Tech
DIV Protocol raises €50,000 to revolutionize online data security
December 11, 2024
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DivProtocol

DIV Protocol raises €50,000 to revolutionize online data security
Digital Identity Vault (DIV), the innovative startup specialized in securing and verifying online data via NFT technology, announced the successful closing of its first fundraising round. The company raised €50,000 in love money, a crucial step for its future development.
Although modest in appearance, this fundraising represents a significant step forward for DIV Protocol. It will enable the company to achieve key milestones:
- Development of the proof of concept (POC) and launch of the MVP (Minimum Viable Product)
- Coverage of necessary legal fees
- Initiating the first marketing campaigns
Gaspard BONNOT, CEO of DIV Protocol, explains:
"This round of financing is perfectly in line with our philosophy of reasoned growth. We firmly believe that a startup should raise funds in line with its real needs, without unnecessarily diluting its capital."
Composition of investors
The fundraising attracted 19 investors, with tickets ranging from €1,000 to €5,000, for an average investment of €3,400.
Composition:
- 47% financial experts (VCs, traders, CFOs, etc.)
- 36% IT professionals
- 17% other sectors (real estate, aviation, etc.)
Contrary to popular belief about love money, only 6% of funds came from friends and family, highlighting the project's strong appeal to professionals.
CEO's statement
"We're delighted with the trust placed in us by these astute investors. Their support validates our vision of an innovative solution to secure online data via blockchain and NFT technology."
DIV Protocol is committed to using these funds effectively to develop its cutting-edge solution, offering maximum data security while ensuring user control and regulatory compliance.
The team promises regular updates on project progress in the coming weeks.
With this first step successfully completed, DIV Protocol is more determined than ever to become a major player in digital data security.
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