QED
Trustless, privacy preserving, and hyper scalable. Built for Humans and AI.
Hong Kong, Hong Kong · Founded 2023 · $12.3M raised
- Headquarters
- Hong Kong
- Employees
- 11–50
- Founded
- 2023
- Business Model
- B2B
- Website
- qedprotocol.com
- Total Funding
- $12.3M
- Last Round
- $6.0M SeedJun 2024
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Psy Protocol (formerly QED Protocol) is a revolutionary Layer-1 blockchain engineered to address the core challenges of scalability, security, and user privacy using advanced zero-knowledge (zk) technology. At the heart of the protocol is its unique Proof of Useful Work (PoUW 2.0) consensus mechanism, where miners collaboratively perform valuable computational and data-storage tasks to enhance network efficiency, complemented by the zkPARTH architecture that supports millions of parallel transactions without bottlenecks. Backed by investors including Blockchain Capital, Arrington Capital, and the Stanford Blockchain Accelerator, Psy Protocol serves decentralized payments, Web2 integrations, gaming, and DEX applications while ensuring user privacy through local transaction verification.
Summary
QED is a Crypto & Web3 company based in Hong Kong, Hong Kong, founded in 2023. It has raised $12.3M in total across 3 rounds, most recently a $6.0M Seed round in Jun 2024. Investors include Blockchain Capital, Arrington Capital and UTXO Management.
Tech & App Stack
6 technologies & apps tracked
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Funding History
Jun 2024
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Funding: Seed. Amounts, valuations, and investors where available.
Investors
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