USA – VRRB Labs, a Miami, FL-based decentralized protocol developer, raised $1.4M in Pre-Seed funding.
The round was led by Jump Crypto, Taureon, and Big Brain Holdings.The company intends to use the funds to further scale its development and marketing teams and build out an educational program for developers interested in building on VRRB’s platform.Led by Andrew Smith, Founder, VRRB Labs is building VRRB, an innovative blockchain protocol built on top of a novel consensus mechanism called Proof of Claim. VRRB leverages a Proof of Claim (“PoC”) consensus algorithm to achieve speed and scale, both vertically and horizontally. Additionally, VRRB implements a novel approach to smart contract DevOps and execution. The VRRB smart contract platform isolates each smart contract in its own containerized runtime. Each program deployed to the VRRB network contains its own micro virtual machine, built to the specification of the program in focus. The company aims to make the developer experience frictionless by bringing ‘Build, Ship, Run’ DevOps to Web3 with its isolated, composable smart contracts containers, complete with a RISC-V ISA microVM enabling developers to build in the language of their choice.12/02/2023
