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Startup PureStake Closes $1.4M Seed Round To Launch A Ethereum-Compatible Smart Contract Platform

Mary Liu

Summary: Blockchain startup PureStake announced today it has complete a $1.4 million seed round funding. The fund was led by Polkadot co-founder Robert Habermeier's Hypersphere Ventures. Arrington XRP Capital, HashKey, KR1, Bitcoin.com Exchange, etc also participated in this fund. The funding will facilitate the development of the Moonbeam network, a Polkadot parachain focused on interoperability. September. 21, PureStake released ...

Blockchain startup PureStake announced today it has complete a $1.4 million seed round funding. The fund was led by Polkadot co-founder Robert Habermeier's Hypersphere Ventures. Arrington XRP Capital, HashKey, KR1, Bitcoin.com Exchange, etc also participated in this fund. The funding will facilitate the development of the Moonbeam network, a Polkadot parachain focused on interoperability.

September. 21, PureStake released its first public testnet of Moonbeam Network--Moonbase Alpha, Moonbeam is expected to reach MainNet by early 2021, a parachain deployment on Polkadot will be delivered in Q2 2021.

BY Mary Liu

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