NGC StakeX Joins Razor Network
NGC StakeX has announced that Razor Network joins them as an Institutional Validator.
They are happy to announce the inclusion of one more reputed institutional validator in their network. The latest one, needing no introduction to many, is NGC Ventures, through its NGC StakeX validator service.
For those who aren’t aware, NGC Ventures is one of the largest institutional funds in the blockchain space and decentralized ledger space. Their portfolio includes some of the famous and most innovative blockchain protocols and projects, including the likes of Algorand, Avalanche, Solana, Consensys, Polkadot, and SKALE. With the latest development, they have extended their relationship with Razor Network to a network participant.
The partnership with NGC StakeX comes at the time when Razor Network is preparing to go live on SKALE. NGC StakeX will operate a Razor Node as an institutional validator to commit accurate and reliable real-world data streams to Razor Network’s decentralized oracle network. They will also open an additional avenue for the Razor community to delegate their $RAZOR and earn rewards.
NGC StakeX is the latest in the growing list of institutional validators Razor Network has been adding to its ecosystem as it prepares to go live on the mainnet.
About NGC Ventures
NGC Ventures is a global venture capital fund focused on blockchain technologies founded in 2017. NGC bridges the gap between East and West, helping founders with tokenomics, go-to-market, distribution channels, and hiring. With a team spanning Asia, America, and Europe.
Since its founding in 2017, NGC has sought out promising blockchain teams and projects. The fund has backed projects across different verticals: blockchain infrastructure, DeFi GameFi, metaverse projects, and more. NGC looks at the long-term potential of stellar projects and hopes to support teams to achieve long-term success through their network, resources, and expertise.
NGC’s crypto staking and validation solution NGC StakeX was created in association with X-Order in 2018. Since then, NGC StakeX has been supporting various projects as an institutional validator.
About Razor Network
Razor Network is a blockchain agnostic, truly decentralized oracle platform designed to meet the diverse requirements of Decentralized Finance. At Razor Network, they are working on creating the next-generation oracle system focusing on maximum game-theoretical security and fully permissionless complete decentralization.
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