Aleph Zero, an open-source blockchain platform powered by a peer-reviewed DAG consensus protocol and Substrate integration, announces a $2.9M seed funding round.
This second round of funding for Aleph Zero has been concluded with the support of JUN Capital, PetRock Capital, Genblock Capital, Node Kapital, BlackDragon, Block54, BlockUnify, Master Ventures, Supernova—among other notable venture capital funds, DAOs and community funds, influencer groups, as well as individual investors. The team behind the project aims to solve the blockchain trilemma by introducing a novel, peer-reviewed DAG consensus protocol integrated with the Substrate technology stack. Aleph Zero ensures regulatory compliance, as well as value-added marketing and business development approach aimed not only at the decentralized finance space but also at use-cases outside of it. More
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