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#INTMAX Secures $5 Million in Seed Round Financing

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On April 13th, Ryodan Systems AG, the development company of INTMAX, a stateless zk Rollup project for various network services and finance, announced the completion of a $5 millio

#INTMAX Secures $5 Million in Seed Round Financing

On April 13th, Ryodan Systems AG, the development company of INTMAX, a stateless zk Rollup project for various network services and finance, announced the completion of a $5 million seed round financing. HashKey Capital, Bitscale Capital, B Dash Ventures, SNZ, Scroll, Mask Network, and Alchemy Ventures participated in the investment.

Zk-Rollup project INTMAX completed $5 million seed round financing

On April 13th, Ryodan Systems AG announced the successful completion of a $5 million seed round financing for their project INTMAX. The stateless zk Rollup system was developed to provide a secure and efficient solution for various network services and finance.
##Introduction
The announcement of the seed round financing for INTMAX by Ryodan Systems AG, paints a brighter future for the project. The development company has been working tirelessly to create a stateless zk Rollup system to provide a more efficient and secure solution for various network services and finance.
##What is INTMAX?
INTMAX is a stateless zk Rollup system. It is a type of Layer 2 scaling solution for Ethereum that uses zero-knowledge proofs to batch multiple transactions into a single transaction. As a result, it can process thousands of transactions at once, reducing congestion and increasing scalability on the Ethereum network.
##What Is a zk Rollup?
A zk Rollup is a Layer 2 scaling solution that uses zero-knowledge proofs to compress data. It can bundle thousands of transactions into a single transaction, reducing congestion on the Ethereum network. zk Rollups provide a more efficient solution, faster confirmation times, increased scalability, and lower gas fees compared to the traditional Ethereum network.
##Seed Round Financing
The $5 million seed round financing was fueled by various investors, including HashKey Capital, Bitscale Capital, B Dash Ventures, SNZ, Scroll, Mask Network, and Alchemy Ventures. These investments will help Ryodan Systems AG continue to develop and expand the functionality of INTMAX.
##Benefits of INTMAX for Network Services
INTMAX can provide a more reliable and efficient solution for network services. It allows for faster transaction times, increased scalability, and lower gas fees. This means that INTMAX can help improve the efficiency of decentralized applications (dApps), ensuring that they run smoothly and reliably.
##Benefits of INTMAX for Finance
INTMAX provides an excellent solution for the finance sector. It can offer faster and more secure transactions, reducing the risk of fraud and other financial crimes. The decreased gas fees can also lead to cost savings, which can be passed on to users.
##Conclusion
The completion of the $5 million seed round financing is an exciting milestone for the INTMAX project. With the help of the investment, Ryodan Systems AG can improve and expand the functionality of INTMAX, providing a more reliable and efficient solution for various network services and finance.
##FAQs
1. What is INTMAX?
– INTMAX is a stateless zk Rollup system developed by Ryodan Systems AG.
2. How does INTMAX work?
– INTMAX uses zero-knowledge proofs to compress data, allowing for faster transaction times, increased scalability, and lower gas fees.
3. What are the benefits of INTMAX?
– INTMAX offers a more efficient solution for network services and finance. It can improve the efficiency of dApps and provide faster and more secure transactions for finance. It also offers decreased gas fees, leading to cost savings.

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