Onbloc Secures a $4.33M Investment from NewTendermint
Summary
This marks Onblocs second funding round following an angel investment in late 2022 by Jae Kwon, the founder of Gno.land, reinforcing confidence in Onblocs technical capabilities and growth potential.Gno.land is a next-generation smart contract platform led by Jae Kwon, co-founder of Cosmos and Tendermint. Designed to lower entry barriers for developers, Gno.land leverages Gnolang, a minimalist and efficient smart contract language based on Go. The project aims to onboard the vast Go developer community into Web3 by offering a secure, efficient, and reusable smart contract framework. Its ultimate goal is to host the worlds knowledge base for the new millennium.Founded in 2022, Onbloc has been a core contributor to the Gno.land ecosystem since its inception, building essential tools and infrastructure that reflect the platforms founding philosophy. The company has led various community initiatives, including developing critical infrastructure such as a decentralized wallet, block explorer, and multi-node testnet projects.Gno.land is currently preparing for the beta mainnet launch through its `testnet6` iteration.