What is 1INCH

1. Project Introduction
1inch is a decentralized exchange (DEX) aggregator that helps users find the best possible trading rates and the lowest fees by sourcing real-time pricing data from multiple DEXs. This allows traders to execute orders across various platforms seamlessly, eliminating the need to manually compare prices across exchanges, and capturing optimal market opportunities all in one interface.
2. Team & Investment Info
1inch was founded by Sergej Kunz and Anton Bukov.
Sergej Kunz: Co-founder; CEO of Bulktrade GmbH, former software engineer at Porsche AG and mimacom ag.
Anton Bukov: Co-founder; former senior smart contract engineer at NEAR, chief blockchain engineer at MultiToken, and developer at BitClave. He also held engineering roles at Acronis and Machine Learning Works.
Funding:
August 2020: Raised $2.8M from Binance Labs and others.
December 2020: Secured $12M Series A led by Pantera Capital, Blockchain Capital, and others.
December 2021: Closed a $175M Series B led by Amber Group with participation from Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital, and Gemini Frontier Fund.
3. Social Media URLs
X: https://x.com/intent/follow?screen_name=1inch
Telegram: https://x.com/intent/follow?screen_name=1inch
Discord: https://discord.com/invite/1inch
Medium: https://blog.1inch.io/
YouTube: https://www.youtube.com/channel/UCk0nvK4bHpteQXZKv7lkq5w
4. Token Info
Token Symbol: 1INCH
Total Supply: 1,500,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://etherscan.io/token/0x111111111117dc0aa78b770fa6a738034120c302
Token Distribution:
Network Security & Protocol Maintenance: 30%
Core Team & Future Employees: 22.5%
Ecosystem Development: 21%
Investors & Shareholders: 19.5%
Advisors: 5%
Early Mooniswap Liquidity Providers: 2%
5. Related Links
Official Website: https://1inch.io/
White Paper: https://portal.1inch.dev/documentation/overview
LinkedIn: https://www.linkedin.com/company/1inch/?originalSubdomain=vg
Other Info: https://www.rootdata.com/Projects/detail/1inch?k=MTIzOQ%3D%3D