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Socket Protocol is the first platform to introduce chain abstraction, allowing developers to create applications that function across several blockchains as if they were a single network. It relies on streamlined smart contracts to handle core processes, offering developers full control over their development possibilities while maintaining simplicity for users.
On July 27th, 2022, Socket raised $2M via a Seed Round from Balaji Srinivasan, IDEO CoLab Ventures, LongHash Ventures, and others.