Sparq Labs Raises $680k Seed Round

Sparq Labs Inc., the blockchain infrastructure, SDK toolchain, and services company behind SparqNet, has closed a $680,000 seed round with the participation and support of several companies. SparqNet is a meta-network that provides tools and services for a network of deployable blockchains capable of up to 400,000 TPS (transactions per second) each, programmable in any language with infrastructure enabled by Avalanche, and open to any protocol through the on-chain trustless and distributed bridge.

Original Link

Comments

All Comments

Recommended for you

Cointime精选 ·

Lumoz supports Op Stack + ZK Fraud Proof, Initiating a New Paradigm in L2 Architecture

After completing a total of tens of millions of dollars in financing, the modular computing layer Lumoz continues to make strides in the Layer 2 (L2) space. This week, Lumoz announced that its Modular Compute Layer will support the Op Stack + ZK Fraud Proof Layer 2 architecture, initiating a new paradigm in L2 architecture.
Cointime精选 ·

CoinShares Mining Report Update: Our Insights at the 2024 Halving

Published to coincide with the 2024 Bitcoin halving, this research article aims to update and inform investors about the risks and opportunities facing the Bitcoin mining industry. Recently, we updated our data primarily based on the Q4 2023 reported figures. We have found that the average production cost per Bitcoin among listed mining companies is now approximately US$53,000.
Cointime精选 ·

Bitcoin Halving Happens This Week: HTX Liquid Restaking with New Momentum Fuels Your Crypto Growth

The highly anticipated Bitcoin halving event is expected to arrive on April 20, 2024. As the block reward falls from 6.25 to 3.125, the cryptocurrency market will undergo a significant shift. Investors worldwide are seeking new ways to maximize their returns in this dynamic landscape.
Cointime精选 ·

Elven CEO Junxiu Guo: Tokenization of Digital Assets Expands the Categories of Financial Assets

On April 19, the 6th International Blockchain Science Conference ISC2024 was successfully held in Singapore. This event was co-hosted by the Inclusive Fintech Node (NiFT) at Singapore University of Social Sciences (SUSS) and the British Blockchain Association (BBA). Researchers and industry experts from around the world specializing in Web3, cryptocurrencies, and blockchain gathered together.
Bitcoin spot ETF has net outflow for five consecutive days, with total net asset value of US$53.063 billion

According to SoSoValue data, the total net outflow of Bitcoin spot ETF was 4.3876 million US dollars on April 18th (US Eastern Time).
Xangle ·

What sets Sei Apart?

Sei has recently emerged as a topic of interest in the crypto market. Various communities and renowned researchers are jumping into the discussion of Sei, bringing it into the spotlight. Is this attention due to Sei's genuine merit as a project, or i
Xangle ·

Blockchain & AI, Are They A Win-Win?

In March 2024, the price of Bitcoin surged, surpassing its peak from 2022. This bullish trend is attributable to factors such as the approval of Bitcoin spot ETFs, institutional capital inflow, the upcoming Bitcoin halving in April
ONEBIT ·

Bitcoin Halving: Interpreting Industry Changes and Opportunities

Bitcoin Halving: Interpreting Industry Changes and Opportunities
Cointime精选 ·

Bitcoin’s 4th Halving

Significance of the bitcoin halving, impact on miner economics and BTC price
Chainlink ·

Chainlink Digital Asset Insights: Q1 2024

The Web3 ecosystem has recently seen a dramatic rise in activity through total value locked in decentralized finance (“DeFi”), volumes on decentralized exchanges (“DEXs”), and stablecoin activity (see the Appendix). Looking at the first quarter of the year, we examine prominent events in the space, including: