Nexus Embassy US, founded in 2014, is pioneering an open-source blockchain solution designed to bolster decentralization, innovative applications, and responsible values. Their slogan, "Developing open-source blockchain to support decentralization, innovative applications, and responsible values," encapsulates their mission.
Nexus operates as a peer-to-peer network offering cryptocurrency and contract technology aimed at providing an alternative to conventional systems. It is structured into three distinct entities known as Embassies, located in the US, UK, and Australia, each operating as a nonprofit for technological and business advancement as well as educational purposes. These Embassies do not possess any owners and rely on a volunteer board of directors supported by creatives and delegates.
The company's last funding round secured a $2.00M seed investment on 01 August 2024. Key investors included Maven Capital Partners, Animoca Brands, Jump Crypto, SkyVision Capital, GameFi Ventures, Aquanow, Virtua Partners, Enzac Research, Oracles Investment Group, Good Games Guild, RR2 Capital, Atesis Capital, and Avocado Guild.
