Krypital Group Finalizes Strategic Investment in Evanesco
On April 16, 2021, Krypital Group officially announced the completion of its strategic investment in Evanesco, as Polkadot Eco‘s first layer0 financial privacy protocol project, announced completing the financing.
As a strategic investor in Evanesco, Krypital Group will help expand Evanesco’s global business scope and help cultivate and deepen community development.
Why invest in Evanesco
The decentralized consensus, transparent and traceable nature of blockchain ledgers is the cornerstone of trust for Defi, but this also poses a challenge for users’ asset privacy. In particular, access to the network is attacked, transaction content leaked and the privacy of assets. We believe that revenue risk and account transaction privacy are equally important in a well-developed DeFi network.
Evanesco(EVA) is Polkadot Eco‘s first layer0 privacy network protocol. EVA is aimed to build the unique financial protocol platform in the Web3 ecology that combines Layer0 network infrastructure and privacy computing framework. EVA will integrate asset issuance, management, transfer, cross-chain , interoperability & provide private liquidity to wallet, exchange and aggregation trading services. At the same time, EVA shares the external chain and privacy ecological fluidity through a cross-chain gateway to empower the DeFi ecosystem.
Privacy Financial Platform
EVA, relying on the smart contract platform of privacy computing framework, will integrate the distribution, management, transfer, cross-chain interoperability of privacy assets, and provides the standardized smart contract interface.
Privacy Service Interface
Evanesco endows privacy liquidity to wallets, exchanges and aggregated trading services. Through the conversion, diversion and collection of the liquidity of interface-encrypted assets, the servitization of private transactions and the non-influence of users can be realized. EVA will not involve the community ecology of wallet, exchange and various aggregated trading service providers, but only provide the link service between the application layer and the infrastructure layer. The service will also be provided by many community nodes to maximize the ecological benefits.
Multi-ecological Mobility Sharing
EVA enables users to share other public blockchains and private ecological mobility through cross-chain gateway. By deploying Defi applications in different ecosystems, financial service providers can provide differentiated services in multiple ecosystems, such as small amount of high liquidity swap in open ecosystem and large amount of low liquidity digital assets in privacy dark pool.
Besides Krypital Group, the participating institutions also include: AU21, Allchaineed, BlockArk, Blocksync, Bitz, Candaq, Cabin VC, Consensus Lab, CryptoDiscover, Dealean, Digital Finance Group, Dao Capital, FBG Capital, Gate.io Labs, Hot Labs, Krypital Group, LD Capital, Mars Blockchain, MXC Labs, Moon River, NGC Ventures, OKEx Blockdream Ventures, Q42, R8 Capital, Spark Digital Capital, ZB Capital, etc.
About Evanesco
EVA is committed to building the next generation of decentralized new privacy financial ecological platform in a fair and reliable way. EVA hopes to support cross-ecology, cross-region and cross-platform cryptocurrency ecology, including a variety of blockchain platforms, DApp and Web3 services. We remain open to all partners who wish to participate in this future ecology.
Follow Evanesco
Official Website：evanesco.org
Twitter：https://twitter.com/evanescoio
Github: https://github.com/Evanesco-Labs
Telegram: https://t.me/EvanescoIO
Discord: https://discord.com/invite/VnYXBSF
Medium: https://evanesco-networks.medium.com
About Krypital Group
Founded in 2017, Krypital Group is a leading global venture capital firm and blockchain incubator with active arms in North America, Asia and Latin America. Vested in a complete blockchain ecosystem, the company has specific investment funds for both primary and secondary markets, as well as providing end to end services such as project incubation, brand management and technical advisory. To date, Krypital Group’s investments and incubated projects are valued at over $1 billion.
Find more information about Krypital Group on:
Website: https://krypital.com/
Facebook: http://bit.ly/2FHP3ko
Twitter: http://bit.ly/2FRI984
Telegram: https://t.me/Krypital
LinkedIn: http://bit.ly/2HDZd1Z
Medium: http://bit.ly/2u1kUqU
Reddit: http://bit.ly/2IvlqAw
