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Zeus Network Raises $8M to Further Boost Solana Blockchain

2M ago
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Zeus Network Raises $8M to Further Boost Solana Blockchain

With more than $8 million in financing from prominent venture capital companies and angel investors, Zeus Network has shown that its goal of improving the Solana blockchain platform is backed up. Notable companies including UTXO Management, Anagram, Animoca Venture, Portal Venture, Big Brain Venture, Comma3, Axia8, Lemniscap, Spartan, IVC, AppWorks, Rubik, Mechanism Capital, CVVC, OKX Ventures and Blockbuilders are among the investors.

Among the leading angel investors were Andrew Kang, the founder of Mechanism Capital, Muneeb Ali, co-founder of Stacks, and Anatoly Yakovenko, co-founder of Solana.

Zeus Network uses a proprietary layer of nodes called the Zeus Layer in conjunction with the Solana Virtual Machine (SVM) to connect several Web3 ecosystems. The purpose of this infrastructure is to enable safe and effective data transfer between Solana and other popular blockchains, like Ethereum, Bitcoin, and BNB.

With 120,000 Twitter followers and 83,000 Discord users, the network has developed a sizable community. It was chosen as the top project by the Jupiter community to launch its token on the Jupiter LFG Launchpad. The goal of this launch is to include the community and provide incentives to those who participate actively.

Zeus Network’s first dApp, APOLLO, intends to close the liquidity gap between Bitcoin and Solana, showcasing the network’s innovation and its role in the DeFi ecosystem.

The $ZEUS token is scheduled to debut on the first Jupiter LFG Launchpad on April 4. The Zeus team would like to thank the Jupiter holders and the ZEUS community for exercising their decentralized governance rights and being eligible to claim $ZEUS. For Dappie Gang holders, zuPoint holders, and Jupiter voters, 3% of the entire supply will be allocated for the $ZEUS airdrop.

  • Date: Thursday, April 4
  • Time: 9:00 A.M. (EST)
  • Duration: 72 hours
  • Amount: 50,000,000 (5% of the total supply)
  • Launchpad site: Soon to be launched
2M ago
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