Fortune

Polygon

Quick take: 
<ul> 
 <li>The Clusters names service allows users to buy a domain on any chain and automatically make it appear on others.</li> 
 <li>The platform is developed by Delegate Labs and powered by LayerZero.</li> 
 <li>The platform allows users to interact with multiple blockchains without switching the wallet.</li> 
</ul> 
Web3 names service Clusters has announced a $9 million seed round backed by Variant, Collab+Currency, Arrington Capital, Mask Network, Electric Capital, PalmTree Crypto, Bloccelerate, and Arca. The fundraising also attracted participation from angel investors Coinabse, Polygon and MetaStreet. 
Clusters is a product of Delegate Labs, the company behind web3 identity provider Delegate Protocol. The platform leverages LayerZero’s omnichain protocol for its cross-chain name service. 
The platform allows users to buy a domain from any chain and automatically make it appear on other chains. The Clusters name service has been developed to address the challenge of fragmentation in the blockchain industry.&nbsp; 
Traditionally, users are forced to use multiple wallets, to interact with specific blockchains. With Clusters, users can interact with multiple blockchains without switching their wallets. 
“We are the first ones to be compatible with everything,” Delegate Labs founder Foober told <a href="https://fortune.com/crypto/2024/02/01/delegate-labs-9-million-round-clusters-connecting-crypto-wallets/" target="_blank" rel="noreferrer noopener">Fortune</a> on Thursday, adding that the most important aspect of his company’s cross-chain name service is making it easy to use. 
According to Foober, “It shouldn’t matter what blockchain you are interacting from.” 
The Clusters name service proposes to help aggregate assets in one place, regardless of whether users are trading cryptocurrencies, <a href="https://www.nftgators.com/what-is-a-blockchain-game/">gaming</a> or holding <a href="https://www.nftgators.com/what-is-an-nft/">NFTs</a>, he said. 
According to Foober, the team behind Clusters used backend bridges in partnership with the interoperability protocol LayerZero.&nbsp; 
Commenting on his company’s participation in the fundraising, Michael Arrington, founder of Arrington Capital said in a statement: We are excited to support [Clusters] on their journey to make cross-chain interaction super simple, abstracting away cumbersome wallet interactions that we have today and paving the way to onboard the next wave of participants to the ownership economy.” 
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The post <a href="https://www.nftgators.com/clusters-raises-9m-seed-round-for-cross-chain-name-service/">Clusters Raises $9M Seed Round for Cross-Chain Name Service</a> appeared first on <a href="https://www.nftgators.com">NFTgators </a>.

Clusters Raises $9M Seed Round for Cross-Chain Name Service

NFTgators

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