Thread by @iammodaw

Today I would like to share my thoughts and ideas about the @entropydotxyz project, and its values both for myself personally and for humanity!

Also I have some surprise for you at the End of this tweet!

The @entropydotxyz team is extremely focused on launching the first ever truly win-win protocol for decentralized asset storage.

Self-storage should be a pillar of Crypto. Many believed that from the early days of the industry, this vision would always be at the forefront of priorities.

Sectors such as #Defi and #NFT technology are growing exponentially and seemingly limitlessly creative, while storage infrastructure has remained stagnant since the launch of Multisig in early 2017 due to the complexity of the problem.

Solving the problem of #decentralized storage is not only about creating a reliable and secure network to simplify permissions.

It is about a deep understanding of how to create a completely new design space around #decentralized institutions and their participants, as well as providing products that meet the needs of all #cryptocurrency users.

@entropydotxyz aims to radically change the design of cryptocurrency storage, facilitating the growth of truly #decentralized organizations and their participants.

Whether it’s a #DAO, a #venture capital firm, a #corporation, or a #treasury, we’re deploying infrastructure primitives that eliminate the inefficiencies of existing cryptocurrency storage solutions.

With @entropydotxyz , decentralized institutions will outperform their predecessors by moving value and resources in a truly reliable and radically more efficient workflow.

“Entropy’s mission to create a decentralized and trusted storage solution will revolutionize how people interact with and use cryptocurrency. Their product will be essential in a multi-chain world.

The Entropy team has remarkable experience in the crypto ecosystem and we are excited to support their pioneering efforts.” — Haseeb Qureshi, Managing Partner at @dragonfly_cap.

Entropy is a cryptographic solution.

Our goal is to create a decentralized, community-owned, and operated network using advanced Threshold Cryptography and Multi-Party Computing (MPC) so that users can securely store and use their cryptocurrency *on any blockchain*.

Think Decentralized Fireblocks … except for everyone. @entropydotxyz recognizes that there is a multi-chain reality ahead of us and is committed to providing a solution that will allow anyone and everyone to interact with the growing #web3 ecosystem.

Let's check @entropydotxyz fundraising:
Pre-seed — $1.95 million

The round was led by @dragonfly_cap and accompanied by @TheLAOOfficial and @p2pcapital.

In addition, they have received the support of several phenomenally experienced founders and business angels, such as:

@MacLaneWilkison (co-founder & CEO of NuCypher)

Naval Ravikant (co-founder & former CEO of AngelList)

Jutta Steiner (co-founder & former CEO of Parity)

Lucas Vogelsang (co-founder & CEO of Centrifuge)

Henry de Valence (founder & CEO of Penumbra Labs)

@DeanEigenmann (co-founder of Dialectic, formerly ENS)

@ViktorBunin (Coinbase, formerly Bison Trails)

Robert Miller

Maya Zehavi

@grugcapital

Seed-$25 million

Leed by @a16z

Accompanied by:

@dragonfly_cap

@etherealventure

@variantfund

@coinbase Ventures

@robotventures

Inflection

Komerabi Fund

Angel investors:

Naval Ravikant

@sabrinahahn

James Prestwich

🚨GREAT NEWS!
As you can see @entropydotxyz is a great project with a great vision.
Now I want to introduce some way that you can contribute with this project and get some #Rewards !
1-You can join the #Testnet

2-The project is at a super early stage, there is no announcement of the Ambassador program, but it makes sense to do a couple of articles for it, then you’ll see why :)

For more information join us!

OFFICIAL links:

Twitter — twitter.com/entropydotxyz

Discord — discord.gg/kNYpMhbBs7

Website — entropy.xyz

I wrote this thread about @entropydotxyz , I would be grateful if you support this and help me to improve our community.

@__tux @noisypigeon_ @AbramowitzJesse