TechFlow reports that Moondance Labs, the team behind application-chain infrastructure protocol Tanssi Network, has announced a $3 million seed funding round led by Arrington Capital. Participants include Borderless Capital, HashKey Capital, D1 Ventures, Hypersphere, C² Ventures, and Jsquare. The Tanssi Network testnet is expected to launch later this year, with the mainnet scheduled for 2024.
Tanssi Network stated, "It provides permissionless infrastructure tools and services designed to make application chain deployment secure, efficient, and developer-friendly. Additionally, the Tanssi protocol benefits from Polkadot relay chain's shared security and native interoperability."
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