Waterfall Network completes $2 million financing, led by ByteTrade Lab

ChainCatcher news, the decentralized smart contract platform Waterfall Network announced the completion of a $2 million Pre-A round of financing, led by ByteTrade Lab. The company plans to use this new funding to drive the launch of its mainnet in the first quarter of 2024.

The EVM-compatible decentralized smart contract network currently being built by Waterfall Network allows any device (including low-cost laptops and mobile phones) to run validator nodes, while also providing users with greater access and complete control over their data, promoting the realization of true on-chain decentralized governance.