Optimism announced the end of investrand $150 million – Bits Media

The startup Optimism, working on reducing commissions in the Ethereum blockchain, attracted additional funding from large crypto -investors.

Optimism representatives announced the attraction $150 million, thanks to which the assessment cost of the startup increased to $1.65 billion. The company is working on a solution, allowing the use of the Ethereum network is easier and cheaper. The developers think, that the network suffers from high commissions and slowness due to the rapid growth of the Defi industry.

The round of financing was headed by large crypto -investment companies, Andreessen Horowitz и Paradigm. Andreessen Horowitz in June last year launched a cryptocurrency fund for $2.2 billion, planning to spend a total of order $4.5 billion for projects, associated with blockchain and digital currencies.

Optimism developers claim, that over the past year they managed to reduce the commission more than 30% By improving the protocol and in the near future they plan to make it even less. In the future, developers want to achieve stable commissions lower than the US dollar.

General Director of Andreessen Horowitz Chris Dixon (Chris Dixon) stated on his Twitter, that as Defi grows, DAO and NFT are also growing commissions for operations on the Ethereum network. it, According to Dixon, strangles innovation and fighting off the desire of some users to work with the network.

Recall, In October last year, the analytical resource Bitinfocharts published a report, according to which the average commission in the blockchain of the Ethereum grew almost in 24 times.