Superblock, a Seoul, South Korea-based contributor to Over Protocol, raised $8M across two funding rounds.
Investors included SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ.
The company intends to use the funds to expand operations and its development efforts.
Led by Ben (Jae-Yun) Kim, Founder, Superblock builds products, tools, and decentralized applications to grow the Over Protocol, a new layer 1 blockchain based on a protocol named “Ethanos” that only considers active accounts valid, enabling full nodes to discard obsolete data and operate with less storage, thus allowing for reduced storage requirements. With Over, anyone will be able to run a node and become a validator on their PCs at home.
FinSMEs
21/07/2023