Moonbeam Network Receives Fresh Capital Injection After Purestake Fundraising...
Following an initial seed capital round of $1.4 million, Purestake has raised a $6 million strategic round of financing from a consortium of investors to accelerate development, as the team aims to bring the Moonbeam network live in the second half of the year. Ethereum-Compatible Smart Contract Initiative Aims To Deliver Mainnet By Mid-2021 Ethereum may be the blockchain of choice for many decentralized application (dapp) and smart contract developers at present, but that paradigm is quickly shifting as more roads lead towards Polkadot, an up-and-coming cross-chain communication protocol.....
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Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Derek Yoo is the CEO of PureStake, the technology company behind the Moonbeam Network. He recently joined the Bitcoin.com News Podcast to talk about the technology: Derek Yoo is a serial Web2 technology entrepreneur who has spent the past 20 years building successful software and cloud companies.....
The company building Moonbeam is focusing on integration work and a renewed marketing push. PureStake, the company behind the Moonbeam and Moonriver networks, two parachain candidates for Polkadot and Kusama, respectively, announced a successful $6 million raise.The funding round was led by CoinFund and included participants such as Binance Labs, ParaFi, Coinbase Ventures, Fenbushi Capital, IOSG Ventures. Some previous seed investors, who had funded the project in September 2020, also joined. These include investors like the Polkadot-centric Hypersphere Ventures, Hashkey, Arrington XRP,....
As Polkadot inches closer towards its first parachain auction, Moonbeam, one of the fastest-growing parachains on the Polkadot network, is already on a winning spree. Launched in 2020, Moonbeam first deployed its canary network Moonriver on Kusama, Polkadot’s canary network, in June 2021, with Moonbeam set to deploy on Polkadot later this year. Since its […]
Moonbeam has released its Alpha v3 test net, and the latest build throws a bone to Ethereum developers who’ve been eyeing the Polkadot space with interest. Newly rolled out functionality unifies accounts and simplifies interacting with the test net, making it easier for Ethereum devs to get involved, while enhancing the user experience to boot. Moonbeam Smiles Kindly on Ethereum Alpha v3 is the latest and greatest version of Moonbeam, having been developed by smart […]
The blockchain based equity fundraising platform, Neufund has raised $2.13 million in seed fund. A German blockchain-based fundraising platform, Neufund has successfully raised $2.13 million in seed fund. Investors participating in the fundraising round includes Atlantic Labs, Klaas Kersting and a group of undisclosed angel investors. Neufund is currently in the process of developing an investment platform where investors can fund startups against equity using cryptocurrencies. Once completed, the platform will be available for startups working in the cryptocurrency sector through Initial....