The company said that it expects to use this seed capital for product development and corporate expansion. Moralis seeks to provide the blockchain space with a unique user-friendly interface solely for front-end development, while the company and its developers handle the entire back end. The software can also provide complex services such as node management, authentication and transaction indexing — which are needed for cross-chain networks, layer-two solutions and Web 3.0 applications.
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Source: Cryptocurrency - investing.com
