🎉 Plasma has just secured $3.50M in its latest funding round! 🎉
🔹About: Plasma is a high-throughput, zero-fee payment platform built on Bitcoin. It enables USD₮ transfers without fees and supports over 1,000 transactions per second, leveraging Bitcoin's security. The platform is designed to enhance Bitcoin's utility for payments and decentralized applications with scalable, low-latency solutions. Plasma is a high-throughput execution environment for Bitcoin that enables 1,000 transactions per second while inheriting Bitcoin's security. With Plasma, developers can build on Bitcoin without limits. Throughout 2 years of research and development, Plasma developed a novel peer-reviewed and published Nakamoto PoS consensus mechanism that allows Plasma to reduce latency and cost by over 100x compared to Bitcoin. 🚀🌐
🔹 Lead Investors: Bitfinex, Anthos Capital, Manifold, Karatage, Christian Angermayer and many more.
🔹 Total Raised: $3.50M.
🔹 Project Category: Blockcahin Service, Bitcoin Ecosystem.
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