LongHash Ventures Leads $1.5 Million Pre-seed Funding Round
press release

LongHash Ventures Leads $1.5 Million Pre-seed Funding Round

THELOGICALINDIAN - The advance underlines LongHashs bullish apriorism on Web3 adaptable gaming

LongHash Ventures, one of Asia’s arch Web3-focused adventure funds and accelerator, has appear that it led a $1.5 actor pre-seed allotment annular for Particle Network, a Web3 adaptable bold development belvedere that aims to advance bold developers’ alteration to Web3 by accouterment developers with the toolkit to build, host, and calibration gaming dApps with ease.

Particle Network Offers Multi-chain Support

Emma Cui, Founding Partner of LongHash Ventures, said:

“We’re aflame to aback Pengyu Wang and the aggregation at Particle Network. This advance underlines our bullish apriorism on Web3 gaming and, added specifically, Web3 adaptable gaming. Particle Network removes one of the better obstacles to the development of the Web3 gaming ecosystem: the abridgement of Web3 adaptable tech assemblage and amusing graphs that developers charge to calmly body and barrage immersive gaming dApps. By accouterment a absolutely managed backend infrastructure, Particle Network enables developers to advance their Web3 bold development.”

The allotment annular additionally includes accord from Insignia Ventures Partners, CyberConnect, BitCoke Ventures, 7 O’Clock Capital, FSC Ventures and Monad Labs. Particle Network will advance the funds to abound its team, breeding its all-around developer community, and brightness the launchpad to accord developers the fastest aisle from abstraction to accumulation ascent Web3 games.

Particle Network Co-founder and CEO, Pengyu Wang, added:

“We’re beholden to be backed by an absurd accumulation of investors in this annular of costs led by LongHash Ventures. When we aboriginal ventured into the Web3 apple as devs, we accomplished we had to body the actual basics of a adaptable app from the ground-up. That, however, creates unnecessarily aerial barriers to Web3 adaptable app building, and anniversary dev reinventing the caster to actualize an app does not accord to Web3 in the continued term. Now with Particle Network, developers can focus on creating amazing gaming adventures after annoying about architecture aggregate from scratch.”

Particle Network offers multi-chain support, enabling developers to body on Solana, BNB Chain, Polygon, Immutable X, Avalanche, Flow, Evmos, and Wax. Developers accept already congenital abundant Web3 amateur application the Particle Network platform, including Merge Go, Designer 777, Idle Weed Inc and Panda^2.

Particle Network is a Web3 adaptable appliance abstracts and development platform, acceptance developers about the apple to body scalable, multi-chain, and reliable Web3 adaptable apps after all-embracing ability of blockchain technology. It additionally helps developers apple-pie and structuralize on-chain data, again affix the candy abstracts with first-party applicant data, enabling developers to body user DIDs and conduct targeted artefact iterations and operations.

LongHash Ventures is a Web3 advance armamentarium and accelerator, accommodating carefully with founders to body their Web3 archetypal and tap into the all-inclusive abeyant of Asia. We launched our armamentarium in January 2024 and invested in projects including Balancer, Acala, Instadapp, and Zapper.

With the LongHashX Accelerator, we accept partnered with Polkadot, Algorand, and Filecoin to body added than 50 all-around Web3 projects which accept aloft added than $100m in the accomplished four years. Through such investments and alive collaboration, we are committed to acumen our mission of catalyzing advance for the abutting bearing of the Web.