VRRB Labs Raises Pre-Seed Round at $20 Million Valuation As It Builds Its Own Layer 1
VRRB (pronounced "verb") Labs, a Miami-based crypto startup that is developing a Layer 1 blockchain network, raised $1.4 million in a pre-seed funding round.
Layer-1 Crypto Project Erupts 190% in Just One Week Amid Rollout of New Revenue Feature
An under-the-radar layer-1 crypto project is exploding to new all-time highs this week amid the rollout of a new revenue feature.
Layer 1 Blockchain Aptos Token Reaches All-Time High
Layer 1 blockchain Aptos’ token, which has been surging since the start of the year, broke an all-time high on Wednesday. The token, APT, reached $16.46 and is up 350% since Jan. 1, according to CoinDesk data.
LUNC L1 Team Ahead Of Schedule For Q1 Targets
The Joint L1 Task Force, an independent development team dedicated to Layer 1 work on the Terra Classic chain, is ahead of schedule for its set maintenance goals for Q1 2023.
Fantom Launches The Ecosystem Vault, a Decentralised Funding System
Fantom, a Layer 1 blockchain, announced the “Ecosystem Vault” launch yesterday. This fund was established to fund Fantom builders to keep their projects developing on the Fantom blockchain.
Fantom Releases Decentralized Funding System Called Ecosystem Vault
Layer 1 blockchain Fantom has launched a decentralized funding mechanism aimed at financing blockchain projects through a community-driven governance process.
Sei Network, With $70M in Ecosystem Funding, Looks East
After securing a total of $70 million in ecosystem funding in just eight months since its inception, Cosmos based DeFi Layer 1 blockchain — Sei — is looking to expand into Asia in the year ahead.
Is Kadena a Sleeping Giant Waiting for the Next Bull Run?
Kadena is a layer-1 blockchain, running on the Proof of Work (PoW) mechanism, which focuses on achieving maximum security and decentralization without sacrificing scalability.
Vulcan Blockchain’s Auto-Rebasing Layer 1 Set for Release in Q1 2023
Vulcan Blockchain has just announced that its’ novel auto-rebasing Layer 1 protocol will launch in Q1 of 2023. The protocol, which has been under development for some time aims to balance supply-side issues affecting market stability. Auto-Rebasing is a unique feature that allows a blockchain to automatically adjust its supply of circulating coins.
