Minima secures $ 6.5 million in Serie-A financing round to accelerate the start of Mainnet
Minima secures $ 6.5 million in Serie-A financing round to accelerate the start of Mainnet
Minima, a scalable and decentralized blockchain network for the value and information transfer, recently sagged $ 6.5 million from well-known investors.
acceleration of the Mainnet start
according to a press release that is involved. The dividing of crypto potato , the funds from the finance just completed are used to enable the start of Minimas Mainnet in 2022.
The system of Minima is designed so that it fits seamlessly on a mobile or IoT device so that each user can carry out a complete design and validation node.
Although the network uses the consensus mechanism proof-of-work (POW), it uses a variant that requires very little computing power, which facilitates the execution on mobile phones.
The goal of the project developers is to ensure that Minima becomes the decentralized, most unchangeable and scalable protocol on the market that supports token transfers and smart contracts native.
minima intends to start with a layer-2 solution that is closely connected to the basic layer blockchain to significantly increase scalability.
about the successful remedy, Hugo Feiler said, CEO of minima:
"We are pleased to be able to announce this oversubscribed Series A donation campaign. Our mission is to create a blockchain that nobody controls and that everyone has, and which they fully decentralized. This round of donations will enable us to bring the resources on board, which we need, to the Minima Minima To start in 2022. “
minima received financing of industrial investors
On the investment round, contributions from well-known investors such as GSR, Dex Ventures, Age Crypto, Smo Capital and Vinny Lingham, a South African entrepreneur and co-founder of the Californical Identity Management startup Civic.
lingham also commented:
"I love to support founders who think differently about the future, and I think Minima does exactly that. I see decentralization as an important cornerstone for the future of the exchange of values and information, and my investment in Minima is an investment in the next generation."
minima has not been officially started, but has managed to integrate more than 5,000 knots in 94 countries in the past few months.
The project should go live in 2022 and the launch process is accelerated with the raised means from the investment round. In the meantime, minima users can use the minima incentive program that is currently available in the minima app and in the web version, start earning coins. . to go live at least around 2022