According to BlockBeats, Decent Land Labs, a sovereign Layer 1 blockchain development company focused on resolving EVM storage issues, announced on June 23 that it has completed a $3 million financing round. The funding round saw participation from Foresight Ventures, LD Capital, Big Brain Holdings, Longhash Ventures, and Web3.com Ventures.
Decent Land Labs aims to combine EVM compatibility with Arweave's scalable storage, providing permanent data storage and full interoperability for EVM and Arweave blockchain developers. It is reported that the company launched an EVM data indexer on AO in May of this year and is currently developing the first EVM to AO bridging function.