Ryodan Systems AG Secures $5 Million Seed Round Financing for INTMAX

04/13/2023 14:07 • Tech Ticker • 139 views

On April 13th, Ryodan Systems AG, the development company of INTMAX, a stateless zk Rollup project for various network services and finance, announced the completion of a $5 million seed round financing. HashKey Capital, Bitscale Capital, B Dash Ventures, SNZ, Scroll, Mask Network, and Alchemy Ventures participated in the investment.

Zk-Rollup project INTMAX completed $5 million seed round financing

Recently, Ryodan Systems AG, the development company of INTMAX, a stateless zk Rollup project for various network services and finance, announced the completion of a $5 million seed round financing. Leading blockchain investors, including HashKey Capital, Bitscale Capital, B Dash Ventures, SNZ, Scroll, Mask Network, and Alchemy Ventures, participated in the investment.

What is INTMAX?

INTMAX is a stateless zero-knowledge (zk) Rollup project that focuses on offering improved network services and financial solutions. It implements a range of cutting-edge technologies, including zk-SNARKs, to create a more efficient and trusted ecosystem for digital finance and network services.
INTMAX also provides seamless integration of various decentralized applications (dApps) and is built as a modular framework. It offers a decentralized, scalable, and secure platform for developers to build complex, high-end dApps. INTMAX aims to revolutionize the financial industry by providing an innovative and low-cost way of performing financial transactions.

Ryodan Systems AG and the Success of the Seed Round Financing

Ryodan Systems AG is the development company behind INTMAX and is committed to bringing blockchain solutions to the mainstream. The company has shown remarkable success in securing $5 million in seed round financing from leading blockchain investors. This success can be attributed to the quality and potential of INTMAX and the solutions it offers.
The seed round financing is expected to transform INTMAX into a market-leading solution for decentralized financial applications. The funding will be used to speed up the development of INTMAX’s core technology. This includes the integration of various dApps, improving the scalability, security, and performance of the platform.

Key Features of INTMAX

Stateless Zero-Knowledge Rollups

INTMAX uses zero-knowledge proofs, enabling faster and more efficient smart contract execution. These proofs ensure that all operations are fully verifiable and transparent, while protecting user privacy.

High Performance and Scalability

INTMAX provides high throughput and scalability. This is achieved by using advanced technologies, such as WebAssembly, and state-of-the-art cryptography.

Cost-Effective

With INTMAX, users can benefit from lower transaction fees compared to traditional financial services. INTMAX’s unique solutions are achieved through advanced algorithms that offer efficient and faster execution of digital transactions.

Conclusion

INTMAX is one of the most innovative blockchain solutions on the market that focuses on providing a range of improved network services and financial solutions for developers. The recent successful $5 million seed round financing from leading blockchain investors demonstrates the exceptional potential and promising future for INTMAX. With cutting-edge technologies and state-of-the-art cryptography, INTMAX offers an unparalleled platform for emerging financial technologies.

FAQs:

1. What is INTMAX, and how does it work?
INTMAX is a decentralized financial ecosystem that employs cutting-edge technologies like zk-SNARKS and WebAssembly to provide a more efficient financial system. It offers a trusted and secure platform for developers to build complex and high-end dApps.
2. What is the stateless zero-knowledge proof of INTMAX?
INTMAX uses zero-knowledge proofs that ensure that all operations are fully verifiable, transparent, and secure, while protecting user privacy.
3. How does the $5 million seed round financing affect INTMAX?
The seed round financing offers Ryodan Systems AG the financial backing necessary to improve the scalability, performance, and security of INTMAX. It will help developers integrate more dApps into the platform, ultimately leading to INTMAX’s growth and success.

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