<\/p>\n
Shiba Inu memecoin project has raised US$12 million from global venture capital firms for its layer 3 blockchain project. <\/p>\n
The funding, which was obtained through the sale of the yet-to-be-released TREAT token, saw contributions from Polygon Ventures, Mechanism Capital, and Animoca Brands. <\/p>\n
The new blockchain, set to incorporate Fully Homomorphic Encryption for improved privacy, is slated for a testnet launch in the third quarter of 2024, with the mainnet expected to go live following extensive testing.<\/p>\n
The investment round was conducted in stages with the project\u2019s valuation reaching up to US$200 million. <\/p>\n
\t<\/p>\n
The significance of this development lies in its potential to broaden the Shiba Inu ecosystem, which already comprises the SHIB memecoin and other tokens. <\/p>\n
\n\t\t\t\t Post Views:<\/span> 608<\/span>\n\t\t\t<\/p>\n<\/div>\n \t\t!function(f,b,e,v,n,t,s) Shiba Inu memecoin project has raised US$12 million from global venture capital firms for its layer 3 blockchain project. The funding, which was obtained through the sale of the yet-to-be-released TREAT token, saw contributions from Polygon Ventures, Mechanism Capital, and Animoca Brands. The new blockchain, set to incorporate Fully Homomorphic Encryption for improved privacy, is […]<\/p>\n","protected":false},"author":2,"featured_media":288252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-288251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/288251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=288251"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/288251\/revisions"}],"predecessor-version":[{"id":288254,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/288251\/revisions\/288254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/288252"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=288251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=288251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=288251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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