Inco Revolutionizes Web3 with Confidentiality Layer and $4.5M Funding

Inco, a NYC-based developer, secures $4.5M in funding to launch Gentry testnet, bringing confidentiality to Web3. Led by 1kx, investors include Circle Ventures, Robot Ventures, and more. Inco's technology combines EVM with FHE, enabling encrypted data manipulation without decryption. This breakthrough addresses the transparency issues of blockchain, paving the way for mass adoption of Web3. With strategic partnerships and a strong team, Inco is set to disrupt the industry and empower developers and non-developers alike with confidential data insights.