Round | Amount | Valuation | Date | Investors |
---|---|---|---|---|
-- | $10M | $90M | Jun 21, 2023 |
Neutron (NTRN) is a cryptocurrency designed to provide fast, secure, and decentralized transactions, with a unique staking system rewarding holders. The coin aims to make cross-chain interactions more seamless and secure, catering primarily to the DeFi and smart contract spaces within the Cosmos ecosystem.
Neutron has incorporated several key features into its platform, including Interchain Queries, Interchain Transactions, and a CRON module for scheduled actions. It also supports Interchain Account (ICA) executions, allowing smart contracts to operate across different blockchain zones without the need for additional code. These components are part of Neutron's broader goal to streamline DeFi applications and smart contract development across a network of interconnected blockchains.
As for its economics, Neutron's token distribution is spread across various segments including Binance Launchpool, investors, liquidity bootstrap, airdrops, team, advisors, treasury, and reserve. The project has outlined specific allocations for each category, ensuring a broad distribution aimed at fostering growth and decentralization.