Encrypted Web3 Email Marketing Service, EtherMail, Wants to Dethrone MailChimp – BitcoinKE

Published by Amirshop on May 25, 2023

EtherMail is a Web3 email solution for anonymous and encrypted wallet-to-wallet communication.

With EtherMail, companies can send rich content directly to their asset holders based on blockchain-synchronized real-time information. The service also enables fully anonymous P2P communication and rewards its users for reading relevant content in their inboxes.

Fresh off a $3M seed round and $4M pre-Series A funding a few months apart, Ethermail is expanding its solution to more B2B customers operating in the blockchain industry. This expansion becomes all the more necessary after the popular business email marketing service, MailChimp, recently decided to stop working with some companies and individuals in the blockchain sector.

Based on various reports, the following companies are among those affected:

MailChimp reportedly advised affected companies that the risk associated with their account was “too great for us to support sending”.

Ethermail, on the other hand, has stated that it has companies in mind when building it.

“Given the frequency with which holders are selling their crypto and NFTs, it is extremely difficult for projects to maintain direct contact with their asset holders.” explained EtherMail co-founder: Gerald Heydenreich, in a press release on the startup’s seed capital increase.

“We are at the forefront of innovation when it comes to wallet-to-wallet communication and are developing an industry-leading solution that will redefine email for the Web 3.0 era – fully user-centric, secure and anonymous.” Think Gmail plus MailChimp plus Blockchain, that’s Ethermail!”

Some of the popular messaging communities that blockchain companies and communities rely on, including Discord and Telegram, are vulnerable to phishing and exploits, and Etheremail aims to fill this gap in secure communications.

In particular, the team at Fabric Ventures, one of the main investors in the innovative platform, believes that Ethermail can combat phishing and exploits by using the security of the blockchain to authenticate the sender of a message.

The service also aims to help organizations proactively mitigate the risk of communications fraud by proactively notifying users of breaches and vulnerabilities while enabling self-updating mailing lists for community newsletter delivery based on up-to-date smart contract data.