Decentralized Custody Solution Entropy Unveils Testnet

IconCryptoNewsTerminal Staff13 Jun, 2024

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Decentralized Custody Solution Entropy Unveils Testnet

Decentralized custody platform Entropy has announced the launch of its Testnet, marking a significant milestone in its development. This launch follows a successful $25 million investment round led by Andreessen Horowitz (a16z), showcasing the strong investor confidence in Entropy's innovative solution. Entropy is a non-custodial platform that empowers users to securely store and manage their digital assets, eliminating the need for third-party intermediaries. The launch of the Testnet provides an opportunity for developers and community members to interact with the platform and contribute to its ongoing development. Entropy's Testnet offers a robust and scalable environment for testing and evaluating the platform's key features, including asset custody, token management, and cross-chain interoperability. As Entropy progresses towards its Mainnet launch, the Testnet serves as a vital step in ensuring the platform's reliability, security, and user-friendliness. The team is actively seeking feedback and collaboration from the community to further refine the platform and deliver a cutting-edge custody solution for the decentralized ecosystem.

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