ZetaChain

ZetaChain is a decentralized cross—chain protocol built on the Cosmos SDK, using EVM-compatible smart contracts and full compatibility with Omni networks. It creates a new first-level public blockchain, which is designed to connect other blockchains to each other.
ZetaChain is a testbed for new omnichain dApps applications and a key element of the ecosystem.

The general idea is that instead of deploying DApp and related smart contracts on each network, you add some additional features to the existing smart contract.
Advantages for developers and users.

▪️ Reduction of development costs
▪️Reduced fees
▪️A better and more secure user experience

The first-level blockchain platform (L1) ZetaChain raised $27 million from Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital and a number of other investors.

Updated on: 17/01/2024