Dai Lo officially announced 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 amount 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 the Fractal founders.
“Fractal should be an important part of every on-chain technology stack, such as DeFi and AI. Privacy technology is a key application and should be an option in every application on every chain,” said Gary Mitchell.
Strategic Prospects of Fractal
At the beginning of this year, Dai Lo began exploring innovative projects within the Bitcoin, UTXO, BRC 20, and Runes ecosystems. Fractal stands out with tremendous potential but has not yet fully realized this potential.
Although Fractal has the ability to operate as an independent Layer 1 or Layer 2 platform, its greatest value lies in being a foundational component of the entire ecosystem that integrates blockchain technology with traditional Web2 applications. With the core advantage of privacy technology, Fractal's technology is expected to redefine the market landscape.
“We believe this project has the potential to achieve a market cap of over $1 billion,” said Gary Mitchell, the informal leader of Dai Lo. “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 discovering potential projects and driving their success.
Gary Mitchell (@GuyGaryMitchell): As an experienced entrepreneur, Mitchell has extensive experience in the Ethereum, Cardano, and Solana ecosystems and is fully committed to the Fractal project.
Yeolin Han (@yeonglihan): As a technical genius in the UTXO chain 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 focused on AI, ZK, and other technologies.
Future Development
The team's top priority is to revitalize the Fractal community. After discovering that previous management issues caused user dissatisfaction, Dai Lo is committed to rebuilding trust, enhancing transparency, and attracting a new batch of supporters to promote community growth.
In addition, the team is reshaping the brand image, returning to Fractal's core positioning as a privacy-first project. As advanced zero-knowledge technology is gradually rolled out, the team's long-term goal is to ensure Fractal achieves breakthroughs in scalability, reliability, and user experience.
“Privacy is not just a feature; it’s foundational,” said Yeolin Han. “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 important part of every on-chain technology stack, such as DeFi and AI. Privacy technology is a key application and should be an option in every application on every chain.”
Acknowledgments and Future Outlook
As Discreet Labs, the team behind Fractal, announced its dissolution, Dai Lo expressed gratitude to all contributors who facilitated the acquisition. Special thanks to Sam Harrison for his significant contributions during the deal's completion.
Dai Lo is excited about the future development of Fractal and plans to elevate 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 cryptography across all levels of the Web3 ecosystem. Our technology supports various applications, including secure DeFi, asset tokenization, on-chain authentication, and private transactions. By applying zero-knowledge cryptography, Fractal is providing security across every aspect of Web3.
