Blocksense completes $4 million seed round financing, led by Permutation, and participated in the investment of a16z's CSX
On September 10th, according to official news, Blocksense completed a $4 million seed round of financing. This round of financing was led by Permutation, and a16z's Crypto Startup Accelerator (CSX), Scott Moore, Public Works, Tykhe Block Ventures, Selini Capital, and MH Ventures participated.
It is reported that Blocksense is a Zk Rollup-based oracle solution that reduces high costs through tightly packed data blocks, introduces a transparent fee model, and provides a fully decentralized, permissionless data feed, aiming to revolutionize the oracle network. Anyone can become a data provider on the network by staking BlockSense tokens, and nodes will automate all reporting tasks by taking the appropriate oracle script and broadcasting its results to the BlockSense network.