TechFlow news — Modular blockchain developer Lava has raised $15 million in a seed funding round led by Jump Capital, Hashkey Capital, and Tribe Capital. North Island Ventures, Dispersion Capital, Alliance DAO, Finality Capital Partners also participated, along with unnamed executives from blockchain ecosystems including Celestia, Cosmos, StarkWare, and Filecoin.
Prior to its mainnet launch expected in the first half of this year, Lava offers a points-based rewards program called Magma, which users can earn by switching their RPC connections to Lava.
Lava is currently in testnet phase. Last month, it launched incentivized public RPC services on blockchains such as NEAR, Evmos, and Axelar, and plans to add more chains in the near future. Blockchain node operators can join Lava and receive rewards for delivering high-performance RPC services.
