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Scroll is an EVM-compatible blockchain built using the zk-Rollup technology. The project was created in close collaboration with the PSE (Privacy and Scaling Explorations) group at the Ethereum Foundation, which is tasked to solve the problem of scalability and high fees of the Ethereum network.
You can learn more about the technical side of the project on their official website and from their articles on Mirror if you are interested in the strategic goals of the project and the stages of its development.
Investments:
The project raised $80M from Polychain Capital, Bain Capital Crypto, Robot Ventures, Geometry DAO and other funds. It is worth noting that Polychain Capital acts as a Lead investor, which this is a major positive, because this fund often invests in projects that launch with a retrodrop.
Thoughts:
At the moment, Scroll has entered the Mainnet network and is building up infrastructure, deploying on new Dapps. This project remains obscure, because the bulk of users are focused on other L2 solutions, which means that the project is still undervalued. Investments of $80 million are quite impressive and provide a good impetus both for the development of the project, and for liquidity and subsequent market making.
Currently, there is a continuing trend of L2 projects being released as retro-drops. The success of the release of Arbitrum and Optimism showed the effectiveness of this model, so the rest of L2 will try to use this tool in order to stay competitive at marketing, attracting community and liquidity, which means that we can be active in this project with a high probability of receiving their token afterwards.
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