Croatian Startup Blockademia Raises Over 2 Million Euros in a Private Sale

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Application for issuing and authentication of documents has already been recognized by partners at home and abroad, with upcoming expansion into the market of the Arabian gulf.

Croatian startup Blockademia, an innovative solution that aims to end falsified documents, closed the private sale with 2.25 million euros of raised funds. Blockademia dApp, built on Cardano blockchain technology, allows issuing and authentication of documents and is now entering the early sale of its native ACI token, to be followed by community sale.

Blokademia continues to raise funds with early sale T1 until November 22 in which investors will have access to 12.5 million tokens at 0.20 euros. Early sale T2 starts on November 22 and lasts until November 28 with 20 million tokens at 0.25 euros available. Finally, a community sale will run from November 25 until December 5 during which Blockademia will offer 37.5 million tokens at 0.30 euros. Funds will bring the startup one step closer to its goal – a world without falsified documents.

“The successful completion of the private sale is a sign that investors have recognized the quality of Blockademia and what our dApp will offer. We will use the funds raised to strengthen our team and launch the Blockademia dApp on the mainnet by the end of next year. We are extremely pleased with the great interest of partners and franchisors. We already have over 10 collaborations and are in the process of concluding new and exciting ones,” said Marin Kramarić, Blockademia CEO.

On November 15, the Croatian startup closed a private sale with 15 million native Cardano ACI tokens sold. But what’s even more impressive is that Blockademia also announced over 10 concluded partnerships and presence in the Gulf Cooperation Council countries – Bahrein, Kuwait, Oman, Qatar, Saudi Arabia and the UAE, through a franchising model.

About Blockademia

Blockademia is the first proof-of-truth Cardano-based solution for issuing and checking the authenticity of issued documents. The startup will enable the verification of documents issued by educational institutions such as universities, high schools, primary schools, adult education institutions, and all other issuers that need to protect their documents against forgery.