Over the past few years, it’s been impossible not to notice that crypto has been on the rise. And yet, the people benefitting from crypto are overwhelming those who are already doing pretty well for themselves. What’s more: the most recognizable cryptocurrency is consuming massive amounts of energy at a time when we’re in the grips of a climate crisis.
But we say, enough is enough. It’s time to bring crypto and DeFi to the masses—without damaging the environment.
At Spacemesh, our mission is to build a layer-one crypto protocol with a resource that many ordinary people already have: unused computer storage space. Our protocol is also race-free, meaning that everybody gets their fair share of mining rewards. Low barrier to entry and proportional rewards means that nobody will ever be priced out, keeping coin distribution fair and ensuring decentralization.
This way, we’ll bring crypto to the masses.
But we say, enough is enough. It’s time to bring crypto and DeFi to the masses—without damaging the environment.
At Spacemesh, our mission is to build a layer-one crypto protocol with a resource that many ordinary people already have: unused computer storage space. Our protocol is also race-free, meaning that everybody gets their fair share of mining rewards. Low barrier to entry and proportional rewards means that nobody will ever be priced out, keeping coin distribution fair and ensuring decentralization.
This way, we’ll bring crypto to the masses.
Location: United States, New York
Employees: 11-50
Total raised: $3M
Founded date: 2018
Investors 14
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Funding Rounds 1
| Date | Series | Amount | Investors |
| 07.05.2018 | Seed | $3M | - |
Mentions in press and media 5
| Date | Title | Description |
| 14.07.2023 | “The People’s Coin” Spacemesh Launches Following Five Years of Research | Get the latest Bitcoin News on The Bitcoin News Our Social Networks: Facebook Instagram Pinterest Reddit Telegram Twitter Youtube |
| 14.07.2023 | “The People’s Coin” Spacemesh Launches Following Five Years of Research | Tel Aviv, israel, July 14th, 2023, Chainwire Spacemesh is proud to announce today, that after five years of work, they will at long last be performing network genesis on July the 14th at 08.00 UTC. Spacemesh chose the date of July 14th, w... |
| 29.10.2021 | Почему сооснователь Wasmer ушёл из компании? | 4 октября 2021 года — последний день работы одного из основателей Wasmer в компании. Wasmer — стартап, который разрабатывает очень популярную одноимённую среду выполнения WebAssembly. Речь пойдёт о том, чего автору статьи удалось достичь за... |
| 08.05.2018 | Term Sheet — Tuesday, May 8 | VALUATIONS TO THE MOON Good morning, Term Sheet readers. Paid Content Securing the enterprise without boundaries From ExtraHop My colleague Jonathan Vanian has the exclusive details: CEO Ajeet Singh declined to disclose the company’s privat... |
| 07.05.2018 | Spacemesh Raises $3M in Seed Funding | Spacemesh, a North Pole, AK-based fair blockmesh operating system, raised $3m in seed funding. Backers included BRM Group, iAngels, Alignment and Bancor. Spacemesh is building a blockmesh operating system powering a fair, distributed, secur... |