blockless

ChainCatcher news, the modular application development platform Blockless announced on X that the second phase of its incentive testnet has begun.According to RootData, Blockless is a modular application development platform in Web3. This architecture allows Web3 applications to run on dedicated networks to handle specific workloads, leveraging blockchain primarily for authentication, value transfer, and ensuring system trust and integrity.

ChainCatcher news, the DePIN project Blockless has completed a total of $8 million in pre-seed and seed rounds, with NGC Ventures leading the pre-seed financing, and M31 Capital and Frachtis co-leading the seed round financing, along with participation from No Limit Holdings, MH Ventures, Interop Ventures, and Plassa Capital.Its co-founder Butian Li stated that Blockless plans to launch a testnet in the coming weeks and a mainnet along with the native BLESS token in the third quarter.