ICYMI: Cosmos blockchain Neutron reports $10 million funding round led by Binance Labs and CoinFund
Neutron, a Cosmos-based blockchain, raised $10 million in a seed funding round led by Binance Labs and CoinFund.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Neutron, a smart contract blockchain for the Cosmos ecosystem, raised $10 million in a seed funding round led by venture firms Binance Labs and CoinFund.
Neutron aims to provide cross-chain, smart contract applications for the Cosmos network of more than 50 interconnected, app-specific blockchains or appchains by closely aligning with the Cosmos Hub and leveraging its high security. Neutron launched in May after becoming the first Cosmos blockchain to go live using Replicated Security, a feature that allows so-called consumer chains to tap into the validators of the Cosmos Hub, the central and oldest chain in the Cosmos ecosystem, to gain the ability to run secure applications in a cost-effective way.
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