Ethereum-based cryptocurrency project Superfluid received an investment of $5.1 million from a group of investors.
Fabric Ventures, Multicoin Capital, Circle Ventures, Safe Foundation, The LAO, Taavet+Sten and several other names invested in the project.
Superfluid, which started to be used in 2021, supports various cryptocurrency projects. a single blockchain transaction over salary, reward etc. make recurring payments provides. Customers of the project include names such as ENS DAO and Optimism.
Superfluid, to provide this service “super token” between two parties, called Establishing token flow It uses a system that provides Superfluid team, today distributing a certain pool of funds to more than one recipient will provide distribution pools working on it.
Superfluid CEO Francesco George Renzi said: “From the sender’s perspective, a flow to a distribution pool looks like a flow to a single user. This single transaction has the same gas cost regardless of the number of buyers. This means developers can now leverage Superfluid scalable to millions of users with predictable gas costs It means it can build smart contracts.” said.
Superfluid’s future Whether it will issue its own cryptocurrency Answering a question about the issue, Renzi said that this decision will belong to the community told.
Renzi, “To decentralize management, so far most tried and tested “We will follow the roads.” said.