BlockchainSolana Blockchain Receives $8M Funding Injection from Zeus Network to Accelerate Growth

Solana Blockchain Receives $8M Funding Injection from Zeus Network to Accelerate Growth

Date:

Zeus Network has secured over $8 million in funding from prominent venture capital firms and angel investors, demonstrating strong support for its mission to enhance the Solana blockchain platform. Notable investors include UTXO Management, Anagram, Animoca Venture, Portal Venture, Big Brain Venture, Comma3, Axia8, Lemniscap, Spartan, IVC, AppWorks, Rubik, Mechanism Capital, CVVC, OKX Ventures, and Blockbuilders.

Leading angel investors who contributed to Zeus Network’s funding include Andrew Kang, founder of Mechanism Capital; Muneeb Ali, co-founder of Stacks; and Anatoly Yakovenko, co-founder of Solana.

Zeus Network utilizes its proprietary Zeus Layer of nodes in conjunction with the Solana Virtual Machine (SVM) to connect various Web3 ecosystems. This infrastructure enables secure and efficient data transfer between Solana and other popular blockchains such as Ethereum, Bitcoin, and BNB.

With a substantial community of 120,000 Twitter followers and 83,000 Discord users, Zeus Network has gained significant traction. It was selected as the top project by the Jupiter community for launching its token on the Jupiter LFG Launchpad. This launch aims to involve the community and offer incentives to active participants.

The first dApp developed by Zeus Network, APOLLO, seeks to bridge the liquidity gap between Bitcoin and Solana, showcasing the network’s innovative capabilities and its role in the DeFi ecosystem.

The debut of the $ZEUS token is scheduled for April 4 on the first Jupiter LFG Launchpad. The Zeus team expresses gratitude to Jupiter holders and the ZEUS community for exercising their decentralized governance rights and being eligible to claim $ZEUS tokens. As part of an airdrop, 3% of the total supply will be allocated to Dappie Gang holders, zuPoint holders, and Jupiter voters.

Important Information:
– Date: Thursday, April 4
– Time: 9:00 A.M. (EST)
– Duration: 72 hours
– Amount: 50,000,000 tokens (5% of the total supply)
– Launchpad site: To be announced soon.

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