Intent execution network aims to simplify blockchain with $15M investment led by Polychain

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States News News

The rapid expansion of blockchain technology presents opportunities and challenges in scalability and user navigation within an increasingly fragmented ecosystem

.As the blockchain landscape flourishes, scalability and user navigation emerge as significant challenges. DappOS, an intent execution network, secures $15.3 million in Series A funding led by Polychain to streamline on-chain outcomes.

The blooming ecosystem of L1s and L2s, each fostering its mini-ecosystem, is set to dramatically lower the barrier to launching new blockchains. The result? There is a potential explosion in the number of networks, with many attracting significant investment. The proliferation promises to fragment the Web3 ecosystem further, making navigation and interoperability a daunting task for users.in realms like social finance and game finance is ushering in users from the conventional Web2 world.

DappOS builds an intent-based infrastructure to solve scalability and complexity issues. Source: dappOS

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in US

United States United States Latest News, United States United States Headlines