Zurich / Zug is quietly becoming a small tech hub in the heart of Europe, isolated from the hands of the overregulating EU. Tiktok is also opening an office now. bullish.
Enterprises are continuing to come onchain!
French media group @canalplus (+$5bn in revenue) just stated minting gift vouchers on @Aleph__Zero’s L2, powered by @arbitrum Orbit, running on 🟠 @gelatonetwork.
keep cooking, @AntoniZolciak and team!
At @gelatonetwork, we are building toward a future where every company has its own rollup, serving millions of users onchain.
To achieve this, we are thrilled to announce our $11M raise from an incredible set of new & existing investors.
We raised $11M from @hack_vc, @IOSGVC, @animocabrands to build Web3's most advanced RaaS Platform.
Our funding will be used to power the growing wave of rollups on Gelato, such as the newly unveiled @inkonchain from Kraken.
This brings our total funds raised to $23 million ↓
The first rollup is being held hostage and unable to migrate from their Raas provider @conduitxyz.
This is a no-go for me and shows that the model of chains being controlled by centralized infra providers is broken.
Gelato has a solution for this coming out real soon!
GM Degens,
After careful consideration—since it affects the community most—we’re sharing our difficulties in migrating DEGEN L3 away from @conduitxyz services
They've held our rollup keys hostage for months, and we may need to relaunch a new chain
paragraph.xyz/@degentokenbas…
Enterprises are finally entering Web3 by launching their own Layer-2s!
We're meeting with 45 brands at the 2024 @gelatonetwork Enterprise Chain Summit from @adidas to @FIFAcom, @IWC, @Mastercard & more
Don't miss the biggest Web3 Enterprise event ↓
lu.ma/xajr3jlt
🚀 We're launching the Aleph Zero EVM Testnet with ZK-privacy achievable in under a second on consumer-grade devices!
Over the last few months, we’ve been working on something unique in collaboration with @gelatonetwork, and utilizing the @arbitrum Orbit stack in addition to our
As we are figuring out blockchain scalability, privacy remains an unsolved challenge preventing further adoption of web3.
Aleph Zero is one of the leading teams in ZK-privacy and is now live on mainnet with an @arbitrum Orbit L2 on @gelatonetwork to address exactly this need!
🎇 Aleph Zero EVM is live!
Developed in collaboration with @gelatonetwork using @arbitrum Orbit, Aleph Zero EVM is a specialized layer 2 that will bring EVM-compatible ZK-privacy and rely on the Aleph Zero WASM L1 as a Data Availability layer.
Here's what to expect:
→
1Balance is a flexible, bespoke payment system developed exclusively for Gelato customers, allowing you to deposit on any chain whilst using that balance to cover your relay costs- regardless of the target chain.
Now in public beta!
relay.gelato.network
VB warns about the slippery slope of ETH re-staking & promotes preserving the chain's minimalism.
"there is a natural urge to try to extend the blockchain's core with more functionality, but each such extension makes the core itself more fragile".
in practice it will be
Astar zkEVM, the 1st ever L2 connected to @0xPolygon’s AggLayer, just went live on @gelatonetwork Rollup as a Service Platform!
What a milestone! Can’t wait to see how this ecosystem of zkRollups will keep growing.
Congrats to everyone involved @WatanabeSota@sandeepnailwal
Today, @AstarNetwork is launching Astar zkEVM, a ZK-powered rollup built with Polygon CDK—and the first protocol fully integrated with the AggLayer.
This is big. It took a team of core devs at Polygon Labs, Astar Network, and Gelato to kick off the age of aggregation with a
Kraken just announced their new Ethereum L2, @inkonchain 💥💥💥
Proud to announce they chose @gelatonetwork as their Rollup as a Service partner!
Excited to be working with this rockstar team on bringing more users onchain!
Kraken, the leading crypto exchange, just announced their @ethereum Layer 2 chain: Ink @inkonchain.
Ink is built with OP Stack and will join @Optimism's Superchain.
We are proud to announce Ink uses Gelato’s Rollup-as-a-Service platform.
Testnet go-live: T-17 days ⏱️
