The Genaro Network officially announced investments from Node Capital (co-founded by Du Jun)
The Genaro Network officially announced investments from Node Capital (co-founded by Du Jun), along with a mutual agreement to form a strategic partnership and join their efforts to build the Blockchain 3.0 era.
Genaro is the world’s leading decentralized storage service provider and the first Turing -complete public chain provider with decentralized storage network. As an underlying protocol that provides storage capabilities, Genaro will build a sustainable and perpetual ecosystem for many other blockchain projects. The investment in the Genaro project by Node Capital will not only inject more resources into Genaro’s future development, but also accelerate the globalization of its project.
Node Capital is a venture capital firm focused on the blockchain industry and was also one of the earliest professional investment institutions in that industry. Node Capital aims to connect the ecological nodes of the industry through project investment and cooperation so as to build a synergistic and open ecosystem for blockchain enterprises and allow them to make use of each other’s strengths to create a healthy, stable and growing ecosystem.
As the co-founder of Node Capital, Du Jun was professional investors in the worldwide blockchain industry. He is also a co-founder of one of the largest exchanges in the world, 一 Huobi 一 and founder & CEO of one of the largest blockchain media companies in the world, Jinse Finance. Du Jun is a well-known digital asset manager and investor with professional industry knowledge, rich entrepreneurial experience and industry resources. He has already invested in dozens of blockchain projects.
Regarding the cooperation with Genaro, he said: “Genaro’s original SPoR and PoS hybrid consensus mechanism, distribution of industry ecosystem and international vision of its diverse and inclusive team are the most powerful innovative disruptors for Ethereum. ”
The Genaro Network will receive not only Node Capital funding, but also Mr. Du Jun’s rich industry experience and resources; Jinse Finance has become an important media partner of Genaro.（click here）
In a recent interview with Jinse Finance, Genaro cofounder Larry Liu said: “We always believe in the power of technology. As a trust connector, the mechanism that blockchain technology will create is bound to become the most potent trigger for the disruptive revolution of the core technology 一 following in the steps of the steam engine, electricity, information and internet technologies. We are willing to join the long-term development of the underlying technology of blockchain; strong support from Node Capital will strengthen the team’s determination. At present the beta version of Genaro Eden has been released in open source, while the virtual machine part is under ‘closed-door’ research and development. I believe the Blockchain 3.0 era will come along even sooner than we thought.”
About Genaro Network
The Genaro Network, the creator of Blockchain 3.0 ecosystem, is the first Turing complete public chain with decentralized storage network and the original SPOR (Convergence of Stabilization) and PoS (Proof of Stake) consensus mechanisms. Committed to creating a more efficient public chain which can handle big data, and leading the underlying technology to move from “Cloud” to the “Blockchain,” Genaro provides blockchain developers a one-stop solution to deploy smart contracts and store data needed for DAPPs simultaneously. Meanwhile, Genaro provides everyone with a trustworthy internet and a sharing community.
- Official website: click here
- Join Genaro Telegram Community:click here
