Endless Protocol has successfully raised $110 million in seed funding, supplemented by an additional $2.3 million through private placements, to develop its ambitious Web3 Cloud project. The initiative aims to revolutionize digital interactions by integrating seamless data synchronization, a mini-program ecosystem, and a personal digital ID entirely on-chain.
Positioning itself as the operating system for on-chain life, Endless Protocol seeks to enable users to manage their identities, allow developers to build applications with integrated data, and facilitate brand-community interactions without Web2 intermediaries. With substantial financial backing and a focus on decentralized identity, data ownership, and application interoperability, Endless Protocol is poised to become a significant player in the Web3 space if it can deliver on its technological promises.
Endless Protocol Secures $110 Million to Develop Web3 Cloud Ecosystem
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