Solana On-Chain Mining Project Ore Establishes Regolith Labs and Completes $3 Million Funding
Article is form Jinse
September 13, 2024
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On September 14th, Ore, a Solana blockchain mining project, announced on social media the establishment of Regolith Labs and the completion of a $3 million seed funding round. The round was led by Foundation Capital, with participation from Colosseum, Solana Ventures, B+J Studios, Dead King Society, and 3KVC.
Regolith Labs aims to accelerate the development of the ORE ecosystem. Through new Proof-of-Work mining primitives and liquidity networks on Solana, the project aims to bring millions of new users into the cryptocurrency space.
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