Solana On-Chain Mining Project Ore Announces Regolith Labs and Completes $3 Million Seed Round Funding
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September 12, 2024
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Ore, a Solana-based mining project, raises $3 million in seed funding
Ore, a Solana-based mining project, announced on social media the creation 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. By leveraging new proof-of-work mining primitives and liquidity networks on Solana, it aims to bring millions of new users into the cryptocurrency space.
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