Memecoin News: Bybit-Backed Printr Raises $4.5M to Revolutionize Memecoin Launches

Printr raised $4.5 million to create a cross-chain memecoin platform integrating liquidity between blockchains to give creators innovative power.

Printr, a Bybit-backed company, has raised $4.5 million to roll out a revolutionary cross-chain memecoin platform. As the startup approaches the launch of its chain-abstracted token launchpad, it will secure this capital.

Printr attempts to solve a major issue in the crypto market, which is fragmented liquidity. Token developers traditionally launch on a single blockchain and later bridge to others, which fragments liquidity and community participation.

The solution created by Printr allows creators to issue tokens on various chains, connecting liquidity and communities with one button, bridging and cross-chain swaps.​

Unlocking Multi-Chain Potential with One Click

Printr is the inaugural project that Bybit Venture Studio backed via its new opportunity to empower early-stage Web3 projects. 

Fed is a co-founder of Printr, who also emphasized the benefit of Bybit having a broad Web3 base, liquidity, and worldwide presence.  This joint venture is essential in the expansion of token production globally at launch.​

The business model of the platform comprises a 90% revenue-share scheme and a system of points that will motivate creators, traders, and referrers. 

This will motivate active engagement and will make sure that stakeholders have a direct benefit from the ecosystem engagement. 

The launchpad by Printr introduces a unified business to the world of DeFi token creation of tokens. It supports the introduction of memecoin on multiple blockchains simultaneously, facilitating access to the markets right at launch and increasing them to more than a dozen. 

The innovation aims to redefine token issuance across the fragmented blockchain ecosystem by making hybrid liquidity solutions central to success.