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  • Writer's pictureMark S

NodeOps Secures Funding to Disrupt Node Orchestration with $5 Million Seed Round led by L1D

May 28, 2024


NodeOps, a leading provider of one-click node deployment solutions, announced today the closing of a $5 million seed funding round. The round was led by L1D, a prominent venture capital firm focused on blockchain technologies. Participation from other key investors, including Blockchain Founders Fund, Finality Capital, and several notable angel investors, further bolsters NodeOps' mission to simplify and revolutionize node infrastructure.


Project

Latest Raise

Latest Raise Date

Stage

Total Raise

Lead Investor

Category

NodeOps

$5m

May 28, 2024

Seed

$5m

L1D

Nodes


Streamlining Blockchain Infrastructure

NodeOps offers a user-friendly platform that streamlines node deployment for developers and node operators across various blockchain networks. This one-click solution removes technical barriers, allowing users of all levels to efficiently participate in the Web3 ecosystem.


Building a Sustainable Future

The funding will accelerate NodeOps' ambitious plans. The company intends to:

  • Expand Protocol Support: Integrate with a wider range of blockchain protocols, providing comprehensive node deployment solutions.

  • Empower Developers and Operators: Develop incentive mechanisms that reward developers and node operators for their contributions to the network.

  • Enhance Efficiency: Create on-chain value capture strategies to ensure the long-term sustainability of the node infrastructure.


A Pioneering Approach

NodeOps stands out as the only node operator supporting a vast majority of recently launched node infrastructures, including XAI Games, Hychain, Aethir, and CARV. With over 17,000 nodes deployed and support for more than 20 live chains, NodeOps has already established itself as a leader in the space.


Looking Ahead

The company plans to introduce an Actively Validated Service (AVS) on EigenLayer. This AVS will create a value-capture engine, offering developers, operators, and other AVSs economic incentives within the secure framework of the Ethereum blockchain. This initiative aims to foster greater participation and efficiency within the decentralized network.


Building the Future of Web3

With its innovative approach and commitment to user experience, NodeOps is positioned to play a critical role in the development of a robust and accessible Web3 infrastructure. The company's dedication to empowering developers and operators, coupled with the support of its esteemed investors, positions NodeOps for continued growth and success.


About NodeOps

NodeOps is a company that simplifies the process of deploying and managing blockchain nodes. They offer a one-click deployment option and eliminate the complexities of web3 onboarding. Their service is available for a variety of blockchains including EigenLayer, Aethir, XAI Games, Celestia, Shardeum, Zora, Avail, Fuel, HyChain, Neural Internet, Oraichain, Akash, Archway, Cosmos Hub, AssetMantle, Terra Classic, and OmniFlix.


X Account: @NodeOps_App

X Followers today: 13,900

X Followers 30 days ago:     4,554

X Follower change:   9,346 (+205%)


About Investor

Investor: L1D

Description: L1D strive to be at the forefront of the paradigm shift driven by decentralized networks and invest in the most promising crypto native managers and founders. L1D believe in crypto’s highly disruptive potential and the goal is to help institutional investors gain exposure to this complex and rapidly evolving space.

Location:  Switzerland


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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