Bloctopus completes $1 million financing to advance the construction of dApp development tools

According to official news from Bloctopus, the original LZero has been renamed as Bloctopus and has completed a $1 million pre-seed round of financing led by Hivemind Capital. Investors include Techstars, IronKey Capital, and several blockchain founders.

Bloctopus is committed to building an on-chain "Firebase", cooperating with Ethereum Foundation, Kurtosis and others to launch developer tools that can be deployed on demand. It aims to reduce DevOps costs by 90% and increase development efficiency by 20 times. Its v1 version has been launched, supporting cross-chain environment simulation.