# BlockPunk

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blockpunk

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.blockpunk.net/
- Total disclosed funding: $1M
- Latest round: Seed (Jan 2, 2019)
- Investors on record: 6

## About

Based in Japan, BlockPunk operates a decentralized platform focusing on blockchain solutions and innovations within the cryptocurrency space.BlockPunk was founded in 2018 and is headquartered in Singapore. The company has undergone no known pivots in business strategy and does not operate as a subsidiary of any parent company. The founder's history is not disclosed, and there are no mentions of previous companies established by the founder. In its most recent funding round, which occurred on January 2, 2019, BlockPunk raised USD 1.03 million in Seed funding, led by SeedPlus with participation from other investors, including DLE CAPITAL Inc., Dai Nippon Printing, Entrepreneur First Operations Limited, Hustle Fund, and SGInnovate. The total amount raised by the company to date is USD 1.03 million, with a current company valuation of USD 3.87 mn.Blockpunk.net is currently positioned as a domain for sale, with no actively marketed products or services available. The primary focus of the website is to attract potential investors or buyers interested in acquiring the domain for their own business endeavors. Given its status as a parked domain through Sedo Domain Parking, the site does not serve a specific customer base nor directly provide end-user services. Therefore, there are no defined use cases, target demographics, or geographical markets associated with products as the domain exists solely as an investment opportunity.In the most recent fiscal year of 2019, BlockPunk reported a revenue amount of USD 146,660.80, while the EBITDA recorded was USD -599,833.70. The revenue model is contingent upon the sale of the domain itself, with an asking price of USD 2,880. The transaction structure is primarily a direct sale to interested buyers, with no subscription services or recurring revenue streams.In January 2019, BlockPunk raised USD 1.03 million in Seed funding, which will be utilized to enhance their digital presence and potentially explore new blockchain innovations. Although specific upcoming products or new markets have not been publicly detailed, the recent funding provides opportunities for broader market expansion and the development of new solutions within the blockchain sector.

## Funding rounds

- Seed, Jan 2, 2019, $1M — Dai Nippon Printing, Entrepreneur First Operations Limited, Hustle Fund, SeedPlus, SGInnovate, DLE CAPITAL Inc.

## Investors

- Dai Nippon Printing — Seed
- Entrepreneur First Operations Limited — Seed
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed
- SeedPlus (https://capitalatlas.ai/funds/seedplus) — Seed
- SGInnovate (https://capitalatlas.ai/funds/sginnovate) — Seed
- DLE CAPITAL Inc. — Seed