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Eleutheria Announces $5 Million Strategic Funding Round on BNB Chain

According to the official announcement reported on May 16, Alpha Capital participated in the round, and the proceeds will support onchain financial services on the BNB ecosystem using trustless code and immutable smart contracts.

BNB

Summary

Eleutheria announced a $5 million strategic funding round with participation from Alpha Capital. According to the official announcement reported on May 16, the funds will be used to support onchain financial services on the BNB ecosystem. The project said these services will use trustless code and immutable smart contracts, indicating they are intended to operate through blockchain-based mechanisms rather than traditional intermediaries.

Terms & Concepts
  • BNB ecosystem: The broader network of products, applications, and infrastructure built around BNB-related blockchain platforms, including services deployed on BNB Chain.
  • Trustless code: Software designed to function without requiring users to rely on a central party, with rules enforced by the code itself.
  • Immutable smart contracts: Self-executing blockchain programs that are intended to remain unchanged after deployment, so their predefined rules continue to operate automatically.