BlockPI Raised $3M In Closing Seed Funding Round

BlockPI, a Web3.0 infrastructure project, recently closed a $3 million seed round. The round was funded by NGC Ventures, Hashkey Capital, Continue Capital, SNZ Holding, Shima Capital, CMS Holdings, Old Fashion Research, LD Capital, Math Wallet, StaFi Protocol, and LucidBlue Ventures. In addition, crypto investor Jocy Lin and Niantic’s machine learning director Roger Luo participated in this round as individual investors.

BlockPI will provide developers with a distributed acceleration layer based on multi-chain networks, providing high-speed, highly compatible, and infinitely scalable decentralized infrastructure services for Web3.0 projects.

The main purpose of this round of financing is to expand the development and operation team, develop and build a decentralized node network in response to the current Web3.0 project’s strong demand for RPC facilities.

NEAR DRPC, based on the BlockPI network architecture, won second place at last year’s NEAR Global MetaBuidl Hackathon. Next, BlockPI will focus on the needs of developers, deploy distributed RPC networks on multiple chains, and encourage node operators around the world to build RPC service infrastructures.

ABOUT BlockPI
BlockPI is a distributed multi-chain acceleration layer, providing high performance and reliable RPC services for Web3.

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RESOURCES
Medium