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Marquee Completes $1 Million Seed Round Funding for its Web3 Insurance and Derivatives Project

Marquee, a Web3 insurance, options, and other derivatives project, announced that it had successfully completed a seed round funding of $1 million. The funding round saw joint investments from Cryptogram Venture (CGV), Chain Capital, Waterdrip Capital, Bitrise Capital, ZC Capital, and Coinw Ventures.

Marquee is a decentralized insurance project that allows users to purchase token price insurance or smart contract insurance in order to protect themselves against digital asset price fluctuations or security vulnerabilities. By becoming insurance underwriters, users can also earn multiple rewards.

Marquee is committed to decentralization and uses a combination of DAO governance and smart contracts to create a DeFi insurance, options, and other derivatives platform that is accessible to everyone.

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