Modular Labs is a decentralized platform intended to popularize blockchain technology. The company’s platform provides support as well as resources to developers who want to develop decentralized applications, enabling developers to launch their apps on blockchain and earn revenue.
Modular Labs is a private company that recently completed its seed funding round. The company is based in Gangnam, South Korea. The platform developed by Modular Labs is designed to support early-stage blockchain projects through the integration of modular architecture.
Modular Labs offers a range of solutions aimed at facilitating the development and launch of decentralized applications:
- Support for Developers: Modular Labs provides crucial support and resources for developers aiming to harness the potential of modular blockchains for the sake of more easy-to-use decentralized applications.
- Modular Architecture: The transition to modular blockchains is driven by the recognition that DApps require adaptable and scalable infrastructure for superior user experiences.
- Promoting Blockchain Adoption: Modular Labs aims to accelerate the adoption of web3 across Asia by supporting early-stage blockchain projects.
Team, Investors, and Advisors
The fundraising round for Modular Labs was co-led by two prominent investors in the industry, Hashed and K300 Ventures. These investors bring considerable experience and insightful knowledge in the Web3 markets to bring invaluable expertise to support project founders.
Synergies with our Portfolio
Investing in Modular Labs signifies potential integration into all managed projects, enhancing both management capabilities and risk mitigation. The company’s focus on addressing the persistent issue of gas fees reduction has long been a concern in the industry. Streamlining fees while maintaining security will bring numerous advantages to project growth. Additionally, users will find easier access to the industry and the products in the investment portfolio, contributing to the widespread adoption of blockchain technology worldwide.
K300 Ventures has instituted, upheld, and rigorously executed comprehensive internal protocols and methodologies crafted to detect and proficiently oversee conflicts of interest pertaining to its investment undertakings. The contents herewith are furnished solely for the purpose of conveying information and must not be regarded as a substitute for legal, commercial, investment, or taxation counsel. Additionally, any allusions to securities or digital assets are purely elucidative in nature and do not qualify as an endorsement for investment or a proposition to furnish investment advisory amenities.