Leading the charge in Web3 innovation, zbyte proudly announces the launch of its mainnet, bolstered by a successful $5 million funding round. Backed by notable investors such as Cartography Capital and Quarterback Financial, zbyte is set to revolutionize Web3 development with its user-friendly approach.
Empowering Web2 Developers
zbyte’s mainnet introduces a groundbreaking low-code, no-code module, breaking barriers for Web2 developers to seamlessly create decentralized applications (dApps) without extensive re-skilling. This approach addresses the shortage of Web3 developers, providing a platform that accelerates dApp development across various public blockchains.
Strategic Investment and Vision
With a $4 million capital raise and an additional $1 million commitment from key investors, including Cartography Capital, zbyte is strategically positioned to accelerate its ambitious roadmap. Co-Founder Krish Kupathil emphasizes their commitment to shaping the future of Web3 development and bringing blockchain technology adoption to businesses and developers.
Web3 for All
Recognizing India as a vital developer market, zbyte plans to leverage its campus chain program with universities. By conducting hackathons and engaging with talented developers, zbyte aims to make Web3 accessible globally, fostering a community-driven approach to blockchain technology.
Innovative DPLAT Protocol
zbyte’s DPLAT (decentralized platform) protocol stands out with features like an API-first approach, support for multiple Layer1 blockchains, connectors to Web2 systems, and native ZKP-based privacy. The platform ensures digital asset portability across blockchains, with near-zero or configurable gas fees.
Strategic Investor’s Perspective
Investors like Dan Quintero of Cartography Capital express confidence in zbyte’s vision, stating that their commitment to simplifying the development process and making Web3 accessible aligns with the groundbreaking nature of the project. The strategic investment positions zbyte as a key player in scaling Web3 adoption.
Growing Ecosystem and Use Cases
zbyte’s DPLAT has garnered attention with a steadily growing community and entities building on the platform. Notable projects include zblocks, a web3 consumer engagement platform, the f*word, a digital fashion creator suite, and Genovatic, driving blockchain adoption across enterprise use cases.
Cross-Blockchain Support
The platform already supports leading blockchains like Avalanche and Polygon, with an MOU with PWR chain announced for integration soon. zbyte’s commitment to cross-blockchain compatibility reinforces its position as an inclusive and versatile Web3 infrastructure provider.
Conclusion
zbyte‘s successful funding round and mainnet launch mark a significant leap in the evolution of Web3 development. With an innovative approach, strategic investors, and a growing ecosystem, zbyte is poised to play a pivotal role in making Web3 accessible and scalable.
FAQs
Q1: How does zbyte plan to address the shortage of Web3 developers?
zbyte’s low-code, no-code module allows Web2 developers to seamlessly create dApps, bridging the gap and accelerating Web3 development without the need for extensive re-skilling.
Q2: What sets zbyte’s DPLAT protocol apart?
zbyte’s DPLAT protocol offers an API-first approach, cross-blockchain support, and native ZKP-based privacy, ensuring digital asset portability and enhanced security in Web3 applications.
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