It is clear that privacy is a very important problem for every ecosystem, and Raze was created as a solution to this problem. Their team expects it to provide end-to-end anonymity for the entire DeFi and Web3.0 stack. The objective of Raze Network is to enable cross-chain privacy-preserving payment and Defi systems, while protecting the transparency of users’ assets and behaviors from surveillance.
When talking about the investment in Raze Network, Tony M – Co founder of Illusionist Group said:
“Owning one of the largest Polkadot communities in the world, investing in Raze Network – the first Polkadot-based cross-chain security protocol, is an inevitable strategic move of Illusionist Group. We believe that with our financial strength, marketing plan and community-building experience, Illusionist Group will help Raze Network quickly achieve its goal of activating enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.”
With this investment, Illusionist Group hopes to support Raze Network to improve the development of their project as well as speed up the process of completing all the features.
About Raze Network
Raze Network is a Substrate-based, cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems, while protecting the transparency of your assets and behaviours from surveillance.
About Illusionist Group
Illusionist Group is the capital behind Polka Warrior – the biggest community of $DOT hodlers around the world. It is a global blockchain and digital asset investment firm, which focuses on ventures, tokens, projects, as well as the growth of the cryptocurrency market.
Illusionist Group has extensive history in global fund distribution, combined with our strong relationships and partnerships with investors, venture capitals, leading academic institution and fund platforms can create values to support technical teams having robust and innovative projects, which helps to grow a larger and stronger blockchain ecosystem.