On-chain points startup Stack completes US$3 million in seed round financing, led by Archetype

Stack, a startup company for on-chain points, has completed a $3 million seed round of financing, led by venture capital firm Archetype, with participation from Coinbase Ventures, Scalar Capital, A.Capital, Balaji Srinivasan, Nadav Hollander, Henri Stern, Cooper Turley, and Colin Armstrong.

It is reported that Stack has built a framework for distributing and tracking points on the chain, including point distribution, rankings, and trustless token exchanges. Users can exchange points for ERC-20 tokens, ETH, or other assets.