MAHE, SEYCHELLES / ACCESSWIRE / January 19, 2024 / Alpha Token Capital, a leading cryptocurrency fund dedicated to supporting innovative crypto projects, has announced a significant investment of $3 million in Beldex, a privacy-enhanced blockchain project. The investment is aimed at accelerating the research and development of Beldex’s ambitious plans, including Ethereum Virtual Machine (EVM) integration, optional privacy features, and the implementation of side-chains.
Alpha Token Capital recognizes the potential of Beldex in shaping the future of decentralized technologies. With a commitment to fostering innovation in the blockchain space, Alpha Token Capital believes that Beldex’s vision aligns seamlessly with their mission to support projects that drive the industry forward.
The $3 million investment will specifically contribute to the following key areas of Beldex’s development:
- EVM Integration: Beldex aims to integrate the Ethereum Virtual Machine (EVM) into its blockchain, allowing seamless compatibility with Ethereum-based decentralized applications (dApps) and smart contracts. This integration opens up new possibilities for interoperability, privacy and new use cases within the broader blockchain ecosystem.
- Optional Privacy Features: Beldex is dedicated to providing enhanced privacy solutions for users. The investment from Alpha Token Capital will support the implementation of on-chain optional privacy features, ensuring that users have the choice to conduct transactions with increased anonymity if desired.
- Side-Chain Development: Beldex’s strategic vision includes the creation of side-chains to enhance scalability and transaction throughput. The investment will play a crucial role in the research and development of these side-chains, addressing the scalability challenges faced by many blockchain networks.
Alpha Token Capital believes that Beldex’s innovative approach to blockchain technology, coupled with its commitment to privacy and scalability, positions the project as a trailblazer in the crypto space.
Nelson, CEO at Alpha Token Capital, expressed enthusiasm about the investment, stating, "We are excited to support Beldex in their mission to advance the capabilities of blockchain technology. The integration of EVM, optional privacy features, and side-chain development are pivotal steps towards creating a more robust and scalable blockchain ecosystem."
Beldex Chairman, Afanddy Bin Hushni, commented, "The investment from Alpha Token Capital is a testament to the potential of Beldex. There are ample opportunities for growth. The EVM integration, optional privacy, and side-chains along with the broader ecosystem consisting of BChat, BelNet, Beldex Browser and the Beldex Privacy Protocol are the building blocks of a more inclusive and scalable blockchain infrastructure. We are grateful for Alpha token capital’s support as we work towards realizing our vision of a privacy-focused and scalable blockchain platform. "
This strategic investment not only strengthens the collaboration between Alpha Token Capital and Beldex but also marks a significant milestone in the evolution of both organizations. As Beldex continues to make strides in its development, the partnership with Alpha Token Capital underscores the importance of fostering privacy and innovation within the cryptocurrency and blockchain industry.
About Alpha Token Capital:
Alpha Token Capital is a leading cryptocurrency fund committed to supporting innovative blockchain projects. With a focus on driving technological advancements and fostering collaboration within the crypto space, Alpha Token Capital seeks to contribute to the growth and development of the decentralized ecosystem.
About Beldex:
Beldex is a privacy-enhanced blockchain project dedicated to providing users with secure and confidential transactions, a comprehensive ecosystem of privacy-preserving dApps and more. With a focus on innovation and scalability, Beldex aims to integrate the Ethereum Virtual Machine (EVM), provide optional privacy features, and develop side-chains which will address the evolving needs of the blockchain community.
For media inquiries or further information, please contact:
Email: partner@alphatokencapital.com
Name: Nelson
Company: Alpha Token Capital
Name: Shawn Gabriel
Email: shawn@beldex.io
Company: Beldex International
SOURCE: Alpha Token Capital
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