Sumi Network

Sumi Network

Communication, collaboration, and creation. Learn more

Employees
Market cap
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Enterprise valuation
AUD46m (Public information from Feb 2023)
San Francisco California (HQ)
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DateInvestorsAmountRound
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N/A

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$3.0m

Valuation: $30.0m

Seed
Total FundingAUD4.6m

Recent News about Sumi Network

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Sumi.Network is a pioneering platform that leverages NFT gated communications to enhance collaboration and messaging within Web3 communities. Operating within the decentralized finance (DeFi) and blockchain sectors, Sumi.Network serves NFT holders and blockchain enthusiasts who seek secure and efficient communication channels. The platform's core product, Sumi Notes, is a meta protocol that coordinates data transmission off-chain, supporting multiple protocols like IPFS. This allows for secure, wallet-to-wallet communication, ensuring privacy and reliability. Sumi.Network's business model revolves around providing subscription-based services to NFT communities and blockchain projects, generating revenue through service fees and premium features. The company aims to integrate with various Polkadot ecosystem teams to improve customer service processes and community interactions.

Keywords: NFT, Web3, decentralized, communication, blockchain, wallet-to-wallet, IPFS, Polkadot, meta protocol, collaboration.