🎉 Balance has just secured $30.00M in its latest funding round! 🎉
🔹About: Balance (EPT) Project is a public Layer 2 blockchain designed to enhance the Web3 ecosystem by enabling developers to port apps and crypto assets from other blockchains efficiently. Built on zero-knowledge and Ethereum Virtual Machine (EVM) technology, Balance supports rapid app and smart contract porting while offering low transaction fees, high throughput, and fast transaction finality. The EPT token serves as the sole governance token for the Balance Platform and Balance ZKEVM, rewarding network activities such as transactions, liquidity provision, and application building. EPT tokens also facilitate decentralized governance, allowing holders to vote on proposals related to the ecosystem. Additionally, EPT tokens can be staked to earn returns, and they play a crucial role in maintaining network security by incentivizing node participants. The Balance platform aims to create an open, inclusive, and fair gaming ecosystem by leveraging blockchain and AI technologies. With a total issuance of 1 billion EPT tokens, the project ensures a robust incentive mechanism for all participants. Balance’s architecture combines Ethereum’s capabilities with zero-knowledge technology, making it one of the few blockchains at the EVM intersection. This innovative approach positions Balance as a significant player in the blockchain and gaming industries, driving forward the adoption of decentralized technologies. 🚀🌐
🔹 Lead Investors: a16z, Animoca Brands, Amber Group, Galaxy interactive, Aptos, Gate Labs and many more.
🔹 Total Raised: $30.00M.
🔹 Project Category: GameFi, Layer-2, AI, Web3 Infrastructure.
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