Galaxy Ventures Backs RISE Chain, $8M Raised To Launch Fastest Zone For Real-Time Apps On Ethereum

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 Check more stories related to web3 at: https://hackernoon.com/c/web3 . You can also check exclusive content about #web3 , #galaxy , #crypto-funding , #chainwire , #press-release , #blockchain-development , #crypto-exchange , #good-company , and more. This story was written by: @chainwire . Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com . 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.