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Fjord Secures $4.3M Seed Round for Community Funding

Fjord Secures $4.3 Million Seed Round: A Game Changer for Community-Focused Funding In a pivotal moment for the burgeoning world of blockchain and cryptocurrency, Fjord has successfully closed a remarkable $4.3 million seed funding round. This achievement underscores the critical need for platforms that not only connect innovative projects with dedicated backers but also prioritize fairness and transparency in the funding process. For more insights into Fjord’s potential impact, check out Fjord . A Strong Backing The oversubscribed round was led by Lemniscap , a reputable investment firm known for its focus on emerging crypto assets. Other notable participants included Mechanism Capital , Zee Prime Capital , and Castle Capital , along with a roster of angel investors such as Crypto Kaduna , Fomosaurus , Joshua Rager , and Danny Wilson of Illuvium fame. This diverse group of investors highlights the growing confidence in Fjord's mission and its potential impact on the blockch...

Nume Crypto Launches Payment Scaling Protocol on Polygon zkEVM: Revolutionizing Web3 Payments

olygon zkEVM, incur a fixed fee. This fee structure provides a significant advantage over traditional on-chain transactions that are subject to unpredictable and fluctuating gas fees. With Nume, users can conduct various operations such as token and NFT transfers, NFT mints, NFT trades, and network deposits and withdrawals.

Nume's payment scaling protocol is built to enable Web2 scale and economics on Web3 rails. By offering instant transaction confirmation and horizontal scalability, Nume aims to make it easier for blockchain applications to cater to Web2 users. The protocol achieves this by batching an unlimited number of transactions at fixed and low on-chain costs, while still providing strong security guarantees. This means that the marginal cost of a transaction is zero, allowing Nume to offer gas abstracted business models for blockchain activities on Polygon zkEVM.

One notable feature of Nume is its introduction of network subscriptions, making it the first scaling solution to offer this functionality. Users can unlock all operations on the network at an introductory price of just 1.99 DAI per month. This subscription model further enhances the accessibility and affordability of using Nume for various blockchain operations.

While Nume's payments rollup currently supports P2P token and NFT transfers, NFT mints, NFT trades, network deposits, and network withdrawals, full EVM compatibility is scheduled for Q2 2024. However, the protocol is already EVM addressable and compatible with EVM wallets, allowing users to seamlessly integrate Nume into their existing wallet infrastructure. Popular EVM wallets like Metamask or Coinbase Wallet can easily add Nume as a network for users to start sending and receiving funds.

Furthermore, Nume provides a bridge between Web2 and Web3 services, allowing dApps to offer flat fee operations to their users. This aligns with the expectations of Web2 users who are accustomed to predictable pricing structures. By adopting Nume, dApps can enhance user experience and attract a wider user base by providing the familiar and cost-effective payment models of Web2 services.

In conclusion, Nume Crypto's payment scaling protocol on Polygon zkEVM offers a groundbreaking solution to the unpredictability and variability of gas fees in blockchain transactions. With its flat fee structure, instant transaction confirmation, and horizontal scalability, Nume enables Web2 scale and economics on Web3 rails. The protocol's network subscriptions and compatibility with EVM wallets further enhance its accessibility and usability for end users and dApps alike. By bridging the gap between Web2 and Web3, Nume paves the way for a more seamless and user-friendly blockchain experience.

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