On October 21st, the future-oriented smart contract platform CasperLabs announced in Zug, Switzerland that it has completed a $14 million private equity round of financing to build the future of the blockchain. Thanks to the seamless connection with traditional software and enterprise-level code control, CasperLabs, under the leadership of former Microsoft, Google and Adobe executives, has turned the Casper network into a comprehensive commercial blockchain. As the only solution to the blockchain “impossible triangle”, that is, a blockchain solution that takes into account network scalability, decentralization, and security, Casper is serving enterprise-level users by implementing the functions of Ethereum 3.0.
CasperLabs only conducted one round of private equity financing. This round of financing was led by the industry-respected crypto fund Digital Strategies, including ZB.com/ZB Global, Gate.io, Consensus Capital, Cluster Capital, HashKey Capital, AU21 Capital, Blockchange Ventures, Dozens of institutional and individual investors, including GSR, QCP/QSN, Stonewood Capital, Stake.Fish, Chain Capital, Sora Capital, Wavemaker, Ropart Asset Management, Waterdrop Capital, AGE Fund, Woodstock Fund, etc., have participated in the fundraising. Capital.
Casper supports multi-language, WebAssembly, and common continuous deployment and contract upgrade tools, providing developers building on the Casper network with a quick start experience. For large development teams, Casper is easier to learn because there is no need to learn a new language. This ease of use has enabled the Casper developer community, especially in China, Japan, South Korea, and India, to develop rapidly.
“We are sincerely grateful for the tremendous support given to us by many pioneers in the blockchain industry,” said Mrinal Manohar, co-founder and CEO of CasperLabs. “Casper represents the development direction of blockchain technology. Milestone achievements have distanced us. It’s one step closer to launching the world’s most advanced and easy-to-use public chain.”
Eric Weiss, co-founder of Digital Strategies, the lead investor of this round, said: “We are most excited about the Casper network’s ability to allow the next generation of developers and users to experience the charm of DeFi. Less gas cost fluctuations and upgradeable contracts will From development to daily use, it completely changes the rules of the DeFi game. Behind the Casper protocol is a team with extraordinary professional insights in the field of decentralized protocols. We believe that the future of the Casper network and team will be bright.”
This fundraising will be used to encourage more developers to use it, and to support the launch of the mainnet in the first quarter of 2021 and the highly anticipated public token offering. Register to participate on the CasperLabs website at that time. The token will not be sold in the United States, nor will it be sold to any American as defined by the United States Federal Securities Law. Participants must provide relevant documents to verify their eligibility to participate.
During the private placement, Casper launched the second phase of the public incentive testnet. Through this version, users can experience a series of functions including flexible payment modes, weighted key management, contract upgrades, and other functions that are essential for large-scale operation of decentralized applications.
As the demand for security and decentralized applications continues to grow, Casper will continue to provide the infrastructure required for the construction and innovation of the blockchain, and play a more important role in this field. Casper aims to create an enterprise-level smart contract solution to help development teams build future applications.
About Casper
Casper is a permissionless public chain network that uses the PoS consensus mechanism. It is the first version of the CBC Casper consensus protocol that can prove liveness and security. Casper is designed to extend real-world commercial applications without sacrificing security, usability or decentralization. Casper aims to create a more open and transparent network, and is the most developer-friendly blockchain in the world. Casper removes the barriers to adopting mainstream blockchains, making it easy to build, completely open, future-oriented, and support innovation. The team always follows the principle of open source, empowers individuals in all directions, and strives to provide a fair foundation to achieve long-term impact.
For more information about CasperLabs, please visit https://CasperLabslabs.io/, or keep up with the latest news of Casper through the following channels:
Website: https://CasperLabslabs.io/
Technical Specification: https://techspec.CasperLabslabs.io/
Consensus Proofs: https://github.com/CasperLabsLabs/highway/releases/download/v1.0/highway.pdf
Explorer: https://explorer.CasperLabslabs.io/#/
Github: https://github.com/CasperLabsLabs
Medium: https://medium.com/CasperLabslabs
Twitter: https://twitter.com/meetCasperLabsLabs
YouTube: https://www.youtube.com/c/CasperLabs
