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Karak (Risk Harbor)

Karak is the risk management Layer 2 blockchain supercharging restaking, AI, and a new generation of secure applications designed for the next billion users.

Series A Funding: $48 Million

Seed Round: $3.25 Million

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Overview

Project industryBlockchain Infrastructure
Product typeTechnology
WhitepaperKarak White Paper Open

What is Karak

  • Modular Security
Karak embeds modular security at the network layer allowing for developers to never sacrifice innovation for security, and enabling them to launch hypersecure rollapps that are safe for users on day 1. Karak sequencer fees unlock a native protection flywheel where network security scales with network usage.
  • Secure Restaking
Karak introduces a new product architecture allowing for users and developers to benefit from secure staking and restaking. Rollapps are natively built on rewards generated from productive assets and users can comfortably interact with LSTs, LRTs, and AVSs to earn rewards while being secured from slashing risks.
  • Decentralized AI
Karak is dedicated to building open infrastructure that prioritizes censorship resistance, privacy, and verifiability. With Karak, seamlessly integrating ML models into a wide array of applications becomes accessible, empowering any developer to harness cryptographic techniques for refining, monetizing, and performing model inference.

Details

Raised: 51,250,000 USD

Legal

Blockchain Platform: Ethereum
Registration year: 2023

Token info

Token standard: ERC-20

Social media

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