Inventory of Polychain Capital investment projects: Quasar, nil, SBlockingCE ID…

Polychain Capital investments include Quasar, nil, and SBlockingCE ID in their inventory.

Polychain Capital is a promising VC whose portfolio includes MakerDAO and dydx in 2017, and Starkware in 2018. Cryptocurrency KOL dLux lists the 11 projects that Polychain Capital has invested in this year.

1) Quasar is a decentralized application chain that supports cross-chain asset management within the Cosmos ecosystem. Quasar provides a universal asset management vault that can be customized according to different needs. 2) The founding of nil is to promote research and development in cryptography and databases. Their main product is Proof Market, which enables zkLLVM to work together to simplify developers’ zk implementation.

3) SBlockingCE ID is building a one-stop universal name service network. Their infrastructure provides multi-chain name services, and anyone can create a web3 identity. 4) Cysic is a zk hardware startup aimed at providing physical requirements for zk proof protocols.

5) Polyhedra Network is building infrastructure supported by zk technology. They have designed zkBridge (a trustless infrastructure for L1 and L2 interoperability) and zkDID (a scalable and interoperable DID solution based on SBT). 6) Scroll raised $50 million with a valuation of $1.8 billion. Scrolls is a zkRollup based on zkEVM, built on ETH, allowing compatibility between applications on other chains.

Reference: https://twitter.com/dluxgmi/status/1666174406358360065

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Policy

Coinbase Faces Setback as Hamas Uses Cryptocurrency for Funding Attacks

According to lead analyst Mark Palmer of Berenberg Capital Markets, Coinbase's efforts to secure legal clarity for cr...

Web3

Ras Al Khaimah Unveils RAK DAO: Where Digital Assets Rule

Ras Al Khaimah has announced a new effort to expand its economy through the introduction of the RAK Digital Assets Oa...

Web3

The Metaverse: A Long-Term Vision Filled with Short-Term Failures

According to MetaMinds Group CEO Sandra Helou, achieving success in the metaverse is a long-term goal that requires c...

Blockchain

Crypto Lending Dealt Another Blow as Chinese Court Strikes Down Industry in Second Major Ruling

Mr. Ming, the lender, was left with no options after the borrower was unable to repay his 80,000 Tether loan.

Policy

Kraken Shakes Things Up in Canada: Suspends Transactions for Multiple Assets

Attention Canadian Fashionistas! Starting November 30th, Kraken will be halting all transactions involving USDT, DAI,...