SKALE
SKL
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| Public Sale | $5M | -- | Sep 14, 2020 | |
| -- | $18M | -- | Oct 01, 2019 | |
| -- | $10M | -- | Oct 04, 2018 |
| Project | Funding Status | Region | Categories | Ecosystem | Founded | Token Issuance |
|---|---|---|---|---|---|---|
 Ruby.Exchange | DEX DeFi | SKALE | Jan 01, 2021 | No Token |
SKALE, described as a modular blockchain network, is designed to bring scalability to Ethereum. SKALE is the only blockchain network capable of running an unlimited number of fast, on-demand, pooled-security Blockchains with zero gas fees to end users. These individual chains are known as SKALE chains and can be dapp-specific or shared.
The project’s website says it wants to enable people to build and run DApps in a “decentralized modular cloud built for real-world needs and configured for your requirements.” This emphasis on decentralization isn’t at the expense of security.
According to SKALE, those who build on this platform can run Solidity smart contracts “thousands of times faster at a fraction of the mainnet cost” — with games and content streaming services among the projects that already take advantage of its infrastructure.