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Venom Ventures Fund Invests $5 Million in Everscale to Tackle Web3 Scalability Issues

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Venture capital firms see the potential for blockchain to disrupt various industries. Venture capital firms are investing in startups and projects that are working on blockchain solutions. Public blockchains face various scaling problems when hosting high-scale Web3 projects. These include limited transaction processing capacity, high latency, high costs, scalability bottlenecks, and security concerns.

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Venom Ventures Fund Invests $5 Million in Everscale to Tackle Web3 Scalability Issues
Source: Trends Pinoy

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