
Polkadot Parachain Auction Update & GEAR
Last Wednesday, at the Substrate developer conference, Polkadot announced that almost five years after it’s whitepaper was written, parachains are finally ready for launch.
Oct 20, 2021
"The end of the year has been a very remarkable period for Gear. We finally announced that we had raised $12 million in a private investment round led by Blockchange Ventures. In addition to Blockchange, other top venture capital funds who participated in this round include: Three Arrows Capital, Lemniscap, Distributed Global, LAO, Mechanism Capital, Bitscale, Spartan Group LLC, HashKey, DI Ventures, Elysium Venture Capital, Signum Capital, and P2P Economy lead by Konstantin Lomashuk, along with several top executives of Web3 Foundation and Parity Technologies, including its founder Gavin Wood."