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GimbaLabs Announces Launch of New dApp on Cardano

GimbaLabs recently unveiled a new kind of decentralized app (dApp) launched on the Cardano blockchain. The dApp dubbed The Gimbal Project Treasury + Escrow (GPTE), is aimed at supporting the development of projects on the Cardano network, as it assists builders looking to coordinate workflow.

The GPTE project comprises two Plutus smart contracts, GimbaLabs disclosed in a tweet Monday as it introduced the dApp. According to GimbaLabs, GPTE contains a Treasury Smart Contract and an Escrow Smart Contract, each supporting a unique feature for the application.

(by Albert Brown)

dApp Cardano
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