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Psy Protocol
zk-Native Blockchain Protocol
psy
Twitter
LinkedIn
Categories:
ZK
Layer2
Infra
Ecosystem:
Bitcoin
Founded:
2023
Psy Protocol is Bitcoin’s native execution layer, designed to address the challenges of Web3 development. The horizontally scalable, secure, and user-friendly platform is built for developers and users alike, supporting a wide range of applications from DeFi to NFTs and beyond. Decentralized applications built on Psy Protocol can locally prove transactions, providing users with unlimited computation for a fixed gas fee. This innovative method ensures that every user’s public key functions as a custom ZK circuit, featuring ‘smart signatures’ that can be read from state, resembling a smart contract.
Psy Protocol Fundraising
Seed
Amount
$6M
Valuation
--
Date
Jul 03, 2024
Investors
Blockchain Capital*
Amount
$3M
Valuation
--
Date
Feb 27, 2024
Investors
Arrington Capital*
LBank Labs
Blockchain Builders Fund
Valhalla Capital
Draper Dragon
Paper Ventures
Anagram
StarkWare
Edessa Capital
Investor
Draper Dragon
StarkWare
Israel
Anagram
LBank Labs
Edessa Capital
Paper Ventures
Blockchain Capital
United States
Blockchain Builders Fund
Valhalla Capital
Psy Protocol Team
Carter Jack Feldman
Founder and CEO
Beeling
Head of Ecosystem
News
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Psy Protocol
zk-Native Blockchain Protocol
psy
Twitter
LinkedIn
Categories:
ZK
Layer2
Infra
Ecosystem:
Bitcoin
Founded:
2023
Psy Protocol is Bitcoin’s native execution layer, designed to address the challenges of Web3 development. The horizontally scalable, secure, and user-friendly platform is built for developers and users alike, supporting a wide range of applications from DeFi to NFTs and beyond. Decentralized applications built on Psy Protocol can locally prove transactions, providing users with unlimited computation for a fixed gas fee. This innovative method ensures that every user’s public key functions as a custom ZK circuit, featuring ‘smart signatures’ that can be read from state, resembling a smart contract.
Psy Protocol Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
Seed$6M--Jul 03, 2024
Blockchain Capital*
--$3M--Feb 27, 2024
Arrington Capital*
LBank Labs
Blockchain Builders Fund
Valhalla Capital
Draper Dragon
Paper Ventures
Anagram
StarkWare
Edessa Capital
Investor
Draper Dragon
StarkWare
Israel
Anagram
LBank Labs
Edessa Capital
Paper Ventures
Blockchain Capital
United States
Blockchain Builders Fund
Valhalla Capital
Psy Protocol Team
Carter Jack Feldman
Founder and CEO
Beeling
Head of Ecosystem
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