Particle Network, with the slogan "The L1 Unifying All Chains Through Universal Accounts", is revolutionizing the Web3 landscape by tackling the issue of fragmentation of users and liquidity. The company's Universal Accounts offer a solution through their chain abstraction, powered by a Cosmos SDK L1 blockchain. This enables the seamless experience of a single account, balance, and address that can be utilized across all chains. As a result, users can interact with any dApp and pay gas with any token, thereby addressing the challenges of interoperability within the blockchain space.
Founded in 2021 and headquartered in Singapore, Particle Network has recently secured a significant $7.00MSeed Round investment on 27 March 2023. The investors in this round include prominent names such as GSR Ventures, HashKey Capital, LongHash Ventures, Animoca Brands, Inception Capital, and ABCDE. With its innovative approach and strong financial backing, Particle Network is set to make a significant impact in the Blockchain, Developer Tools, Information Technology, Internet, and Web3 industries.
