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CratD2C Secures $30 Million from Nimbus Capital to Boost Blockchain Expansion

CratD2C blockchain platform leverages $30 million funding to scale its infrastructure and expand the '12+1' ecosystem, with a focus on flagship product growth and EVM compatibility.

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Summary

CratD2C has secured a $30 million investment from Nimbus Capital to enhance its global infrastructure, expand its '12+1' ecosystem, and accelerate the launch of its flagship product. The platform uses a delegated proof-of-stake (DPoS) consensus mechanism and has passed security audits by CertiK and Hacken, ensuring a secure operational environment.

Terms & Concepts
  • Layer-1 blockchain: A base blockchain network, such as Bitcoin or Ethereum, on which applications and tokens can be built directly without relying on another chain.
  • EVM-compatible: A blockchain that can run Ethereum Virtual Machine smart contracts, enabling seamless integration with Ethereum-based applications.
  • Delegated Proof-of-Stake (DPoS): A consensus mechanism where stakeholders elect delegates to validate transactions, aiming to improve efficiency and scalability.