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Bitcoin-centric Ethereum L2 network Corn completes $6.7 million financing, Polychain Capital participates

2024-08-19 21:07

BlockBeats news, August 19, according to Cointelegraph, Polychain Capital announced an investment of $6.7 million in Corn, a Bitcoin-centric revenue-generating network.


Corn is a new Ethereum L2 network that uses a tokenized Bitcoin as the network's gas fee and economic incentives, codenamed BTCN.


According to Chris Spadafora, the founder of Corn and BadgerDAO, Corn went live on August 19 and aims to enhance the practicality of the world's first cryptocurrency and introduce new revenue-generating opportunities.

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