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Inception, a Re-Staking Protocol Built on EigenLayer, Announces Termination of Operations
Summary: Inception, a re-staking protocol built on EigenLayer, has announced the termination of its operations. The announcement stated that Inception has not found a suitable product market positioning in the past two years. Additionally, the lack of liquidity incentives in the shared security has made it difficult for the protocol to move forward. In January of ...
Inception, a re-staking protocol built on EigenLayer, has announced the termination of its operations. The announcement stated that Inception has not found a suitable product market positioning in the past two years. Additionally, the lack of liquidity incentives in the shared security has made it difficult for the protocol to move forward. In January of this year, Inception announced the completion of a $3.5 million seed round financing, with participation from London Real Ventures, Gallet Capital, Metazero Capital, Kinetic Kollective, Zephyrus Capital, DSRV, Dewhales, Connectico Capital, Unreal Capital, Absoluta Digital, and others.
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Link: Inception, a Re-Staking Protocol Built on EigenLayer, Announces Termination of Operations [Copy]
