Zeus Network Secures $8 Million in Funding to Improve Solana Blockchain through Chainwire

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New York, New York, April 4, 2024, Chainwire

Zeus Network has secured over $8 million in investments from a number of leading venture capital firms and angel investors, demonstrating strong support for its mission to improve the blockchain platform. Investors include well-known companies such as Mechanism Capital, OKX Ventures, UTXO Management, Anagram, Animoca Venture, Portal Venture, Big Brain Venture, Comma3, Axia8, Lemniscap, Spartan, IVC, AppWorks, Rubik, CVVC and Blockbuilders.

Top angel investors included Solana co-founder Anatoly Yakovenko, Stacks co-founder Muneeb Ali and Mechanism Capital founder Andrew Kang.

Zeus Network aims to connect various Web3 ecosystems using the Solana Virtual Machine (SVM) and a proprietary node layer called the Zeus Layer. This infrastructure is intended to enable secure and efficient data exchange between Solana and other major blockchains such as , and BNB.

The network has built a large community with 83,000 members on Discord and 120,000 on Twitter and was selected as the number 1 project by the Jupiter community to launch its token on the Jupiter LFG Launchpad. This launch is part of a strategy to engage the community and provide rewards for active participants.

The first dApp released on the Zeus Network, APOLLO, aims to bridge liquidity between Bitcoin and Solanגa, demonstrating the network's ability to innovate and contribute to the DeFi ecosystem.

On April 4th, the $ZEUS token is scheduled to launch on the first-ever Jupiter LFG launchpad. The Zeus team would like to express its gratitude to the ZEUS community and Jupiter holders for exercising their decentralized governance rights and being able to claim $ZEUS. The allocation for the $ZEUS airdrop is 3% of the total supply for Jupiter voters, ZuPoint holders and Dappie Gang holders.

  • Date: April 4th
  • Time: 9am (EST)
  • Duration: 72 hours
  • Quantity: 50,000,000 (5% of total supply)
  • Launchpad Site: Coming soon

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About the Zeus network

Zeus Network is transforming blockchain interaction by providing an interoperable solution for the Solana ecosystem. Using the Solana Virtual Machine (SVM), Zeus Network enables Zeus Layer nodes to ensure robust security and seamless data exchange. This initiative paves the way for Solana to become the leading hub for all ecosystems and captivate millions of users across different blockchains.

Zeus Network facilitates interoperable communication between cross-chain dApps, allowing liquidity and complex applications to seamlessly interact with Solana in a decentralized and permissionless environment, making it accessible to everyone.

Website | Zeus on X | APOLLO | discord | Documents

ContactMarketing Manager at Zeus NetworkMonica Brasca[email protected]

This article was originally published on Chainwire

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