HomeNEWSChromia adopts Asymm Ventures as network provider

Chromia adopts Asymm Ventures as network provider


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On Thursday, an Asia-based VC firm Asymm Ventures partnered with Chromia blockchain to become its network provider. The firm announced the development in its latest blog post. By virtue of this development, Asymm Ventures will now be supporting Chromia’s Mark 2 Testnet and mainnet.

Occasioned by its onboarding as a network provider for Chromia, Asymm Ventures aims to further commit itself to the development of the platform. Recall that it has earlier initiated an early stage investments in Chromia. This thus makes the protocol the right choice to serve as the network provider of the blockchain firm.

By playing this role, Asymm Ventures is expected to effectively assist Chromia in its bid to deliver a next generation gaming and dapp protocol. More so, the VC firm will be able to actively support their assets through this partnership. Worthy of note that beyond Chromia, Asymm Ventures have also offered supports to other ecosystem projects, including My Neighbor Alice and many more.

Chromia now has four network providers for its testnet

Notably, Chromia has, in recent times, been relentless in fostering its ecosystem. Just a few days ago, it announced VC Fund NGC Ventures as its network provider. Interestingly, NGC Ventures remains one of the biggest blockchain and ledger venture groups across the globe. Just like Asymm Ventures, NGC was also an early investor and a vital backer of Chromia’s private sale. Both firms started their business relationship since 2019 and have continued to grow together ever since. According to Chromia, the technical support, expertise and experience provided by the Venture has been pivotal to its journey to foster users experience. Meanwhile, by adding Asymm Ventures, the testnet now has more than four onboarded network providers.

In Mid-February, the protocol confirmed its partnership with Dwellir AB, a leading class RPC infrastructure provider. The Chromia CEO, Henrik Hjelte said Dwellir will serve as the initial provider partner of the blockchain firm. Hjelte described the choice of Dwellir as natural, stressing that the RPC infrastructure provider possesses the capacity to establish the foundation of the blockchain network. Worthy of note that Dwellir currently sustain nodes for more than 30 blockchains. They include Ethereum, Polkadot, Kusama and many more. Beyond this, it also has the capacity to process over 50 million requests in a day.

Over time, Chromia has also been investing in blockchain gaming projects. Recently, it made a strategic investment in the blockchain gaming project Domenation and its parent studio Blackmouth Games. Reportedly, the gaming project aims to integrate Chromia as its Layer-1 and Layer-2 solution.

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Dare Ibitoye
Dare Ibitoye
Over the years, Dare has been a committed reporter in the field of cryptocurrencies. He is also interested in researching about the innovative projects within the blockchain space. During his spare time, Dare loves to listen to music and read about technological trends in the contemporary world

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