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ChainCapitaljoinsU2UNetworkas LeadInvestor

April11,2024

WeareexcitedtoannouncethatChainCapital-aprestigiousVentureCapital renownedforitsfocusoninfrastructure,AI&DePINprojects,hasbecomethe LeadInvestorinU2UNetwork'sSeedFundinground.

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Establishedin2017withitsheadquaersinSingapore,ChainCapitalisoneofthe leadingcryptofundsinAsia,withaproveninvestmentpofolioofover300 qualityprojectscoveringthesectorofinfrastructure(L1/L2),DeFi,Game, Bitcoinecosystem,AI&Web3,etc.Besidestheinvestment,ChainCapital facilitatestheproject’slifecyclewithcomprehensivesuppothroughadvisory, resourcedocking,andincubationbyleveragingyearsofextraordinary experienceandknow-howfromexpeteammembersandindustryecosystem

resources.ChainCapital'simpressiveinvestmentcapabilitiesaredemonstrated bynumerousstrategicsuccesscases.Itspofolioisdiversiedacrossunicorn Layer-1ecosystemsthathavereachedbillion-dollarvaluationssuchasSolana, Polkadot,Celo,andAlgorand,aswellasDePINprojectslikeFilecoin,andTheta Networkwitharemarkablenumberofactiveusers.Additionally,itincludes severalprominentprotocolsoeringscalabilitysolutionslikeSkale,andMetis.

Positionedasaone-stopecosystemforWeb3builders,U2UNetworkcommitsto developingareliableinfrastructurewithafocusontheModularLayer-1Network, SubnetTechnology,andDePINEcosystem.

WithyearsinR&D,U2UNetwork'sLayer-1leveragestheinnovativeHelios Consensusmechanism,boastinganimpressivethroughputof17,000 transactionspersecond(TPS)andanalitytimeofapproximately650 milliseconds.Thishigh-peormanceframeworknotonlyensuresswiand ecienttransactionprocessingbutalsomaintainscompatibilitywiththe EthereumViualMachine(EVM).Besidesthat,we’vedevelopedU2USubnet TechnologyandOstracismVMasscalingsolutions,withoutsacricingSpeed, Reliability,andSecurity.DAppsbuiltonU2USubnetwillreducetheirrelianceon themainnetfordataavailability.OperatingyourSubnetmeanspossessinga moduleontopofaU2UNetworkwhilestillmaintainingdecentralization, security,andconsensus.TransactionsexecutedonthesubnetwillarmU2U Chainscalability,networkpeormance,andnear-zerotransactioncosts.

PioneeringtheSubnetTechnology&theDePINEcosystemthatU2Uaimstobuild, U2DPNemerges.U2DPNbuildsuponthefoundationalprinciplesofDPNstooer asecure,user-centricnetworkthatnotonlyprotectsprivacybutalso incentivizespaicipation.AerfourweeksofAlphalaunch,thisproductis demonstratingnotewohyguresthatareuncommonintheindustry:over 60,000downloads,almost45,000mobilitycontributornodes,andover10 terabytesofbandwidthsuppliedovertheU2DPNSubnet.Thiscontributestothe bedrockoftheDePINSubnetEcosystemasthecomprehensiveinfrastructure suppoforDePINapplicationslayingasolidfoundationfortheDePIN Applications.

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Byleadingtheseedround,ChainCapitalisendorsinganambitiousvisionofU2U Networktounleashutopia."WeseeinU2UNetworkanintriguingbalance betweenthetraditionalcoreofLayer-1blockchainandprominentinnovations suchasmodularexpansionforblockchainandDePIN,indicatingtheirstrong technologicalcapabilitiesandtheirabilitytograsptherealneedsoftheindustry likescalability,reliableinfrastructure,andhardwarerequirementsforadynamic buildercommunity.Inmanyrespects,thisisanundeniablestrengthtoensurethe sustainablesuccessofaproject."-saidMr.Simon,FounderofChainCapital.

ThisstrategicinvestmentextendsbeyondU2UNetwork’sdevelopmentto encompassU2ULabs,focusingonSubnetProtocolR&Dforadecentralized internetecosystemandseamlessdeveloperintegrationthroughSubnetSDK. Additionally,itaimstodiversifyandstrengthenthenetworkbyaractingmore DePINapplications,andservicesandexpandingusersacrosstheglobe.

PerhapsmostexcitingisthecommitmenttobringDePINintomassadoptionby developingWeb3IoTdevices.Thisinitiativesigniesaleaptowardsintegrating thedigitalwiththephysical,creatingaseamlessinteacebetweenusersand technology.BypioneeringthedevelopmentofWeb3IoThardware,Chain CapitalandtheU2UNetworkarenotjustenvisioninganeweraofinternet infrastructure;theyareactivelybuildingit.Thisinvestmentmarksamilestonein thejourneytowardadecentralizedfuture,demonstratingthetransformative powerofcollaborationandinnovationintheWeb3space.

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