Sarcophagus raised $1 M in a Seed Round round on 2021-11-07.

According to media reports, Sarcophagus raised $1 M in a Seed Round round on 2021-11-07.the investors in this funding round include Placeholder,Greenfield Capital,Blockchain.com,Coral DeFi,Kain Warwick,Luis Cuende and others. Following this round, Sarcophagus's total funding reached $10 M.

Sarcophagus is an autonomous and incentivized dead man's switch application built on Ethereum and Arweave. The protocol works by giving a person a series of actions to complete in order to verify they are alive. If the person does not perform the actions, the deadman's switch will be triggered. When creating their "sarcophagus", a user provides the Ethereum address that will access a file when the protocol is triggered, as well as a recipient's public address and the date to try opening the sarcophagus. Sarcophagus was incubated by Decent Labs.