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The fundraising spherical was extra sophisticated than a typical “money in, fairness out” association. The corporate issued an iZUMi zk-Fund via strategic associate Solv Protocol that may be a semi-fungible token, or SFT. Buyers who buy the fund obtain an SFT of their pockets to characterize their share, making them a restricted associate of the fund. Upon maturity, buyers can redeem the SFT for his or her principal.
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