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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...

Revolutionizing Gaming: A Deep Dive into Immutable X's Blockchain Technology

Immutable X, a layer 2 scaling network developed by the Web3 firm Immutable, is making significant waves in the world of blockchain gaming. Leveraging the Ethereum mainnet's security while addressing the longstanding issues of high gas fees and slow transaction times, Immutable X offers a promising solution for developers and gamers alike. Here are some key points to consider about the Immutable platform:

Key Features of Immutable X:

  • Built on Ethereum Mainnet: Immutable X harnesses the security of the Ethereum mainnet while providing the speed and lower transaction costs of a layer 2 scaling network.

  • Zero Gas Fees: Users can make transactions on Immutable X without incurring any gas fees, thanks to the platform's innovative technology.

  • StarkWare's ZK Rollup Technology: Immutable X utilizes StarkWare's ZK rollup technology, allowing for the bundling of transactions and enabling over 9,000 NFT transactions per second.

The Minds behind Immutable X:

  • Immutable: The driving force behind Immutable X, Immutable is a Web3 firm that has established itself as a blockchain developer and game publisher.

  • Notable Games: Immutable developed the popular NFT card battling game Gods Unchained and is set to publish the action role-playing game Guild of Guardians.

With its focus on enhancing the gaming experience through blockchain technology, Immutable X is poised to reshape the landscape of decentralized applications and NFT-powered games. As the platform continues to evolve and expand with new scaling solutions on the horizon, it's clear that Immutable X is a key player to watch in the rapidly growing blockchain gaming industry.

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