Mapleblock Capital reposted this
We are delighted to announce a strategic investment in Particle Network Investment thesis: https://lnkd.in/d2EsEF_W Particle Network is a Layer-1 blockchain built with the Cosmos SDK, equipped with a high-performance EVM execution environment powering universal chain abstraction via Universal Accounts Liquidity and Gas services. As Web-3 bull-run has spawned numerous promising projects, users' accounts and assets are split across different chains, making it costly and difficult for them to move across the ecosystem and leverage different dApps. Users must juggle multiple wallets, manage different tokens, and navigate disparate interfaces. This fragmentation can quickly erode the initial excitement of exploring a new platform or feature. We need a decentralized world where anyone can do anything on any blockchain without needing to go through cumbersome onboarding and bridging processes. This creates a steep learning curve, as bridging between chain types requires specific knowledge. With Particle users can seamlessly interact with a dApp from any supported chain, using any token, all without ever leaving the UI. To enable this, the network focuses on three critical functionalities: Universal Liquidity, Universal Accounts and Universal Gas. Particle Network has raised a collective $25 Million Dollars, spearheaded by us, Binance Labs, Spartan Group, Animoca etc.
