Built as a protocol to take network interoperability to a whole new level, Astar Network became the third protocol to win an auction of the Polkadot parachain, a development that clearly shows the potential of the crypto community when it believes in a project. Astar Network is also building a framework where Web 3.0 developers can be adequately incentivized and rewarded for their work.
With the new financing, the startup now has the financial support to be able to continue the development of its project in the creation of a multichain solution. As stated by the startup, it is working tirelessly to become one of the main smart contract hubs in the near future.