Web3Port Foundation Announces Strategic Investment in U2U Network
2024-08-08 15:15
Web3Port Foundation
2024-08-08 15:15
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Web3Port Foundation is excited to announce a strategic investment in U2U Network, U2U Network is a pioneering modular chain built on top of DAG and compatible with EVM. Tailored to real-world applications, U2U Network brings its revolutionary Subnet with infinite scalability and decentralization on demands (DoD).

U2U Network delivers a reliable infrastructure for Web3 ecosystems and facilitates complex, high-performance decentralized applications with unmatched security and efficiency while aspiring to be the one-stop solution for enterprise-level needs.

U2U Network, setting sights on becoming a comprehensive ecosystem for Web3 builders, is dedicated to delivering a robust infrastructure emphasizing a Modular Layer-1 Network and a DePIN Ecosystem.

Leveraging the innovative Helios Consensus mechanism, U2U Network’s Modular architecture bring an impressive throughput of 17,000 transactions per second (TPS) and a finality time of approximately 350 milliseconds, ensuring high performance, efficiency, and Ethereum Virtual Machine (EVM) compatibility. All this makes our network structure a perfect fit for DePIN.

By leveraging the Web3Port Foundation investment in U2U Network to accelerate project growth, this strategic partnership underscores our commitment to advancing technology and providing unparalleled support to developers and enterprises. Together, Web3Port Foundation and U2U Network are set to pave the way for the future of decentralized applications and infrastructure.

About U2U Network

U2U Network is a pioneering modular chain built on top of DAG and compatible with EVM. Tailored to real-world applications, U2U Network brings its revolutionary Subnet with infinite scalability and decentralization on demands (DoD). It delivers a reliable infrastructure for Web3 ecosystems and facilitates complex, high-performance decentralized applications with unmatched security and efficiency while aspiring to be the one-stop solution for enterprise-level needs.

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About Web3Port Foundation

Web3Port Foundation is an international multi-stage technology investment platform. The Web3Port foundation is divided into a primary fund of $100 million and a secondary fund of $1 billion that backs and amplifies leading blockchain-enabled solutions to build businesses that are truly differentiated across all markets.

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