Author: Dai Lo

Compiled by: TechFlow

Dai Lo has announced the successful completion of its acquisition of Fractal, marking a significant milestone in the field of blockchain technology and privacy innovation. The transaction for an undisclosed amount was completed after months of strategic negotiations. Through this acquisition, Dai Lo will fully integrate Fractal's Zero-Knowledge (ZK) technology and further advance its future vision.

The acquisition includes Fractal’s technology patents, token reserves, intellectual property, and most importantly, community resources. Dai Lo will continue to build on the foundation laid by Fractal’s founders and is committed to bringing disruptive privacy solutions to users.

"Fractal should be a core component in DeFi, AI, and other blockchain technologies. Privacy is an indispensable feature that should be achievable in every application and on every chain." — Gary Mitchell

Fractal's Strategic Positioning

Earlier this year, Dai Lo began exploring potential projects within blockchain ecosystems such as Bitcoin, UTXO, BRC20, and Runes. Fractal stood out due to its immense potential but had previously failed to fully 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 foundational technology component that connects blockchain with traditional Web2 applications. Fractal, with privacy technology at its core, has the potential to redefine the market.

"We believe this project has the potential to reach a market value of one billion dollars or even higher," said 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, deeply involved in the Ethereum, Cardano, and Solana ecosystems. He will focus all his efforts on the Fractal project.

  • Yeolin Han (@_yeonglihan): A programming genius well-versed in UTXO chains and RGBPP technology, whose technical skills will be a key force in unlocking Fractal's potential.

  • The team includes 10 developers, focusing on areas such as AI and ZK technology.

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 entire system," said Yeolin Han. "Fractal will empower users with the right to choose whether to disclose public or private information, fundamentally revolutionizing the privacy experience of on-chain transactions."

In addition, the team plans to promote Fractal's technology across 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, with special thanks to Sam Harrison for his significant contributions to the transaction.

Dai Lo looks forward to opening a new chapter for Fractal and plans to take it to unprecedented heights. The team sincerely 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 technology stack. By supporting DeFi security, asset tokenization, on-chain identity, and private transactions, Fractal is building a secure on-chain environment. Welcome to join our community for more information: X, Telegram or Farcaster.

Contact Information

Contributors:

Gary Mitchell

Fractal

marketing@fra.tech