Blockchain middleware layer Supra completes $24 million in financing
1. Basic information
1.Project Introduction
Supra is a cross-chain interoperability middleware layer designed to combine traditional financial markets with Web3. It provides powerful cross-chain oracle capabilities to integrate real-world data into public and private chains to achieve smart contract interoperability. In addition, Supra provides the ability to create, deploy and manage faster, more agile and resilient data applications. Through its customized consensus algorithm "Moonshot Consensus" and "bridgeless" cross-chain technology, Supra achieves finality of two to three seconds.
Note: Moonshot Consensus is SupraOracles’ custom consensus algorithm designed to achieve two to three seconds of finality. It is an efficient and secure consensus algorithm that ensures the reliability and fairness of transactions and operations in the blockchain network.
2.Team information
Jon Jones, co-founder of Supra, served as president of the Taiwan Chapter of the Government Blockchain Association and was also involved in web3 venture studio Unitychain; Joshua Tobkin, co-founder and CEO of Supra and Unitychain.
More team information: https://supraoracles.com/research-team/
3. Financing information
Source: https://www.rootdata.com/Projects/detail/Supra?k=MjA2NQ%3D%3D
Animoca Brands, Coinbase Ventures, HashKey, Prosus Ventures, Razer, UOB Ventures Management, Valor Equity Partners and others participated in the investment.
4.Related links
Website: https://supraoracles.com/
Discord: https://discord.gg/supraoracles
Twitter: https://twitter.com/SupraOracles
Medium: https://medium.com/@SupraOracles
WeChat public account: https://mp.weixin.qq.com/s/QmBH00nO1KFV0r18FIlweQ (but the official tweet did not write this address, I don’t know if it is official or a volunteer)
2. Participation Strategy
1. Complete learning tasks to obtain tokens, which is called "Community Airdrop Countdown Event"
Only the first 500,000 learners receive a community target reward of $220 $SUPRA and an onboarding bonus of $200 $SUPRA
Link: https://supraoracles.com/blastoff?ref=d766a-2435875 (but KYC is required. KYC is not currently open to newcomers, so they can only fill in their email address and wait)
2. Register for $SUPRA token sale whitelist
Link: https://supraoracles.com/whitelist-invite/?utm_campaign=mk_general&utm_source=twitter&utm_medium=social&utm_term=social-profile-linktree&utm_content=on%20all%20social%20profiles%20except%20china
Fill in your name and email according to the prompts, and you will receive an email after completing the filling.
NOTE: $SUPRA Tokens, and any products or services related thereto, are available only to individuals 18 years of age or older, or to non-residents, citizens, entities incorporated or having a registered office in any Restricted Territory.
3. Opportunity analysis and judgment
## Project fundamentals
- Indian project Supra received $24 million in private financing in a bear market
- Participating investors include Animoca Brands, Coinbase Ventures, HashKey, Prosus Ventures, Razer, UOB Ventures and Valor Equity Partners
- Supra's PhD research team has made important contributions in academic fields such as secure multi-party computation, distributed consensus and oracles
- Published multiple white papers that have been peer-reviewed
- The research team is led by Dr. Aniket Kate, one of the creators of KZG Polynomial Commitments
- Dr. Aniket Kate is well-known in the industry for his important impact on the Ethereum L2 expansion (content from the WeChat public account Supra Chinese)
- Supra's technological innovation will create a new standard for middleware protocols in the blockchain industry
- The project owner has an airdrop, so it is not difficult to participate.
- After the financing news was released, attention skyrocketed. As of September 29, there were already 230,000 players who had passed KYC.
- Energetic friends can consider participating in project activities
- Chainlink is the current leader with FDV of $7B, so Supra has a high ceiling
- The current team and financing are in OK status
- You can continue to pay attention to the progress of the project in the future
Note: If there are any updates or errors in the information, please correct me. This is not investment advice, DYOR.