Optimum received an angel round financing to lead the upgrade of Web3 infrastructure!
The Optimum project, co-founded by Professor Muriel Médard, NEC, MIT Department of Computer Science, Dr. Kishori Konwar, and Kent Lin, President of the Harvard Blockchain Association, recently announced the completion of an angel round of financing. The investment lineup is strong, including many well-known figures in the Web3 field, such as Polychain CTO Abhijeet Mahagaonkar, DeFiance Capital founder Arthur Cheong, Bitget CEO Gracy Chen, Wormhole co-founder Robinson Burkey, Polygon co-founder Sandeep Nailwal, and Jump Crypto managing partner Saurabh Sharma.
Optimum uses the 15-year research results of the MIT Network Coding and Reliable Communications Institute, and uses random linear network coding (RLNC) technology to create a full-chain expansion solution. Professor Muriel Médard, the inventor of RLNC technology, is also an academician of the Academy of Engineering and Sciences of the United States and Germany. This technology has been widely used in the field of traditional communications.
Optimum provides L1/L2 blockchain and node operators with high-performance memory infrastructure based on RLNC, including two core products: P2P data communication layer and decentralized memory layer (deRAM). It aims to solve the problem of blockchain scalability, realize high-speed data transmission, efficient storage and real-time access, thereby comprehensively improving the overall performance of L1/L2 blockchain, node operators, dApp developers and users. Optimum is committed to becoming the "high-performance memory" of Web3 and contributing to the construction of a globally integrated decentralized computer.
This round of financing funds will be mainly used for product research and development, and promote the revolutionary upgrade of the Web3 ecosystem infrastructure.
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