Oasis Labs

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Oasis Labs is a privacy-first cloud computing ​ platform to be built on blockchain ​ technology. [3] [5] [4] [2]

Background

The team aims to build a new computing platform that enables cloud-scale, real-world applications with decentralized trust and privacy protection. [3]

According to their white paper [8] ​, the team has developed new privacy preserving smart contract ​ technology that overcomes fundamental limitations of today’s most popular smart-contract platform, Ethereum ​. [3]

Funding

In July 2018, Oasis Labs raised $45 million in a private token presale to a group of high-profile cryptocurrency ​ investors and Silicon Valley ​venture capitalists. [2]

The sale, led by Andreessen Horowitz's new A16z crypto fund, also included Accel ​, Binance ​, Pantera, Polychain Capital ​, Metastable, Foundation Capital ​, Electric Capital, DCVC and Coinbase ​ co-founder Fred Ehrsam ​. [2]

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