Zeus Network completed $8 million in financing at a $100 million valuation, led by Mechanism Capital

BlockBeats news, on April 4, Solana ecological cross-chain communication network Zeus Network announced the completion of US$8 million in financing at a valuation of US$100 million, led by Mechanism Capital, OKX Ventures, Animoca Ventures, Big Brain Holdings, Lemniscap and The Spartan Group. Angel investors including Solana co-founder Anatoly Yakovenko, Stacks co-founder Muneeb Ali and Mechanism Capital founder Andrew Kang also participated in the round. Justin Wang, founder and CEO of Zeus Network, said the round of funding comes in the form of a Simple Agreement for Future Tokens (SAFT). (The Block) According to previous news, Jupiter LFG Launchpad’s first project, Zeus Network, will be publicly released on April 4. Users can trade ZEUS on LFG Launchpad and receive airdrop allocations at 21:00 on April 4, Beijing time. In response to community feedback, Zeus Network will allocate 1% of the total ZEUS airdrop to all voters participating in the first round of LFG voting. In addition, Zealy supporters and Dappie Gang NFT holders will each be allocated 1% of the total ZEUS airdrop.