The superfluid finance which is an ethereum money streaming platform has raised $9million in a seed funding round, this current round was reportedly led by multicion capital with partners like semantic ventures, Defi capital, Delphi digital, Defi alliance, Divengence ventures and others like Angel investor, Balaji, srinivasan, Ryan selkis of messari, stani kelechov of Aave.
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This recent rejection of capital will help super fluid grow it's team and build an ecosystem of new real time financial applications and this was said by francesco george renzi, this application is said to allow money flow in real time, including subscription payment, salaries and rewards with single on chain transaction.
It is currently live on ethereum, polygon and xDai network using an ERC-20 token called super, it allows users to perform tasks in a single transaction said by renzi.
Renzi said,"For example a user wants to donate to a few different open source project on a regular basis well the first thing you will need to do is get your hands on a super token like for example daix on polygon which could be done by upgrading or updating your existing Dai token using superfluid a process much like wrapping ethereum in to WETH.
Good Things About Superfluid
Superfluid only requires a simple transaction to initiate a money stream and there are no transaction fees on a go - forward basis, unlike payment channels the users don't have to keep it fully funded with superfluid and with that the protocol helps with capital efficiency according to Renzi it therefore unlocks an entirely subscription based economy on chain which is never seen before technology he said.
According to Renzi,"Superfluid has employees in the full time department and per time departments and the project is looking to hire more workers atleast eight more people across marketing, developer relations and engineering functions.
