EVM storage L1 network development company Decent Land Labs raises $3 million

Odaily News Decent Land Labs, a sovereign Layer 1 blockchain development company dedicated to solving the EVM storage problem, announced the completion of a $3 million financing round, with participation from Foresight Ventures, LD Capital, Big Brain Holdings, Longhash Ventures and Web3.com Ventures partners. The new financing will be used to expand the project's EVM expertise, ecological incentives and growth rate. Decent Land Labs aims to combine EVM compatibility with Arweave's scalable storage to provide permanent data storage and full interoperability for EVM and Arweave blockchain developers. The company is developing an EVM-AO bridge and launched an EVM data indexer on AO in May this year. (Accesswire)