Dai Lo officially announces the successful acquisition of Fractal, marking an important milestone in the field of blockchain technology and privacy innovation. After months of strategic negotiations, this acquisition, the amount of which remains undisclosed, will allow Dai Lo to fully leverage Fractal’s cutting-edge ZK technology to drive the realization of its future vision.
This acquisition encompasses Fractal's technological assets, token reserves, intellectual property, and its core community. By integrating these resources, Dai Lo plans to continue expanding and launching transformative technological solutions based on the foundation laid by Fractal’s founders.
“Fractal should be an important component in every on-chain tech stack such as DeFi and AI. Privacy technology is a key application and should be an option in every application on every chain,” said Gary Mitchell.
Strategic Outlook of Fractal
Earlier this year, Dai Lo began exploring innovative projects within the Bitcoin, UTXO, BRC 20, and Runes ecosystems. Fractal stands out with immense potential, but this potential has yet to be fully realized.
While Fractal has the capability to operate as an independent Layer 1 or Layer 2 platform, its greatest value lies in being a foundational component of the entire ecosystem, combining blockchain technology with traditional Web2 applications. With the core advantage of privacy technology, Fractal’s technology is expected to redefine the market landscape.
“We believe this project has the potential to achieve a market value of over 1 billion dollars,” said Gary Mitchell, the informal leader of Dai Lo. “Our goal is to help this project realize its potential and build a privacy-first future.”
Learn about Dai Lo
Dai Lo is a transformation expert team focused on uncovering potential projects and driving their success.
Gary Mitchell (@GuyGaryMitchell): As an experienced entrepreneur, Mitchell has extensive experience in the Ethereum, Cardano, and Solana ecosystems, and will fully dedicate himself to the Fractal project.
Yeolin Han (@yeonglihan): As a technical genius in the UTXO chain and RGBPP field, Han’s technical capabilities will play a critical role in unlocking Fractal’s full potential.
The team also includes about 10 developers focused on technologies such as AI and ZK.
Future Development
The team's top priority is to revitalize Fractal's community. After discovering that previous management issues had led to user dissatisfaction, Dai Lo is committed to rebuilding trust, enhancing transparency, and attracting a new group of supporters to drive community growth.
Additionally, the team is reshaping the brand image, returning to Fractal's core positioning as a privacy-first project. With advanced zero-knowledge technology gradually being introduced, the team's long-term goal is to ensure Fractal achieves breakthroughs in scalability, reliability, and user experience.
“Privacy is not just a feature, but a foundation,” said Yeolin Han. “Fractal will empower users to control public and private information, fundamentally transforming the way privacy is protected in on-chain transactions.”
Gary Mitchell added: “Fractal should be an important component in every on-chain tech stack such as DeFi and AI. Privacy technology is a key application and should be an option in every application on every chain.”
Acknowledgments and Future Outlook
As Discreet Labs, the team behind Fractal, announces its dissolution, Dai Lo expresses gratitude to all contributors to this acquisition. Special thanks to Sam Harrison for his significant contributions during the deal.
Dai Lo is full of expectations for the future development of Fractal and plans to take the project to new heights. The team invites community members to join them in driving innovation in $FRA and blockchain technology.
About Fractal Network
Fractal Network is a multi-layered network dedicated to applying zero-knowledge encryption technology at all levels of the Web3 ecosystem. Our technology supports various applications such as secure DeFi, asset tokenization, on-chain authentication, and private transactions. By applying zero-knowledge encryption, Fractal is providing security for every aspect of Web3.
