According to Odaily, Datalayer, a new Layer 1 blockchain and smart contract protocol, has successfully raised $500,000 in a pre-seed funding round. The round was led by GBV Capital and NxGen, with participation from X21 Digital, CSP DAO, and Connectico.
Datalayer has introduced a native chain, a lightweight, user-owned parallel chain, to provide users with dedicated blockchain space. This innovative approach aims to enhance the user experience by offering a more personalized and efficient blockchain environment.
The successful funding round signifies a vote of confidence in Datalayer's unique approach to blockchain technology. The funds raised will be used to further develop the platform and expand its services, ensuring that it continues to meet the evolving needs of its users. The participation of multiple investors also indicates a growing interest in blockchain technology and its potential applications.