Dai Lo has officially announced the successful acquisition of Fractal , marking an important milestone in the field of blockchain technology and privacy innovation. After months of strategic negotiations, the acquisition of an undisclosed amount will enable Dai Lo to fully utilize Fractals cutting-edge ZK technology to advance its future vision.
The acquisition covers Fractal’s technology assets, token reserves, intellectual property, and its core community. By integrating these resources, Dai Lo plans to continue to expand and launch transformative technology solutions based on the foundation laid by Fractal’s founders.
Fractal should be an important part of every DeFi, AI and other on-chain technology stack. Privacy technology is a key application and should be an option in every application on every chain. said Gary Mitchell.
Fractal’s strategic outlook
At the beginning of this year, Dai Lo began exploring innovative projects in the Bitcoin, UTXO, BRC 20, and Runes ecosystems. Fractal stood out as having great potential, but has yet to fully realize that potential.
Although Fractal has the ability to operate as an independent Layer 1 or Layer 2 platform, its greatest value lies in being a foundational component of the entire ecosystem, combining blockchain technology with traditional Web2 applications. With the core advantage of privacy technology, Fractals technology is expected to redefine the market landscape.
“We believe this project has the potential to achieve a market cap of over $1 billion,” said Gary Mitchell, Dai Lo’s informal leader. “Our goal is to help this project realize its potential and build a future where privacy is a priority.”
Learn more about Dai Lo
Dai Lo is a team of transformation experts dedicated to uncovering potential projects and driving their success.
Gary Mitchell ( @GuyGaryMitchell ): A seasoned entrepreneur with extensive experience in the Ethereum, Cardano, and Solana ecosystems, Mitchell will be fully committed to the Fractal project.
Yeolin Han ( @yeonglihan ): As a technical genius in the field of UTXO chain and RGBPP, Han’s technical capabilities will play a key role in unleashing the full potential of Fractal.
The team also includes about 10 developers focusing on technologies such as AI and ZK.
Future Development
The teams first priority is to revitalize Fractals community. After discovering that previous management issues had caused dissatisfaction among users, Dai Lo promised to rebuild trust, enhance transparency, and attract a new group of supporters to promote the development and growth of the community.
In addition, the team is reshaping its brand image and returning to Fractals core positioning as a privacy-first project. As advanced zero-knowledge technology is gradually introduced, the teams long-term goal is to ensure that Fractal achieves breakthroughs in scalability, reliability, and user experience.
“Privacy is not just a feature, it’s fundamental,” said Yeolin Han. “Fractal will give users control over their public and private information, revolutionizing the way on-chain transactions are private.”
Gary Mitchell added: “Fractal should be an important part of every DeFi, AI, and other on-chain technology stack. Privacy technology is a key application and should be optional in every application on every chain.”
Acknowledgements and Future Outlook
As Discreet Labs, the company behind Fractal, announced its dissolution, Dai Lo expressed his gratitude to all contributors who made this acquisition possible, with a special thanks to Sam Harrison for his important contribution in making the deal happen.
Dai Lo is full of expectations for the future development of Fractal and plans to take the project to new heights. The team sincerely invites community members to join them in promoting innovation in $FRA and blockchain technology.
About Fractal Network
Fractal Network is a multi-layered network dedicated to applying zero-knowledge cryptography at every level of the Web3 ecosystem. Our technology supports a variety of applications such as secure DeFi, asset tokenization, on-chain identity verification, and private transactions. By applying zero-knowledge cryptography, Fractal is providing security at every stage of Web3. Join our X, Telegram or Farcaster communities to learn more.
Contact Details
Contact
Gary Mitchell
Fractal
marketing@fra.tech
