June 19, 2021

Privacy-first cross-chain calculate protocol Automata raises $2.4 M

2 min read

Automata Network, a cross-chain personal privacy protocol for decentralized applications (dApps), formally announced previously today that it has raised USD $2.4 million.

The investors taking part in the round include KR1 and IOSG Ventures and Jump Trading.

“From the group’s technical progress to partnerships made one after the other with the industry’s leading and most active jobs; it appeared that Automata had both the vision and the capability to perform it right on the mark. Our assistance of Automata Network speaks with our commitment to the sustainable advancement of a privacy-focused Web3 economy.”
– – Keld van Schreven, Managing Director and Co-Founder of KR1

In the last months, Automata Network was picked into the 2021 Berkeley Blockchain Xcelerator from over 200 applications, the team also launched its advancement app – – Witness, which has swiftly formed partnerships with tasks consisting of Plasm, Clover Finance, and Crust.

Moreover, Automata Network is live on Ethereum and Binance Smart Chain. Furthermore, a Miner Extractable Value (MEV) Wiki has been published.

< img loading ="lazy"class="wp-image-109378"src= "https://www.cryptoninjas.net/wp-content/uploads/deligongautoamta.png"alt=" "width="160"height=" 160" srcset ="https://www.cryptoninjas.net/wp-content/uploads/deligongautoamta.png 195w, https://www.cryptoninjas.net/wp-content/uploads/deligongautoamta-80x80.png 80w, https://www.cryptoninjas.net/wp-content/uploads/deligongautoamta-75x75.png 75w" sizes ="( max-width: 160px) 100vw, 160px "/ > Deli Gong, Automata Network”We think that making a break away from centralized facilities is just the start and that providing designers and users an intuitive, smooth experience to make privacy an integrated alternative along their data journey is the only method to move on.”
– – Deli Gong, Co-Founder of Automata Network

Running as a decentralized service protocol; the Automata Network platform supplies privacy middleware for Web3 dApps to attain traceless personal privacy, high guarantee, and smooth calculation.

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