Waterfall Network Completes $11.6 Million Funding

On December 13th, Waterfall Network, an intelligent contract platform, announced the completion of a new round of financing worth $11.6 million, with participation from Bolt's Capital, Alpha Token Capital, and Enflux. The funds will be used to strengthen the platform's infrastructure, simplify nodes, and further improve it.

Waterfall Protocol was launched in July 2024 and is a Layer1, scalable, decentralized intelligent contract platform developed by software development company BlueWave based on DAG technology and fast finality PoS consensus. It is compatible with the Ethereum Virtual Machine (EVM).

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