Binance Labs Backs Zircuit's $3.5B AI-Driven Layer-2 Network, Mainnet Launch This Summer

June 12, 2024
Binance Labs Backs Zircuit's $3.5B AI-Driven Layer-2 Network, Mainnet Launch This Summer
  • Binance Labs has invested in Zircuit, a Layer-2 network developer focused on Ethereum transaction security and efficiency.

  • Zircuit, led by Co-Founder Dr. Martin Derka, utilizes AI-enabled sequencer-level security and zero-knowledge proofs with rollup infrastructure.

  • The mainnet launch for Zircuit is scheduled for this summer, with over $3.5 billion in staked assets and partnerships with projects like Ethena, Renzo, and LayerZero.

  • Zircuit's 'Build to Earn' program has received significant interest, with over 1,100 applications submitted.

  • Binance Labs' investment in Zircuit aims to promote AI-enabled blockchain technology and enhance security within the blockchain ecosystem.

  • This collaboration highlights the critical role innovative projects play in advancing the blockchain industry.

  • Interested parties are encouraged to visit Zircuit's website and follow them on Twitter for updates, while exercising caution with high-risk investments such as ICOs, blockchain startups, or cryptocurrencies.

Summary based on 6 sources


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