The first phase of Session Token’s strategic sale is complete. $2.4M USD was raised as part of a seed round lead by DACM, with participation from King River Capital, Paperclip Partners, Upside DAO, TeePee Capital and North Rock Digital, alongside value-aligned angel investors passionate about Session's mission to provide truly private, sovereign decentralized communications infrastructure.
36M SESH was reserved for sale before TGE to strategic parties committed to supporting and growing the Session ecosystem. 12M tokens were sold as part of this round. The remaining 24M SESH is allocated to the second phase of the strategic sale.
For more information about SESH tokenomics, please see this overview.
$2.4M Raised in Session Token Seed Round
December 15, 2023 / Admin
$2.4M USD was successfully raised as part of the first phase of Session Token’s strategic sale.