Munchies

This startup develops a decentralized finance platform that utilizes Ethereum blockchain and smart contracts to enable users to collateralize their crypto tokens for fiat currency through Brazil's fast payment system. By providing a mechanism for stabilizing debt positions, the platform addresses the challenges of liquidity and access to traditional financial services for cryptocurrency holders.

Traction –/10

Brazil · HQ

6300+ followers

Blockchain & Cryptocurrency
Financial Technology
Web3 & NFTs

Updated 5 months ago

Funding

Raised to date

$7.5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

3 founders

João Machado

Front-end Engineer

Mau Alves

Builder

Tashrique Heradien

Product

Features

This startup develops a decentralized finance platform that utilizes Ethereum blockchain and smart contracts to enable users to collateralize their crypto tokens for fiat currency through Brazil's fast payment system. By providing a mechanism for stabilizing debt positions, the platform addresses the challenges of liquidity and access to traditional financial services for cryptocurrency holders.