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, following the completion of this undisclosed acquisition, Dai Lo will be able 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 essential part of every DeFi, AI, and other on-chain technology stack. Privacy technology is a key application and should be an option available in every application on every chain," Gary Mitchell stated.
Fractal's Strategic Outlook
Earlier this year, Dai Lo began exploring innovative projects within the Bitcoin, UTXO, BRC20, and Runes ecosystems. Fractal stood out with immense potential, yet it has not fully realized this potential.
Although 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 advantages 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 exceeding $1 billion," said Dai Lo's informal leader Gary Mitchell. "Our goal is to help this project realize its potential and build a future that prioritizes privacy."
Learn about Dai Lo
Dai Lo is a transformation expert team dedicated to uncovering potential projects and driving their success.
Gary Mitchell (@GuyGaryMitchell): As an experienced entrepreneur, Mitchell brings extensive experience in the Ethereum, Cardano, and Solana ecosystems, fully dedicating himself to the Fractal project.
Yeolin Han (@yeonglihan): As a technical genius in the UTXO and RGBPP fields, Han's technical capabilities will play a crucial role in unlocking Fractal's full potential.
The team also includes about 10 developers focusing on technologies such as AI and ZK.
Future Development
The team's top priority is to revitalize the Fractal community. After discovering that previous management issues had caused user dissatisfaction, Dai Lo is committed to rebuilding trust, enhancing transparency, and attracting a new wave of supporters to foster community growth.
Additionally, the team is reshaping the brand image, returning Fractal to its core positioning as a privacy-first project. With the gradual rollout of advanced zero-knowledge technology, 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," Yeolin Han stated. "Fractal will empower users with control over public and private information, fundamentally transforming the way privacy is protected in on-chain transactions."
Gary Mitchell added, "Fractal should be an essential part of every DeFi, AI, and other on-chain technology stack. Privacy technology is a key application and should be an option available in every application on every chain."
Acknowledgments and Future Outlook
As Discreet Labs behind Fractal announces its dissolution, Dai Lo thanks all contributors who facilitated this acquisition. Special thanks to Sam Harrison for his significant contributions during the deal.
Dai Lo is looking forward to Fractal's future development and plans to take this project to new heights. The team warmly 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 a variety of applications such as secure DeFi, asset tokenization, on-chain identity verification, and private transactions. By applying zero-knowledge encryption, Fractal is providing security at every link of Web3. Join our X, Telegram, or Farcaster community to learn more.
Contact Information
Contact Person
Gary Mitchell
Fractal
marketing@fra.tech
