Filecoin L2 network Akave completes $3.45 million in financing and launches Yucca testnet
2024-11-11 10:46
Odaily News According to Akave's official news, the decentralized data storage project Akave has successfully completed a financing of US$3.45 million. This round of financing was participated by Protocol Labs, Blockchange VC, Lightshift and Blockchain Builders Fund. This financing will be used to accelerate Akave's on-chain data management. In addition, Akave announced that it has launched the Yucca testnet, which is open to early testers to explore on-chain data storage and programmability. As Filecoin's hot storage Layer 2 solution, Akave provides tools for enterprises, AI companies, and DePIN developers to help them go beyond traditional cloud storage, build on-chain data lakes, and promote the development of data ownership and new data monetization models.
