Evmos developers raise $27 million in a token sale led by Polychain
Tharsis, the developers of Evmos blockchain, raised $27 million at an undisclosed valuation in a token sale round led by Polychain Capital. he team hopes to deploy the newly raised capital toward accelerating the development of decentralized applications in the Evmos network ecosystem.
Launched in April, Evmos aims to position itself as a leading Cosmos-based blockchain that offers compatibility with Ethereum via Ethereum Virtual Machine (EVM), a computing environment used by Ethereum developers. Tharsis hopes EVM will make Evmos more appealing to Ethereum developers. Over the last few years, EVM has become the most widely adopted computing standard for developing smart contracts.
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