QED Protocol
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
* | $3.0m | Early VC | |
* | $6.0m Valuation: $100m | Seed | |
Total Funding | €8.2m |
Recent News about QED Protocol
EditQED Protocol is a blockchain platform designed to support scalable and privacy-preserving smart contracts. It operates in the blockchain and decentralized finance (DeFi) market, targeting developers and businesses looking to leverage blockchain technology for secure and efficient transactions. The platform's core product includes Turing complete smart contracts without the bloat of a zk VM, allowing users to prove their own transactions, thereby preserving privacy and reducing fees. QED Protocol also offers first-party IDE plugins, debuggers, and tooling for VSCode, making the transition to Web3 development seamless. The business model revolves around providing these advanced blockchain solutions and tools, generating revenue through service fees and premium tool subscriptions. QED Protocol's efficient circuits enable millions of concurrent users to transact in parallel, addressing the key scaling barrier that has hindered mass adoption of blockchain technology.
Keywords: blockchain, smart contracts, scalability, privacy, efficient circuits, Web3 development, IDE plugins, VSCode, decentralized finance, Turing complete.