Zulu Network
Date | Investors | Amount | Round |
---|---|---|---|
* | $3.0m | Seed | |
Total Funding | AUD4.6m |
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EditZulu Network is a pioneering platform in the cryptocurrency space, focusing on enhancing the Bitcoin ecosystem through advanced technological solutions. Operating in the Web3 and decentralized finance (DeFi) markets, Zulu Network serves developers and users looking to leverage Bitcoin for more than just transactions. The company’s core product is its dual-layer architecture, which includes ZuluPrime and ZuluNexus. ZuluPrime acts as a Layer 2 (L2) solution on Bitcoin with Ethereum Virtual Machine (EVM) compatibility, enabling sophisticated smart contracts and decentralized applications (dApps) on the Bitcoin network. ZuluNexus, on the other hand, functions as a Layer 3 (L3) solution, focusing on native Bitcoin format innovations. This modular approach allows for scalability, high performance, and seamless integration with existing blockchain technologies. Zulu Network generates revenue through transaction fees, developer tools, and premium services within its ecosystem. By providing a robust infrastructure for building dApps and smart contracts on Bitcoin, Zulu Network aims to unlock new possibilities for innovation and growth in the cryptocurrency market.
Keywords: Bitcoin, Layer 2, smart contracts, dApps, EVM compatibility, decentralized finance, scalability, dual-layer architecture, ZuluPrime, ZuluNexus.