Team Bringing Diem Blockchain to Life Confirms $200M Raise, Says Coinbase and More Are Building on Devnet

2 years ago

The circular was led by Andreessen Horowitz (a16z) with Multicoin Capital, 3 Arrows Capital, Tiger Global, FTX Ventures, Coinbase Ventures and much besides signing checks.

Aptos is among a fistful of teams looking to bring the Diem (formerly Libra) blockchain to beingness extracurricular of the watchful oculus of Meta (formerly Facebook). 0L is different task likewise looking to revive Diem, successful portion done its Carpe app.

In a second Aptos blog post connected Tuesday, the squad sketched retired immoderate of its blockchain’s tech specs.

Notably, Aptos said its devnet, meant for coders to lend open-source code, is present unrecorded – with developers astatine big-name crypto firms offering their time.

“There are large companies similar Anchorage, Binance, Blockorus, Coinbase, Livepeer, Moonclave, Paxos, Paymagic, Rarible and Streaming Fast successful our assemblage already giving feedback, and contributing codification connected Devnet,” Aptos wrote.

The startup ID’d “next-gen societal media platforms, affluent NFT experiences, Web3 games, creator-first media and amusement businesses, inexpensive and unafraid payments, DeFi-integrated fintech products, and truthful overmuch more,” arsenic imaginable applications to unrecorded connected Aptos.

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Zack Seward is CoinDesk's lawman editor-in-chief. He holds BTC, ETH, UNI, ATOM and a mates NFTs supra CoinDesk's disclosure threshold of $1,000.


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