Babylon Testnet addresses issues in blockchain such as efficiency, flexibility, scalability, and security
To address the pain points of the blockchain industry, MOI Technology, a P2P protocol network, said it has launched its incentivized public network platform, Babylon Testnet.
By focusing on the participant and delivering humanised interactions in a digital world, the Babylon Testnet addresses issues in blockchain such as efficiency, flexibility, scalability, and security.
MOI said it believes its focus on a “humanised internet” creates an equitable and sustainable digitally interactive society.
Built under the US-based Web3 startup Sarva Labs and having built a network of over 700 validators, MOI claims to have onboarded over 30,000 users as of April 2023.
It raised $4.5 million in a funding round led by Momentum 6, Brailey Group, and others.
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