# XProtocol

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

- Industry: Internet
- Headquarters: George Town, Cayman Islands
- Website: www.xprotocol.org/
- Total disclosed funding: $0.8M
- Latest round: Seed (Jun 27, 2024)
- Investors on record: 2

## About

Based in Cayman Islands, XProtocol operates as a company that utilizes Base's Superchain technology, a modular entertainment-powered chain focused on gaming, entertainment, and artificial intelligence applications. In June 2024, XProtocol raised USD 0.80 million in seed funding from Cogitent Ventures and Zephyrus Capital.

The company's primary project, XProtocol, is a decentralized platform that integrates Layer 3 (L3xprotocol), Layer 2 (L2base), and Layer 1 (L1eth) protocols. This multi-layered approach offers a foundation for developers to create games with player-driven economies. The firm’s key feature is its decentralized approach, which focuses on community involvement and enhances network security. XProtocol’s early supporters and backers have the opportunity to participate in the network by operating a node, thereby earning the native token, $KICK. 

The organization plans to use the June 2024 funding to support its expansion and development.

## Funding rounds

- Seed, Jun 27, 2024, $0.8M — Cogitent Ventures, Zephyrus Capital

## Investors

- Cogitent Ventures (https://capitalatlas.ai/funds/cogitent-ventures) — Seed
- Zephyrus Capital (https://capitalatlas.ai/funds/zephyrus-capital) — Seed