๐ฐ An investment has been made to support the development of a layer 3 blockchain, bolstering the Shiba Inu cryptocurrency ecosystem, which already includes the SHIB token.
๐ผ Funding was secured through a pre-sale of the yet-to-launch TREAT token, attracting contributions from notable firms like Polygon Ventures, Mechanism Capital, and Animoca Brands.
๐ These investments reflect confidence in the project's potential to innovate within the crypto space.
๐ The upcoming blockchain will prioritize advanced security features, including Fully Homomorphic Encryption, ensuring high privacy by enabling calculations on encrypted data.
๐ Scheduled for a testnet launch in late 2024, the project aims for a mainnet release following thorough testing to confirm its robustness and efficiency.
๐ก With a valuation potentially reaching $200 million, the project's funding stages underscore its growing market significance and the expansion of Shiba Inu's reach within the crypto landscape.
