Krypton Capital has chosen the pre-sale of Fusion for its next investment in a promising blockchain startup.
Fusion aims to build a cross-platform exchange and financial ecosystem, powered by the Ethereum blockchain. The team will develop a unique system to for users to securely control private keys, in order to participate in smart contracts and achieve a borderless platform for numerous digital assets from different blockchains.
Krypton Capital is an early-stage venture investor with numerous investments in startups emerging in the blockchain technology sector. The Founder and CEO of Krypton Capital, Ilan Tzorya, told:
“We have faith in the Fusion team, and the product they are building. We believe Fusion will earn its rightful place at the top.”
Fusion believes its innovation in smart contracts can help move value more efficiently and freely in a world globalized by the Internet:
“We are entering an exciting new era of ‘Internet of Values’ which promises increased connectivity and inclusiveness,” said Dejun Qian, Founder of FUSION, “However, the benefits of the Internet of Values are currently thwarted by interoperability, scalability and usability issues within the various blockchain ecosystems, all of which combined have hindered this technological progress. FUSION aims to remove these barriers, ushering in an age of a true digital economy.”
Fusion will build a proprietary network of witness nodes able to secure and verify transactions speedily before using the blockchain to ensure a tamper-proof record.
The scalability of blockchains has been a serious issue in the past months, and Krypton Capital has chosen to invest in this promising ICO, tackling precisely this problem by engineering interoperability between platforms with tailored smart contracts.