Privacy-Focused Blockchain Secret Network Announces $400M in Funding

a new $225 million ecosystem fund and a $175 million accelerator pool, building on the recently revealed initiative called Shockwave that's aimed at making the network a key part of Web 3.

The Secret ecosystem fund will provide long-term financial and strategic support to developers and founders building on the network, SCRT Labs, the core development team behind the network, said in a blog post on Wednesday. A long list of investment partners, including Alameda Research, Arrington Capital, CoinFund and DeFiance Capital, chipped in.

“The primary goal of the ecosystem fund is to ensure that every individual, team and organization building on Secret has a clear path to self-sustainability and support in bringing their products to market,” the Secret Network team wrote. The accelerator pool is funded in SCRT, the network’s native token, and is primarily managed by SCRT Labs. The pool will support

SecretNetwork BrandyBetz I am super bullish on $SCRT and I am sure that they will be developing a lot of new dapps in their blockchain. $SCRT ecosystem will grow massive this year and I am super bullish on the team and development coming around.

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SecretNetwork BrandyBetz Excited to be part of the SecretNetwork ecosystem fund and to support them in their mission of a truly private Web 3.0. Only in this way can the true potential of the decentralized web be unleashed.

SecretNetwork BrandyBetz COSMOS ATOM ecosystem is growing fast...

SecretNetwork BrandyBetz I remember when Solana had a very similar announcement when it was at 30$

SecretNetwork BrandyBetz The future is here. LFG

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SecretNetwork BrandyBetz Waoo

SecretNetwork BrandyBetz 💥💥💥 $SCRT joy is coming 🤗

SecretNetwork BrandyBetz it is so obvious why . A Web 3.0 without privacy does not work. It would be even more disfunctional than Web 2.0. SecretNetwork is the only L1 with functioning private smart contracts. $SCRT

SecretNetwork BrandyBetz Big news for $SCRT fan. 🔥🔥

SecretNetwork BrandyBetz $SCRT is a privacy coin which unlike Monero and zcash actually was built with crypto regulation and law enforcement in mind, it can only grow larger from here due to this institutional configuration, this is why Quentin Torrentino made the play with SecretNetwork

SecretNetwork BrandyBetz Everyone check out Metakombatbsc it’s based off the game mortal kombat. Game will release soon with staking already available with huge apy’s.

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SecretNetwork BrandyBetz Oceantokens and SeaChainToken is launching a new target of 3500$ for a new trash barrier Which seeks to unify gamers, crypto users and environmentalists,while using tokenomics to fund river barriers in the 1000 most polluting rivers in the world SeaChainToken samconnerone

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