TokenInsight news, Agoric, a Cosmos-based smart contract platform, has closed a $32 million funding round through a token private placement, along with the launch of its mainnet, AMM and native stablecoin $RUN. Its investors include Polychain, Naval Ravikant, Placeholder, NGC Ventures, Spartan Group and others. Spartan Group and others. The funds raised will be used to build and grow its developer community.
Agoric will reward early developers with its native Build ($BLD) token, said Dean Tribble, co-founder and CEO of Agoric.