Particle Network, a trailblazing blockchain company, has successfully raised $15 million to drive the development of its innovative modular Layer-1 blockchain solution. This cutting-edge technology enables chain abstraction, allowing users to manage their digital identity and assets across multiple chains with a single account, simplifying interactions and providing a unified experience.

Particle Network's modular L1 blockchain powers chain abstraction, coordinating accounts across chains while abstracting gas and unifying liquidity. This empowers existing L1s and L2s with seamless coordination and asset settlement, setting a new standard for blockchain connectivity. The company's innovative features, including a dual staking model and Universal Accounts, enable users to access various chains with a single address, making it a game-changer in the blockchain ecosystem.

With a strong foundation of over 17 million users, 4 million daily active users, and $2 billion in total value locked, Particle Network is poised to make a significant impact in the blockchain ecosystem. The company's commitment to leading the evolution toward a more integrated and user-friendly blockchain ecosystem is demonstrated through its robust track record, extensive partnerships, and active user engagement.

As Particle Network embarks on this exciting new chapter, it outlines a roadmap that includes the launch of its Testnet and V1 Mainnet in Q1 2024, followed by the introduction of Dual Staking and Abstracted DA Testnet in Q2 2024. This innovative solution is built using the cutting-edge Cosmos SDK and introduces a novel system aggregating Data Availability providers, ensuring high decentralization, scalability, and performance.

In conclusion, Particle Network's revolutionary modular Layer-1 blockchain solution is poised to transform the blockchain ecosystem by enabling chain abstraction and simplifying user interactions. With its strong foundation, innovative features, and commitment to excellence, Particle Network is leading the charge toward a more integrated and user-friendly blockchain ecosystem.