Moondance Labs, the creators behind the groundbreaking Tanssi app chain infrastructure protocol, have recently secured a substantial $6 million in funding. This successful round of funding, led by Scytale Digital, KR1, and SNZ, with support from top blockchain venture capitalists, marks a significant milestone for the development of Tanssi.
The funds will be crucial in expanding the Moondance Labs team and further enhancing the Tanssi protocol. Tanssi aims to streamline application chain launches by providing developers with advanced tools for efficient chain deployment. By simplifying the process and reducing costs, Tanssi opens up new possibilities for app chain development in sectors like DeFi, gaming, real estate, and sustainable energy.
George McDonaugh, CEO and Co-Founder of KR1, expressed his enthusiasm for Moondance Labs’ progress with Tanssi, noting the team’s dedication to delivering a top-tier developer experience. Francisco Agosti, co-founder of Tanssi and CEO of Moondance Labs, emphasized the importance of the funding in driving the evolution of Tanssi towards its goal of providing a secure and decentralized platform for Layer 1 deployments.
In the coming months, Tanssi will launch an incentivized testnet campaign to engage its growing community and support innovative projects within its ecosystem. This campaign will offer challenges to promote interaction with Tanssi technologies and dApps, rewarding active participation and contributions to the network.
The Tanssi protocol revolutionizes application chain deployment by seamlessly transforming connected chains into modular application chains. Offering a permissionless and developer-centric framework, Tanssi features essential components like block production, wallets, data reliability, oracles, and cross-chain interactions. With a shared network of block producers ensuring security and easy integrations with tools like bridges, wallets, and oracles, application chains can be up and running within minutes.
To stay updated on Tanssi’s developments and participate in the upcoming testnet campaign, join the Tanssi communities and subscribe to the newsletter. Learn more about Tanssi’s application chain infrastructure protocol at tanssi.network.
As Tanssi continues to make strides in the blockchain ecosystem, investors and industry insiders are excited about the platform’s potential to reshape the landscape of application chain deployment. Third-party blockchain enthusiasts and developers are encouraged to explore Tanssi’s innovative solutions and join the community in advancing the future of blockchain technology.
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