Web3 token protocol Gateway closed a $4.2 million seed round led by Reciprocal Ventures, with participation from 6th Man Ventures, Spartan Group, Figment and others, as well as angel investors including Polygon’s Sandeep Nailwal and Messari’s Ryan Selkis. participated in this round of financing. It was revealed that Gateway began fundraising early last year and closed it in the second quarter, but opted to announce it now due to the previous year’s crypto debacle. Gateway was founded in 2021 by Rahman and Sanket Jain to enable decentralized credential issuance and maintenance. Since its inception, it has issued over 500,000 tokens, most of which (over 300,000) were minted as NFTs.