Thales Group received $10 million to develop at Polkadot Boca | Top DeFi

Thales Group received $10 million to develop at Polkadot Boca

Thales has received a $10 million investment from ZKfund, Holo Capital, Digital Assets to develop the Thales Hayek economic systems layer, the Plato DAO management layer and the IPS network storage layer (IPS-Thales).

Boca's "first lightweight and high-performance parachain" is reportedly chosen as the basis for development, claiming the Polkadot parachain slot.

Polkadot's first algorithmically stable ECHO cash project and Polkacash's first decentralized cross-chain OTC trading platform are expected to launch in the second quarter of 2021.

In the meantime, IPS-Thales will be tested in the near future, and more than 6 IPST incentive tokens for mining will already be launched in 2021. Including FIL+IPST for mining major storage tokens and top 5 tokens of IPS application ecosystem (POC, TMT, NWT, POT, AOE).