Orochi Network Raises $12M to Transform Blockchain Data Integrity

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Orochi Network’s $12M Adventure: The Quest for Data Integrity and Other Mysteries of the Universe!

In a universe where data integrity is as elusive as a well-placed sock in a laundry basket, the Orochi Network has managed to secure a staggering $12 million in funding. This windfall is earmarked for their Verifiable Data Infrastructure, a fancy term for a technology that promises to make blockchain systems as secure as a vault guarded by a particularly grumpy dragon. 🐉

Among the illustrious investors are Presto Labs, Smape Capital, Anti Capital, Maxx Capital, Bolts Capital, Aza Enterprises, Connectico, Kyros Ventures, and Titans Ventures. Yes, it seems that the investment world has decided to throw a party, and everyone is invited—except traditional oracles, which are being shown the door. 🚪

But wait, there’s more! The tech community has rallied behind Orochi like a group of enthusiastic cheerleaders, thanks to grants from the Ethereum Foundation, Mina Protocol, Web3 Foundation, and BNB Chain. It’s like a techie version of a high school reunion, where everyone is just thrilled to see each other again. 🎉

Expanding a Verifiable Data Infrastructure for Web3

Orochi’s grand plan involves tackling the age-old reliance on oracles by creating a unified ecosystem that makes them as obsolete as floppy disks. Their infrastructure is focused on key aspects such as data integrity, seamless interoperability, and scalability—basically, all the buzzwords you can fit into a single sentence. 🐝

With a tech stack that includes ZK-data-rollups, Verifiable Data Pipeline, Hybrid aBFT Consensus, and Merkle DAG structures, it’s like they’ve thrown every cool tech term into a blender and hit ‘puree’. The result? A delightful concoction of provable data authenticity, enhanced security, and seamless integration that would make even the most skeptical techie nod in approval. 🤖

Mary, the CEO of Orochi, expressed her excitement about the funding, stating:

“We are thrilled to have secured this substantial funding, which validates our vision for data integrity and availability. This investment will enable us to scale our infrastructure, expand the market, and forge strategic partnerships to bring the benefits of verifiable data to a wider audience.”

Strategic Partnerships and Industry Collaborations

Orochi has already forged over 80 partnerships with industry leaders, including Nexus Labs, Mina Protocol, Lumia, Aligned Layer, 0G Foundation, and Base. It’s like a tech networking event where everyone is trying to outdo each other with their impressive connections. 🤝

In a recent twist, Plume Network has integrated Orochi Network into Plume Nexus, enhancing its on-chain data framework with ZKP-powered technology. This collaboration aims to improve security for real-world assets while supporting a scalable and regulatory-compliant financial ecosystem. Because who doesn’t want their assets to be both secure and compliant? 🏦

We’re excited to onboard @OrochiNetwork to bring their ZKP-powered infrastructure to Plume as part of Plume Nexus, our onchain data highway.

This will set a new standard for secure RWAs onchain, empowering us to build a more secure, scalable, and compliant RWAfi ecosystem.

— Plume Network – RWAfi L1 ✈️ ETHDenver (@plumenetwork) February 26, 2025

Orochi’s Orocle and Orand solutions will be incorporated into Plume, offering reliable data feeds for decentralized applications and providing developers with trusted randomness. Because who doesn’t love a little randomness in their lives? 🎲

Thanks to Orochi’s secure verification system, Plume’s network will benefit from ZKP security while ensuring the efficiency required for broader adoption of tokenized real-world assets. It’s like a techie fairy tale where everyone lives happily ever after—at least until the next funding round. 🧚‍♂️

In a final flourish, Orochi has partnered with Rivalz Network to enhance the connection between AI and blockchain technology. This ambitious effort seeks to integrate artificial intelligence within decentralized ecosystems, opening new opportunities for innovation. Because if there’s one thing we need, it’s more AI in our lives, right? 🤖✨

And just to prove they’re not all talk, the startup attracted more than 2.25 million users to its Airdrop

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2025-02-28 00:24