Anoma Network Stock

anoma.networkFinTech / Blockchain softwareFounded: 2020

Anoma Network is a developer of a blockchain protocol that allows users to anonymously barter and trade with any number of parties.

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News Highlights

Cosmos Layer 1 Namada allocates 3% of token supply to incentivized testnet users
Namada, a privacy-focused Layer 1 blockchain, will launch an incentivized testnet that rewards participants with 3% of its total token supply. The testnet, a multiplayer role-playing game, is designed to let participants test the network's consensus algorithm and Sybil resistance before the mainnet release in early 2024.
With mainnet launch, Namada makes a bid for multichain privacy
The Anoma Foundation has announced the launch of the mainnet for its blockchain protocol, Namada, aiming to enhance privacy across multiple chains. The asset-agnostic protocol uses zero-knowledge cryptography and allows users to interact with various assets across different chains. Initially, users of Osmosis, a Cosmos-focused market maker network, will be able to transact without revealing private information. The blockchain is compatible with all Cosmos-based chains and offers a bridge to Ethereum.
Crypto Infrastructure Firm Anoma Foundation Raises $25M
The Anoma Foundation, a non-profit overseeing the Anoma blockchain architecture and the Namada blockchain, has raised $25M in its third funding round. The funding, led by CMCC Global, will be used for further development of the Anoma architecture, research, ecosystem development and strategic partnerships. Potential use cases include decentralized exchanges and finance applications.
Updated on: Feb 28, 2024

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