Opside, a decentralized ZK-RaaS (ZK-Rollup as a Service) network, has recently closed a successful $4 million seed round fundraising. The funding was led by Web3.com Venture Capital, along with participation from other notable investors in the crypto industry, highlighting the growing interest in this innovative solution.
Opside has developed a general-purpose ZK-Rollups SDK (Software Development Kit) that empowers developers to deploy their applications on Opside Layer 3 without the need to maintain any infrastructure. This breakthrough approach opens up a world of new possibilities for on-chain applications, such as games and social networks, which require faster transaction processing and lower fees.
The seed round funding will be used to accelerate Opside’s development, expand its team, and scale its operations to meet the increasing demand for its services. Opside is set to focus on ZK-RaaS & PoS+PoW consensus and assist applications and users with a better experience, filling a gap in the market underserved by existing ZK-RaaS solutions.
“We’re thrilled to have Web3.com Venture Capital and other top investors supporting our mission of making ZK accessible to applications of all sizes and general users,” said Nanfeng, Opside’s Co-founder & CEO. “This funding will enable us to continue innovating and developing our platform while expanding our team and customer base.”
Opside’s innovative approach to ZK-RaaS and hybrid of PoS & PoW consensus has already drawn significant attention in the industry, and this seed round funding will enable the company to further establish its position as a leading platform in space. As more businesses seek to optimize their applications and increase their efficiency, Opside is well-positioned to become the go-to platform for applications looking to leverage ZK technology and attract users who demand speed, security, and fun.
Opside, a decentralized ZK-RaaS (ZK-Rollup as a Service) network, has recently closed a successful $4 million seed round fundraising. The funding was led by Web3.com Venture Capital, along with participation from other notable investors in the crypto industry, highlighting the growing interest in this innovative solution.
Opside has developed a general-purpose ZK-Rollups SDK (Software Development Kit) that empowers developers to deploy their applications on Opside Layer 3 without the need to maintain any infrastructure. This breakthrough approach opens up a world of new possibilities for on-chain applications, such as games and social networks, which require faster transaction processing and lower fees.
The seed round funding will be used to accelerate Opside’s development, expand its team, and scale its operations to meet the increasing demand for its services. Opside is set to focus on ZK-RaaS & PoS+PoW consensus and assist applications and users with a better experience, filling a gap in the market underserved by existing ZK-RaaS solutions.
“We’re thrilled to have Web3.com Venture Capital and other top investors supporting our mission of making ZK accessible to applications of all sizes and general users,” said Nanfeng, Opside’s Co-founder & CEO. “This funding will enable us to continue innovating and developing our platform while expanding our team and customer base.”
Opside’s innovative approach to ZK-RaaS and hybrid of PoS & PoW consensus has already drawn significant attention in the industry, and this seed round funding will enable the company to further establish its position as a leading platform in space. As more businesses seek to optimize their applications and increase their efficiency, Opside is well-positioned to become the go-to platform for applications looking to leverage ZK technology and attract users who demand speed, security, and fun.
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A Decentralized ZK-RaaS Network Featuring ZKP Mining
A Decentralized ZK-RaaS Network Featuring ZKP Mining
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