Shodai Network Raises $2.5 Million in Seed Funding to Rewire How Capital is Distributed in Web3
Wyoming, United States, November 12th, 2025, Chainwire
Shodai Network, a pioneering platform and community dedicated to solving crypto’s pervasive fundraising problems, opened early access to its flagship founder network. The venture is backed by $2.5 million of funding from Consensys Software Inc., the company behind MetaMask and Linea, as well as Consensys Mesh and Joe Lubin. Co-founders include Consensys alum Simon Brown (CEO), Dr. Michael Norman (CSO), Bryan Peters (CPO), and Victor Leipnik (CTO).
This investment will enable Shodai Network to grow its founder network, further develop its fundraising-support platform, and offer resources for web3 builders, fostering a new era of aligned capital and sustainable innovation.
For over a decade, the cryptocurrency sector has grappled with the challenges posed by misaligned capital structures—often referred to as “toxic capital.” This form of funding can create conflicting incentives among core stakeholders: founders and teams, investors, and users. The effects have been evident across the industry, contributing to poorly structured tokenomics, weakened community trust, unsustainable business models, and the premature closure of numerous projects due to misaligned financial frameworks.
Shodai Network is a collection of founders, builders, and crypto veterans committed to a new approach to capital formation, founder support, and protocol growth. Through its founder network, Shodai will help early-stage builders find resources, connect with other founders, and scale with intention. Through its product arm, Shodai is focussing on research and development of new fundraising technologies and open-source capital formation tools to align day 1 incentives between protocol builders and their investors.
“There has never been an ecosystem as rich with opportunity as crypto. Yet, some things are fundamentally wrong with crypto today, and we believe the culprit and the cure are the same: capital,” said Simon Brown, Co-founder and CEO of Shodai Network. “Toxic capital has undermined so many promising projects and communities, and continues to hinders growth and impact across the space. We believe Shodai Network will create capital structures that are more sustainable and more fair for founders and communities.”
The network’s mission is to empower founders to raise healthy capital with fully aligned incentives, partners, and support. By focusing on capital as both the enemy and the cure, Shodai Network aims to realign participants towards a shared vision, moving beyond short-term gains and speculative narratives.
“Properly-structured capital is critical to true innovation. One capital misstep early in a protocol’s formation can cause it to veer off course for years,” stated Joe Lubin, CEO of Consensys, co-founder of Ethereum and Chairman of SharpLink. “Shodai Network’s approach resonates deeply with the foundational ethos of Ethereum and Consensys. It offers a path for new and veteran web3 founders alike, to build projects from the ground up with integrity and lasting value.”
According to Bryan Peters, CPO of Shodai Network:
“The solution isn’t more money; it’s better money. Billions have been poured into crypto, yet a substantial portion of that has been lost or squandered under the forces of short-term gain, speculative attitudes, and market maker shenanigans. Shodai Network is providing the tools, support, and relationships necessary for founders to secure capital that truly serves their vision, rewards their investors, and impacts their users.”
About Shodai Network
Shodai Network is dedicated to empowering web3 founders by providing support and solutions for raising healthy, aligned capital. By addressing the pervasive issue of “toxic capital” in crypto, Shodai aims to foster sustainable innovation and realign incentives among participants across the crypto ecosystem. They are actively calling for the first generation of founders to join them in forging an alternative path to the current crypto status-quo. The vision is ambitious, similar to what many in the space have started calling a network state. It involves novel fundraising tools, community bootstrapping tools, and comprehensive support, enabling founders to build projects with integrity and lasting impact.
Web: shodai.network
Disclaimer: Not an offer or solicitation. This communication is for general information only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, digital assets, or other financial instruments or services, in any jurisdiction. No offer or sale of any securities will be made by means of this communication.