December 11, 2024
Commonware, a blockchain-focused platform aiming to revolutionize how blockchains are constructed, has raised $9 million in a seed funding round. The round was led by Haun Ventures, with participation from Dragonfly Capital and a network of seasoned industry builders. This funding positions Commonware to introduce innovative development practices that prioritize flexibility and efficiency, challenging traditional frameworks in blockchain technology.
The project, described as an "anti-framework," proposes a new approach to blockchain design that deviates from conventional methodologies. Commonware seeks to streamline blockchain construction, targeting long-term scalability and adaptability. The funding will enable the platform to enhance its offerings, foster community engagement, and solidify its role in advancing blockchain infrastructure for the coming decade.
About Commonware
Commonware is a blockchain development platform aimed at rethinking how blockchains are built. By focusing on a modular and adaptive design, the platform allows developers to construct blockchain systems tailored to specific use cases, enhancing both efficiency and scalability. Commonware's goal is to provide a robust alternative to traditional frameworks, catering to the evolving demands of the blockchain industry.
Website: https://commonware.xyz/
X: @commonwarexyz
About Investor
Haun Ventures
Haun Ventures is a venture capital firm dedicated to fostering blockchain innovation. The firm focuses on projects that redefine the future of technology and decentralized systems.
Location: San Francisco, California
Website: https://www.haun.co/
Dragonfly Capital
Dragonfly Capital is a global venture capital firm specializing in the blockchain and cryptocurrency sectors. The firm invests across all stages of development, supporting startups that advance blockchain adoption and innovation.
Location: San Francisco, California
Website: https://www.dragonfly.xyz/
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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