Bloctopus completes $1 million financing to advance dApp development tool construction.

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PANews April 3rd news, according to official news from Bloctopus, the original LZero has been renamed to Bloctopus and has completed a $1 million pre-seed round of financing led by Hivemind Capital, with participation from Techstars, IronKey Capital, and several blockchain founders. Bloctopus is committed to building an on-chain "Firebase" and has partnered with the Ethereum Foundation, Kurtosis, and others to launch on-demand deployable developer tools, aiming to drop DevOps costs by 90% and increase development efficiency by 20 times. Its v1 version has been launched, supporting cross-chain environment simulation.

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