Arbitrum

Arbitrum

Overview

  • Network

    Arbitrum

  • Country

    George Town, Grand Cayman

  • Arbitrum Team

  • Official Links

  • Latest Funding Round Type

    Series B

  • Latest Funding

    $120M

  • Total Funding

    $143.7M

  • Last Funding Date

    Aug 31, 2021

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Key Highlights

  • Arbitrum is an Ethereum layer 2 scaling solution that supports faster smart contract transactions in a cost-effective way. Arbitrum’s layer 2 solution utilizes blockchain rollups to obtain efficient transaction processing. This scaling solution allows transactions to be processed off-chain before settling them on-chain, thereby allowing the main chain to process more transactions with lower gas fees and optimized space.
  • Developers can build user-friendly DApps on the various ecosystems of the network - Arbitrum One, Nitro, and Nova.
  • The $ARB governance tokens empower token holders to actively participate in shaping the future of the project. $ARB token holders gain the ability to vote on crucial governance proposals within the DAO.

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