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OdailyChina

The open-source economic infrastructure Merit Systems has completed a seed round financing of 10 million USD, led by a16z crypto and Blockchain Capital. Investors include Solana co-founder Toly, Not Boring Capital founder Packy McCormick, Farcaster co-founder Dan Romero, and Framework Ventures co-founder Vance Spencer. The raised funds will be used to accelerate the development of the open-source economy.

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