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Yoz Labs Raises $3.5 Million to Build Scalable On-Chain Messaging Platform

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According to reports, the Web3 notification platform Yoz Labs has raised $3.5 million to further achieve its goal of building a scalable messaging track, allowing developers to dir

Yoz Labs Raises $3.5 Million to Build Scalable On-Chain Messaging Platform

According to reports, the Web3 notification platform Yoz Labs has raised $3.5 million to further achieve its goal of building a scalable messaging track, allowing developers to directly send real-time on chain notifications to users. Early venture capital firm Electric Capital led the investment, and this round of financing includes several Web3 investors and angel investors, such as Collab+Currency, Coinbase Ventures, Dapper Labs, Form Capital, North Island, Mike Krieger, and Naval Ravikant.

Web3 notified platform Yoz Labs to complete a $3.5 million financing

In recent news, Yoz Labs has reportedly raised $3.5 million to help achieve its goal of building a scalable messaging track for Web3 developers to send real-time on chain notifications directly to users. The investment was led by early venture capital firm Electric Capital, and includes a range of Web3 investors and angel investors such as Collab+Currency, Coinbase Ventures, Dapper Labs, Form Capital, North Island, Mike Krieger, and Naval Ravikant.

What is Yoz Labs?

Yoz Labs is a notification platform that enables developers to send real-time notifications to users on the blockchain. The platform provides a scalable messaging track that helps developers streamline the process of sending notifications.

The Importance of On-Chain Messaging

One of the biggest challenges for Web3 developers is streamlining the process of sending notifications to users. The blockchain enables developers to create decentralized applications (dapps) that run on the blockchain, however, unlike traditional applications, there is no central server. This makes it challenging to send notifications to users in real-time.
On-chain messaging solves this issue by allowing developers to directly send messages to users on the blockchain. This not only streamlines the process of sending notifications but also ensures that notifications are secure and tamper-proof.

The Benefits of Yoz Labs

Yoz Labs is a game-changer for Web3 developers. The platform ensures that notifications are delivered to the intended recipient in real-time and are tamper-proof. The platform’s scalability makes it possible for developers to send notifications to a large number of users without experiencing any delays.
In addition, Yoz Labs also allows developers to create customized messaging campaigns. This ensures that messages are tailored to the recipient’s needs, making them more engaging and effective.

The Role of the Investors

The investment by Electric Capital and other Web3 investors and angel investors is a testament to the potential of Yoz Labs. This funding will allow Yoz Labs to accelerate its growth and achieve its goal of building a scalable messaging track.

Conclusion

In conclusion, Yoz Labs’ $3.5 million investment is a significant step towards achieving its goal of building a scalable messaging track for Web3 developers. The platform’s on-chain messaging feature is crucial for streamlining the process of sending notifications and ensuring that they are tamper-proof. With the support of its investors, Yoz Labs is well-positioned to become a key player in the Web3 ecosystem.

FAQs

1. What is Yoz Labs?
Yoz Labs is a notification platform that enables developers to send real-time notifications to users on the blockchain.
2. What is the importance of on-chain messaging?
On-chain messaging enables developers to send notifications to users without experiencing delays and ensures that notifications are tamper-proof.
3. Who invested in Yoz Labs’ $3.5 million funding round?
Investors in Yoz Labs’ $3.5 million funding round include Electric Capital, Collab+Currency, Coinbase Ventures, Dapper Labs, Form Capital, North Island, Mike Krieger, and Naval Ravikant.

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