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Waterfall Protocol - Undisclosed
Overview
Funding Date
December 12, 2024
Financing amount
--
Valuation
--
Category
Subcategory
About Waterfall Protocol - Undisclosed
Waterfall Network, touted as the most innovative Layer 1 (L1) decentralized and scalable ledger, today announced it has raised $11.6 million from Bolt's Capital, Alpha Token Capital, and Enflux, providing the ledger with funds to advance its research and development. The fresh funding will be used to strengthen the platform's infrastructure with node simplification and further advancement. It is also a huge vote of confidence in Waterfall's potential to enhance its performance.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2013 | 3 | [email protected] | ||
| Fund | Emirate of Dubai | -- | 3 | -- | ||
| Uncategorized | Singapore | 2022 | 2 | -- |
Company Profile / Project Introduction
Waterfall is a highly-scalable smart contract platform for the development of various decentralized applications (Dapps). The distributed protocol is based on DAG (Directed Acyclic Graphs) technology, with fast finality Proof-of-Stake (PoS) consensus.