Author: Dai Lo
Compiled by: Deep Tide TechFlow
Dai Lo announced the successful completion of the acquisition of Fractal, marking an important milestone in the fields of blockchain technology and privacy innovation. After months of strategic negotiations, this undisclosed deal has been officially reached. Through this acquisition, Dai Lo will fully integrate Fractal's Zero-Knowledge (ZK) technology and further promote the realization of its future vision.
This acquisition includes Fractal's technology patents, token reserves, intellectual property, and most importantly, community resources. Dai Lo will continue to move forward on the foundation laid by Fractal's founders, dedicated to providing users with disruptive privacy solutions.
"Fractal should be a core component of DeFi, AI, and other blockchain technologies. Privacy is an indispensable feature that should be achievable in every application and on every chain." — Gary Mitchell
Strategic Positioning of Fractal
Earlier this year, Dai Lo began exploring potential projects in the blockchain ecosystem, including Bitcoin, UTXO, BRC20, and Runes. Fractal stood out due to its immense potential, but previously failed to realize its value due to a lack of resource support.
While Fractal already has the capability to operate independently as a Layer 1 or Layer 2 platform, its greatest advantage lies in being a fundamental technology component that connects blockchain and traditional Web2 applications. Fractal, centered around privacy technology, has the potential to redefine the market.
"We believe this project has the potential to reach a market value of $1 billion or even higher," says Gary Mitchell, head of Dai Lo. "Our goal is to turn this potential into reality and build a privacy-first future."
About Dai Lo
Dai Lo is a team focused on uncovering potential projects and driving their success.
Gary Mitchell (@GuyGaryMitchell): A veteran in the startup field, he has been deeply involved in the Ethereum, Cardano, and Solana ecosystems. He will fully focus on the Fractal project.
Yeolin Han (@_yeonglihan): A programming genius proficient in UTXO chains and RGBPP technology, his technical abilities will be a key force in unlocking Fractal's potential.
The team consists of 10 developers focusing on AI, ZK technology, and other fields.
Future Plans
Rebuilding the Fractal community is the team's top priority. Dai Lo is committed to revitalizing the community by improving transparency, rebuilding trust, and attracting more supporters. At the same time, the team will reposition Fractal's brand, returning to its core focus on privacy technology.
"Privacy is not just a feature, but the foundation of the whole system," says Yeolin Han. "Fractal will empower users with the right to choose whether to disclose or keep information private, fundamentally revolutionizing the privacy experience of on-chain transactions."
In addition, the team plans to promote Fractal's technology to multiple fields such as DeFi and AI, making privacy a core feature of every application, and driving Fractal to become an indispensable part of blockchain technology.
Acknowledgments and Outlook
With the dissolution of the team behind Fractal, Discreet Labs, Dai Lo expresses gratitude to all contributors who laid the foundation for this acquisition, especially thanking Sam Harrison for his significant contributions to the deal.
Dai Lo looks forward to opening a new chapter for Fractal and plans to develop it to unprecedented heights. The team warmly invites the community to participate together in shaping the future of $FRA and the new direction of blockchain technology.
About Fractal Network
Fractal Network is a multi-layer network dedicated to applying Zero-Knowledge encryption technology at every layer of the Web3 tech stack. By supporting DeFi security, asset tokenization, on-chain identity, and private transactions, Fractal is building a secure on-chain environment. Join our community to learn more: X, Telegram, or Farcaster.
Contact Information
Contributors:
Gary Mitchell
Fractal
marketing@fra.tech