Auzzi Shopping

Men's Weekly

.

Array Secures $10 Million Investment from Temasek Family for Next-Generation Algorithmic Currency System

  • Written by Auzzi Shopping

VICTORIA, SEYCHELLES - Media OutReach - 1 May 2023 - On March 28, 2023, Array is thrilled to announce that it has secured a $10 million investment from Temasek Family, a leading global investment firm.

This investment marks a significant milestone for Array.


The first round of funding raised $10 million in equity financing, which is a strong indication of Array's potential and value. Array has already gained significant attention and support from investors, and this second round of funding is even more remarkable.

Array is thrilled to reveal that its valuation after this investment is rumored to be over $100 million, making it one of the most valuable algorithmic currency systems in the market. Array is grateful for this massive investment from a well-respected family, which is a strong indication of the potential and value that it brings to the table. Array believes that this investment also suggests that the family has faith in its vision and the team behind it.

Array has developed innovative and disruptive technology that has caught the attention of investors and industry experts alike. Its algorithmic currency system is designed to be more stable, efficient, and scalable than traditional cryptocurrencies, making it a promising candidate for a variety of use cases, including payments, remittances, and investment.

Its smart contract platform, ArrayFi, is also a significant development in the blockchain space. It enables decentralized applications to be built on top of its network, leading to a more decentralized and democratic financial system. ArrayFi is a fully decentralized finance (DeFi) smart contract platform driven by its self-invented AI algorithm, ArrayGo. Based on the bonding curve smart contract, ArrayGo has all the advantages of maintaining stability and preventing risks while being greatly improved. ArrayGo operates independently, without any human or institutional control, and is driven solely by market actions. Unlike traditional bonding curves that are set up by centralized controllers, Array-Go learns, observes, and predicts, making ArrayFi a groundbreaking DeFi project in the market.

Hashtag: #Array

The issuer is solely responsible for the content of this announcement.

About Array

Array is an omni-chain protocol for application-oriented decentralized asset management, dedicated to building a next-generation algorithmic currency system. Array redefines the potential of algorithmic currency, simplifies the complex steps of application interaction, and allows Web3 to get rid of the cycle of volatility while still enjoying the creation of wealth together.


Twitter:
Discord:
Telegram:

Today's Features at Auzzi

10 Key Steps for Parents Navigating Primary School Enrolment in Victoria

Key Highlights Navigating primary school enrolment in Victoria involves understanding the enrolment criteria and placement policies. Researching neighborhood schools and finding your l...

How to Gently Whiten Your Teeth Without Harming Your Enamel

Source Image We all want whiter and cleaner teeth. However, there is a ton of misinformation out there. We do live in the age of the internet after all, and myths can spread faster than w...

How Headless CMS Enables Faster Content Experimentation for Product Teams

Forever testing to iterate content strategies in a world that changes digitally at lightning speed is essential for product teams. Testing gives access to learnings about what users want a...

The Therapeutic Side of Knitting: How It Supports Mental and Physical Health

Once thought of as a charming hobby for grandparents, knitting has become a popular therapeutic outlet for people of all ages. Knitting offers more than just handcrafted sweaters and scarv...

Don’t Pick the Wrong Floor: Laminate vs Hybrid Showdown

Laminate vs Hybrid Flooring: Which Option Is Right for You? Australia’s flooring market offers an impressive array of options—but for many homeowners, this abundance can be overwhelmi...

Understanding the Importance of a Lorry Water Tank in Water Distribution

Water supply plays a crucial role in sustaining life and supporting industries, especially in regions facing water scarcity or lacking reliable infrastructure. In these scenarios, mobile w...

Brighten Up Your Home: How Clean Windows Transform Interiors

Have you ever noticed how clean windows can completely transform the feel of a room? One minute the space feels dull and closed in, and the next, it is filled with natural light, looking b...