TechFlow news — According to an official announcement, the privacy computing network Oasis has secured an additional $35 million in funding from investment firms including Newman Capital and Seven X Ventures. This brings the total Oasis Ecosystem Development Fund to $235 million, making it one of the largest and most well-resourced ecosystem funds in the industry.
Previously, with support from ecosystem partners such as AME Cloud Ventures, FBG, Pantera Capital, Dragonfly Capital, and Binance Labs, Oasis established a $200 million Ecosystem Development Fund aimed at supporting projects in DeFi, data DAOs, NFTs, and the metaverse on the Oasis network, driving broader ecosystem growth.
The Oasis privacy computing network offers instant transaction finality, 99% lower gas fees compared to Ethereum, high throughput, and built-in privacy protection, making it an ideal blockchain platform for DeFi and P2E (Play-to-Earn) gaming applications.
