NFT and DeFi. At the moment of pitching Polkatrail to potential investors, it was obvious to us we had a solid use case, an astute team and a clear vision, yet we were not sure of what the outcome of our approach would be, but we were caught unawares with the large turnout and the testimonies received from our partners and investors and we received commitments from these notable companies and rendered our private sale hardcap of over $1 million oversubscribed by 10x. This gave us the impetus to narrow down to those who could add value.

It’s indeed an honor to list below a constellation of our capital partners:

Exnetwork Capital, Axis LABS, BTA Ventures, SKYBRIDGE 20 VENTURES, ChinaPolka, AquaBlock Capital, CHAIN RIDGE CAPITAL, TAPCHBLOCKCHAIN.NET, TITANS VENTURES, AV, BMW Capital, POINT THREE VENTURES, WeBlock, OIG, Mint Labs, Skyblock Ventures, Spykefast Capital, AVStar Capital, Wolf capital, GF Capital, Wings Ventures, DeFi Summit, Lotus Ventures, TTTG Capital

We strongly believe that the lists mentioned above will create an enabling environment for Polkatrail to strive and succeed and will make it a strong global force to be reckoned with. Therefore, we would like to leap into the bridge and thank everyone who expressed their support and interest in our project. This indeed is the beginning of a successful journey for Polkatrail and we will work hard to deliver on our promises.

Now it is time to bring the traveling experience to a new level through NFT and DeFi.

About Polkatrail

Powered by Polkadot, PolkaTrail elevates the travel experience industry by offering a decentralized app that lets anyone lists accommodation, tours and other city travel experiences with no middleman or tech company capturing the value at the expense of owners and customers. It brings DeFi and NFT tech into the travel experience.

Learn More About Polkatrail:

Website: https://polkatrail.com/
Telegram (Group): https://t.me/polkatrail
Telegram (Announcements): https://t.me/PolkaTrail_Announcements
Twitter: https://twitter.com/polkatrail
Medium: http://polkatrail.medium.com/