Objective and Reason for Investing
Primev is the first-mover in the preconfirmations category; an emerging key narrative for the Ethereum ecosystem. With our network’s focus on pre-execution privacy, low latency, combined with its millisecond level granular transaction capabilities as an Ethereum coprocessor, we’re well positioned to capture significant market share on mainnet as we debut in the coming weeks. Our outstanding product and our first-mover advantage which is significantly ahead of any emerging competition in this area highlight the timeliness of our upcoming fundraise to maintain our leadership.
Primev is developing mev-commit, which is making Ethereum’s 12 second block times feel instant through preconfirmations. Mev-commit’s bids that are communicated directly to block builders increase transaction expression for mev searchers and solvers and allow them to receive real-time cryptoeconomic guarantees for transaction execution.
Below you can find specific information about Primev and mev-commit’s traction to date:
Traction
mev-commit has demonstrated significant progress since the beginning of the year with the following milestones:
Grants and Ecosystem Recognition