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Dapp for upcoming Diem blockchain raises $4.5M in seed investments

News
Pontem Network, a decentralized application that seeks to connect Facebook’s Diem to public blockchains like Ethereum (ETH), has raised $4.5 million in seed investments, setting the stage for continued development of the ambitious digital currency project.
The Pontem Network is described as a Polkadot Substrate-based chain, which means it can serve as a testnet for Facebook’s Diem blockchain. By utilizing a Polkadot parachain, Pontem can introduce developers to Diem’s potential, allowing them to validate their ideas before submitting to the Diem Association.
Pontem co-founder Stas Oskin said his platform’s vision is to “allow developers to build for Diem and at the same time enjoy the liquidity, data, and user base of Polkadot.” ....

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Pontem, the Decentralized Application (dapp) Framework for Facebook's Diem, Raises $4.5M in Seed Round

Pontem, a decentralized application (dapp) framework for Facebook’s Diem Blockchain project, has secured $4.5 million during a private seed funding round. ....

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