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Irys launches misinformation-focused feature by end of 2024?
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Resolution / Starting Odds
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Official press releases or product updates from Irys
Story
Irys Raises $8.9M in Lemniscap-Led Funding Round, Total Raise $8.9M
Jun 12, 2024, 01:54 PM
Irys has successfully raised $8.9 million in a strategic funding round led by Lemniscap, as reported by TheBlock. This funding round also saw participation from high-profile investors including Framework, Primitive Crypto, Hypersphere, and Permanent VC, bringing Irys' total raise to $8.9 million. The funds will be used to enhance Irys' on-chain management capabilities and combat misinformation. Lemniscap highlighted Irys' platform for enabling precise attribution of data origin through proof of provenance.
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Yes, it reduced misinformation • 50%
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Effective • 50%
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