Multicoin Capital leads Eden Network’s $17.4M seed raise By Cointelegraph

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Multicoin Capital leads Eden Network’s $17.4M seed raise

transaction protocol Eden Network has raised $17.4 million in seed funding from some of blockchain’s biggest venture funds, underscoring the need to address ongoing challenges facing the block production economy.

The funds will be used to support the adoption of Eden Network among developers, miners and users, the company announced Wednesday. The network claims all users will benefit from its ordering rules thanks to an improved block production system.