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News

VRRB Labs Raises $1.4 Million In Pre-seed Round To Launch Decentralized Protocol

February 8, 2023 - Around 2 mins mins to read

Key Points:

  • VRRB Labs, a decentralized protocol that combines speed, scalability, and decentralization without sacrificing security, raised $1.4 million in a pre-seed funding round.
  • With the seed money, the company will be able to expand its development and marketing teams and create a training program for programmers who want to use its platform.
An innovative blockchain that will make it simple and financially viable for developers to create user-friendly applications is being developed by Miami-based cryptocurrency firm VRRB Labs, which just secured $1.4 million in a pre-seed fundraising round.
VRRB Labs Raises $1.4 Million In Pre-seed Round To Launch Decentralized Protocol

Investors in the round included Jump Crypto, Taureon, and Big Brain Holdings.

VRRB Labs is the development company building VRRB, an innovative blockchain protocol.

VRRB developer technology and experience aim to meet scalability, security, and decentralization simultaneously. It also helps developers build in Web3.

Andrew Smith, the founder of VRRB, said in the statement:

“VRRB addresses two core headwinds that have suppressed developer community growth: a lack of scalability on decentralized platforms and a lagging Web3 developer experience. VRRB is designed to create a more flexible, composable, and simple developer experience with a ‘Build, Ship, Run’ framework. With the support of our incredible community, we look forward to unlocking the boundless potential of Web3 and blockchain technology.”

To achieve unrivaled speed and scalability, both vertically and horizontally, the blockchain protocol uses a special. Proof of Claim (PoC) consensus mechanism. In addition, the protocol employs a cutting-edge strategy for smart contract DevOps and implementation.

Each smart contract is isolated in its own containerized runtime by the smart contract platform. Each software that is deployed to the network has a mini virtual machine that was created specifically for it. Developers now have the greatest degree of flexibility, allowing them to create composable smart contracts on a platform that supports any language.

With the help of its seed investment, VRRB will be able to grow its development and marketing teams and offer a training program for programmers who want to use its platform.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Harold

Coincu News

Andrew Smith

PoC

VRRB

VRRB Labs

Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
News

VRRB Labs Raises $1.4 Million In Pre-seed Round To Launch Decentralized Protocol

Key Points:

  • VRRB Labs, a decentralized protocol that combines speed, scalability, and decentralization without sacrificing security, raised $1.4 million in a pre-seed funding round.
  • With the seed money, the company will be able to expand its development and marketing teams and create a training program for programmers who want to use its platform.
An innovative blockchain that will make it simple and financially viable for developers to create user-friendly applications is being developed by Miami-based cryptocurrency firm VRRB Labs, which just secured $1.4 million in a pre-seed fundraising round.
VRRB Labs Raises $1.4 Million In Pre-seed Round To Launch Decentralized Protocol

Investors in the round included Jump Crypto, Taureon, and Big Brain Holdings.

VRRB Labs is the development company building VRRB, an innovative blockchain protocol.

VRRB developer technology and experience aim to meet scalability, security, and decentralization simultaneously. It also helps developers build in Web3.

Andrew Smith, the founder of VRRB, said in the statement:

“VRRB addresses two core headwinds that have suppressed developer community growth: a lack of scalability on decentralized platforms and a lagging Web3 developer experience. VRRB is designed to create a more flexible, composable, and simple developer experience with a ‘Build, Ship, Run’ framework. With the support of our incredible community, we look forward to unlocking the boundless potential of Web3 and blockchain technology.”

To achieve unrivaled speed and scalability, both vertically and horizontally, the blockchain protocol uses a special. Proof of Claim (PoC) consensus mechanism. In addition, the protocol employs a cutting-edge strategy for smart contract DevOps and implementation.

Each smart contract is isolated in its own containerized runtime by the smart contract platform. Each software that is deployed to the network has a mini virtual machine that was created specifically for it. Developers now have the greatest degree of flexibility, allowing them to create composable smart contracts on a platform that supports any language.

With the help of its seed investment, VRRB will be able to grow its development and marketing teams and offer a training program for programmers who want to use its platform.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Harold

Coincu News