#Crypto

#Binance Labs has invested in #Particle Network, a modular L1 blockchain designed to address liquidity and user fragmentation in a multi-chain environment.

Particle Network provides Chain Abstraction infrastructure and achieves its goals through four core features:

Universal Accounts, Universal Liquidity, Universal Gas, and the Particle L1 chain.

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Particle Network shares that their Universal Accounts aim to solve the problem of fragmented user accounts and liquidity in Web3 by providing a single account, balance, and address that can be used across all chains, with features such as easy creation, single balance for all chains, seamless cross-chain transactions, and universal gas.

#ParticleNetwork #Particle #BinanceTournament #Megadrop

Particle Network raises $25M to further develop its chain abstraction vision, enabling a simpler, easier Web3 experience.

The funding will support the launch of its Mainnet in Q3 2024.

Mainnet launch expected Q3 2024. Testnet "Particle Pioneer" already shows significant adoption with 114M transactions and 1.3M Universal Accounts, featuring Universal Accounts and Universal Gas.

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Particle Network is partnering with Sei Network to advance the Chain Abstraction Coalition's goal of unifying various blockchain networks.

The co-testnet will enable seamless movement across blockchain ecosystems, creating a borderless Web3 experience for users.

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The Particle Network's first Co-Testnet, in collaboration with Berachain, is now live.

The Co-Testnet features two EVM-Cosmos chains (Berachain and Sei) and allows users to experience the benefits of chain abstraction through Universal Accounts on the Particle Pioneer platform.

Users can earn rewards for sending cross-chain transactions and explore features like Universal Gas and Universal Liquidity.

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💰 #BinanceLabs invests in Particle Network, a Layer 1 blockchain providing Chain Abstraction to unify user accounts and liquidity across all chains.
This aims to reduce fragmentation and improve user experience in Web3.

#ParticleNetwork #Particle #layer1 #TrendingTopic