Web3Port Foundation, Backer of UXLINK, Aethir, Kelp, Bevm, Invested in U2U Network to Boost The Real Impacts of DePIN
Web3Port Foundation, a well-known international multi-stage technology investment platform, officially decided to invest in U2U Network. This collaboration is set to catalyze the monumental potential of DePIN and Web3 technology, marking a significant milestone in the industry.
With their $100M primary market investment fund and $1B secondary market liquidity fund, Web3Port Foundation backs and amplifies leading blockchain-enabled solutions to build businesses that are truly differentiated across all markets.
Its portfolio includes many notable names in the Web3 industry including UXLINK, Aethir, BEVM, Bitlayer, Kelp, GoPlus, Satoshi Protocol, Mind Network, SingSing, etc.
And now, U2U Network, a pioneering modular chain built on top of DAG and compatible with EVM, also contributes to Web3Port Foundation portfolio diversity.
Tailored to real-world applications, U2U Network brings its revolutionary Subnet with infinite scalability and decentralization on demands (DoD). It delivers a reliable infrastructure for Web3 ecosystems and facilitates complex, high-performance decentralized applications with unmatched security and efficiency while aspiring to be the one-stop solution for enterprise-level needs.
U2U Network, setting sights on becoming a comprehensive ecosystem for Web3 builders, is dedicated to delivering a robust infrastructure emphasizing a Modular Layer-1 Network and a DePIN Ecosystem. Leveraging the innovative Helios Consensus mechanism, U2U Network’s Modular architecture bring an impressive throughput of 17,000 transactions per second (TPS) and a finality time of approximately 350 milliseconds, ensuring high performance, efficiency, and Ethereum Virtual Machine (EVM) compatibility. All this makes our network structure a perfect fit for DePIN.
Web3Port Foundation’s investment in U2U Network is a strong vote of confidence in our vision to lead the multi-trillion-dollar DePIN market. This funding will speed up our projects, helping us grow quickly and effectively. Our partnership with Web3Port Foundation is all about advancing technology and providing the best support to those who are creating tomorrow’s tech solutions, from individual developers to large companies, especially in DePIN market.
Web3Port Foundation and U2U Network are working to create a new era for decentralized applications and infrastructure, aiming to make a more connected and efficient world.