VRRB Labs: Raises $1.4M in Pre-Seed Funding

VRRB Labs Raises $1.4M in Pre-Seed Funding

• VRRB Labs, a Miami, FL-based decentralized protocol developer, raised $1.4M in Pre-Seed funding
• The round was led by Jump Crypto, Taureon, and Big Brain Holdings
• The company intends to use the funds to further scale its development and marketing teams and build out an educational program for developers interested in building on VRRB’s platform
• VRRBLabs is building VRRB, an innovative blockchain protocol built on top of a novel consensus mechanism called Proof of Claim
• VRRB leverages a Proof of Claim (“PoC”) consensus algorithm to achieve speed and scale, both vertically and horizontally
• Additionally, VRRB implements a novel approach to smart contract DevOps and execution