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Arcana Network
Arcana Network provides a Chain Abstraction protocol that allows users to have a unified balance on apps to spend on any chain without swapping, bridging, or refuelling gas. It helps apps exist on their chain of choice and attract users and assets across multiple chains.
Distributed
Description
Arcana Network is building a Chain Abstraction Protocol to create a seamless multi-chain experience. Their technology provides a unified balance for users to spend on applications across any chain, eliminating the need for swapping, bridging, or refueling gas. This helps applications built on a specific chain to attract users and assets from multiple other chains. The protocol is orchestrated by intents, utilizing a Modular L1 and an Intent-Solver network for cross-chain transaction execution. It is designed for zero friction, working with existing EOA wallets and requiring no smart contract upgrades. Arcana offers a Chain Abstraction SDK for developers to integrate these features and the Arcana Wallet, a chain abstraction-enabled Web3 wallet.Grant Funding
VC Funding
None
2021
$0
$2.3M