Portal’s layer 2 and layer 3 atomic swap technology can be used for a general purpose market for data and computation.Portal goal is to replace the web server model which is prone to centralization by design and architecture with a free market for data and computation. Fabric, the underlying protocol Portal uses extends Bitcoin’s functionality today without needing any BIPs.

The seed round brings Portal's total funding to $42.5 million, adding to the $8.5 million raised in pre-seed funding in 2021.

Portal

Portal is a Bitcoin-based cross-chain atomic swaps protocol. 

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