SKALE Labs
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$8.9m | Early VC | ||
$17.1m | Early VC | ||
Total Funding | AUD40.2m |
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EditSKALE Labs operates in the blockchain technology sector, providing a decentralized modular cloud platform designed to run decentralized applications (dApps) with high performance and security. The company serves developers and enterprises looking to deploy dApps efficiently on a scalable and secure network. SKALE's protocol optimizes the allocation of resources across a network of elastic blockchains, ensuring that each node can support multiple high-performance applications. The platform is Ethereum compatible, allowing developers to deploy their existing smart contracts with minimal changes. SKALE Labs generates revenue through its Innovator Program, which includes strategic consulting, engineering support, and quality assurance services. Validator rewards are distributed evenly across the network, incentivizing performance and security. The company operates in the decentralized finance (DeFi), gaming, and content streaming markets, among others.
Keywords: blockchain, dApps, Ethereum, decentralized, modular cloud, elastic blockchains, leaderless consensus, validator rewards, cryptography, scalability.