Invarch — UPDATES FOR THE FIRST WEEK OF FEBRUARY
Invarch is basically a medium based for IntellectualProperty Tokenization & Community based developments. Unlike other chain networks that have been centered on financial Investment services & physical asset tokenization, Invarch platform enables security & utility for abstract dataSets. The platform aims to develop a really intuitive system to tokenize ideas and develop Decentralized collaborations. Today in the article, we’ll be focusing on the Recently Achieved developments made by Invarch over the course of the week. Before the topic is being detailed, a little information about it’s ecosystem will be initially stated.
INVARCH PLATFORM INTRODUCTION
The Invarch platform has been known generally as a CuttingEdge chain network which links the gap between ideas & development. By linking amazing ideas/initiatives with dexterity & resources across the globe, the platform enables the foundation for the latest Decentralized markets & enterprises to be made, which then extends access & opportunity via StartUps, Services & applications. Invarch platform permits various operators & resources of the placed Product or Enterprise development process to develop, connect & function on one Ecosystem. The platform has also initiated a token called “VARCH Token”. More detailed information about the aforementioned network developments will be stated below.
CrossChain IP Utility and Authentication Funding Updates (CoinTelegraph Press Release)
During the week, the platform’s team was happy to formally share that the project has raised $1.75 million (a $25 million Valuation) to find Cross Chain IP Utility and Authentication in the Polkadot Ecosystem. For more info: https://cointelegraph.com/press-releases/invarch-raises-175m-to-fund-cross-chain-ip-utility-and-authentication
The link above contains the announcement provided by CoinTelegraph.
Network Upgrades
The team has been working to finalize some upgrades to Pallet_IPS and looking to complete Pallet_IPR in the coming days. All of this is in preparation for the InvArch testnet: the Tinker chain. For more info: https://app.subsocial.network/5857/inv-arch-weekly-02-05-2022-31277
Whitepaper Updates
Additionally, the team is also happy to share the Chinese version of the InvArch whitepaper, available on the InvArch website. The Russian version is on the way and will drop in a few days (sorry for the delay, everyone), and a surprise German edition will be dropping on the website soon. For more info: https://app.subsocial.network/5857/inv-arch-weekly-02-05-2022-31277
Community Development
The Community growth is back and amplifying, With the InvArch community Discord now consisting of nearly 17,000 members, over 700 members (with hundreds more in the way) in the InvArch Ambassador Program, and surpassing 5,000 followers on Twitter. For more info: https://app.subsocial.network/5857/inv-arch-weekly-02-05-2022-31277
CONCLUSION
The month of January was another exceptional month for the platform as they enabled amazing updates for the community. Great developments such as the Community’s development have really made them even more prominent this week.
The week was filled with announcements, with a big focus on tech set for the coming weeks. The team is growing, working hard, and also ready to start rolling out some alpha info that will blow the world away. Stick around and users are going to be stunned by the results of the team’s hardwork.
To learn more about InvArch visit the links below;
