This story was originally published on HackerNoon at: https://hackernoon.com/galaxy-ventures-backs-rise-chain-$8m-raised-to-launch-fastest-zone-for-real-time-apps-on-ethereum.
With the support of Galaxy Ventures and previous investment from notable industry leaders like Vitalik Buterin, RISE sets out to solve the blockchain adoption c
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RISE announces $4 million investment from Galaxy Ventures, bringing total funds raised to date to $8 million. RISE offers real-time performance of as low as 5ms latency and a 100k TPS target, while maintaining a decentralization-first roadmap. The RISE public testnet has already undergone significant battle testing, reaching over 2 billion transactions.