Diligence memo · auto-generated · as of July 2, 2026

Hashgreed

Hashgreed looks over-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Hashgreed operates in Crypto / Web3, based in Nigeria, Africa. Nigeria’s Hashgreed, an NFT marketplace, multipurpose NFT and super dapp platform under the Krosscoin Ecosystem, has recently raised more than US$1 million in funding towards scaling across Nigeria and beyond.

Sub-sector tags: crypto/web3.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Hashgreed has raised $1.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).

Largest single filing: $1.0M on 2022-07-26.

Most recent recorded round closed around 2022-07-26.

Valuation (modeled)modeled

Provath models Hashgreed at approximately $15M (range $547K–$89M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.95× the median modeled value of Pre-Seed Crypto / Web3 companies in 2022–2024 (13 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 3.9 yr ago; this sector typically re-raises about every 7 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 55% of Crypto / Web3 peers (196 compared).

Modeled value ranks above 54% of those peers.

Closest niche peers: Nestcoin, NIL-NFT Holdings, Inc., Crypto Colo Center Corp, Crypto Caverns, LLC, Gaingels Flipside Crypto LLC.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.