DIA Labs introducing Tixl
We are excited to announce that DIA Labs is supporting Tixl in building its own layer 1 “Autobahn Network”, a high performing and low-fee interoperable network for the new era of DeFi, payment and banking.
Tixl is building an ecosystem for Decentralized Finance. Tixl’s vision is to have all tokens on a single, high-performance network. At the core of Tixl’s ecosystem is the interoperable layer 1 Autobahn Network, which enables instant and minimal-fee-transactions for any transfer of data, not just digital assets or tokens.
Autobahn, is designed to enable smooth interoperability between the growing number of mainnets. Developers will be able to create interoperable dApps and smart contracts that can be called from any connected platform, i.e. Bitcoin, Ethereum, BSC or Polkadot. E.g. for NFTs, Voting & Election, Gaming, etc.
Besides an investment into TIXL through DIA’s grants programme DIA Labs, DIA is excited to support the team with expertise, a broad industry network and verified data feeds. Tixl stands to benefit in multiple ways from DIA’s trusted oracles to enable both layer 1 and layer 2 capabilities. The DIA Labs investment will be leveraged to speed up the development of Tixl’s core products. We are strong believers in Tixl’s technology and mission, which is why we are happy to commit to a long-term vesting.
Christian Eichinger, Managing Partner of Tixl comments:
“Over the last couple of months, we were intensely working with the whole DIA team to evaluate different projects. The technology and skills DIA and the team can offer Tixl will be very beneficial for Tixl — long-term. We are looking forward to joining forces here!”
Michael Weber, Co-Founder and President of the DIA Association adds:
“We are very excited to welcome Tixl onboard DIA Labs and to support innovative projects that aim to improve efficiency and interoperability for the entire DeFi ecosystem. With the accelerating growth of the DeFi ecosystem, issues of inefficiency and interoperability are becoming more and more critical. We believe that Tixl is set to be a major player in providing solutions for these issues and are happy to work with them.”
DIA (Decentralised Information Asset) is an open-source, financial information platform that utilises crypto economic incentives to source and validate data. Market actors can supply, share and use financial and digital asset data.