September 19, 2024
Bool Network, a provider of decentralized verification infrastructure, has successfully secured $2 million in seed funding. This achievement was announced on social media platform X, where the Bool team highlighted strong participation from key investors.
Project | Latest Raise | Latest Raise Date | Stage | Category |
|---|---|---|---|---|
Bool Network | $2M | September 19, 2024 | Seed Round | Bitcoin |
The seed round saw backing from several venture capital firms, including Antalpha Ventures, ViaBTC Capital, Cogitent Ventures, Spark Capital, Web3Port Labs, D11 Labs, Satoshi Lab HK, Sharding Capital, and CKBEcoFund.
About Bool Network
Bool Network is a decentralized platform designed to enhance Bitcoin’s scalability and security without changing its core consensus rules. It uses advanced technologies like Dynamic Hidden Committees (DHCs) and Ring Verifiable Random Function (Ring VRF) protocols to improve transaction throughput and address the blockchain trilemma. By providing a robust verification infrastructure, Bool Network aims to make Bitcoin a foundation for a truly decentralized and trustless financial system.
Website: https://bool.network/
X Followers today: 187,932
X Followers 30 days ago: 126,123
X Change: 61,809 (+49.01%)
About Investor
Antalpha Ventures, ViaBTC Capital, Cogitent Ventures, Spark Capital, Web3Port Labs, D11 Labs, Satoshi Lab HK, Sharding Capital, and CKBEcoFund.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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