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.
Location: United States, New York
Employees: 11-50
Total raised: $3M
Founded date: 2018
Investors 13
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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 | Source |
| 14.07.2023 | “The People’s Coin” Spacemesh Launches Following Five Years ... | Get the latest Bitcoin News on The Bitcoin News Our Social Networks: Facebook Instagram Pinterest Re... | thebitcoin... |
| 14.07.2023 | “The People’s Coin” Spacemesh Launches Following Five Years ... | Tel Aviv, israel, July 14th, 2023, Chainwire Spacemesh is proud to announce today, that after five ... | finbold.co... |
| 29.10.2021 | Почему сооснователь Wasmer ушёл из компании?... | 4 октября 2021 года — последний день работы одного из основателей Wasmer в компании. Wasmer — старта... | habr.com/r... |
| 08.05.2018 | Term Sheet — Tuesday, May 8 | VALUATIONS TO THE MOON Good morning, Term Sheet readers. Paid Content Securing the enterprise withou... | fortune.co... |
| 07.05.2018 | Spacemesh Raises $3M in Seed Funding | Spacemesh, a North Pole, AK-based fair blockmesh operating system, raised $3m in seed funding. Backe... | finsmes.co... |