Layer1 project Shardeum plans to launch its mainnet and release its token in Q3 or Q4 of this year

ChainCatcher news, Shardeum, a Layer1 blockchain founded by WazirX co-founder and CEO Nischal Shetty, announced plans to launch its mainnet in the third and fourth quarters of this year. According to the Shardeum roadmap, the mainnet launch will also be accompanied by a token generation event.

Previously, ChainCatcher reported in March that Shardeum was seeking to raise $5 million in strategic financing at a valuation of $250 million. Additionally, according to the crypto data platform RootData, Shardeum announced the completion of a $18.2 million seed round financing last October, led by Jane Street, Struck Crypto, Spartan Group, Big Brain Holdings, DFG, Ghaf Capital Partners, and Foresight Ventures. (Source link)