FAQ: Subzero Labs' Emergence and $20M Funding for Rialo Development

What is Subzero Labs?

Subzero Labs is a company that has recently come out of stealth mode after raising $20M in initial funding to build Rialo, a decentralized programmable network designed to empower developers to create scalable decentralized applications without the constraints of traditional network architectures.

Who led the funding round for Subzero Labs?

The $20M initial financing round was led by Pantera Capital, with participation from other top-tier investors including Variant, Coinbase Ventures, Hashed, and Mysten Labs among others.

What is Rialo?

Rialo is a network being developed by Subzero Labs that aims to provide developers with the tools to create global-scale decentralized applications with features like native web connectivity, event-driven transactions, and built-in privacy, without relying on brittle third-party services.

Who are the founders of Subzero Labs?

Subzero Labs was founded by Ade Adepoju and Lu Zhang, early engineers at Mysten Labs with backgrounds in building distributed systems and large-scale AI/ML infrastructure at companies like Meta, Google, and Netflix.

Why is Rialo significant for decentralized applications?

Rialo addresses the gap between network infrastructure and app developers by offering a solution that combines the responsiveness and reactivity of Web2 with the scalability and privacy of decentralized networks, enabling the creation of apps that outperform their centralized counterparts.

What makes Rialo different from other blockchain solutions?

Rialo leverages RISC-V architecture and adds Solana VM compatibility, allowing for the deployment of existing programs with a richer feature set, and focuses on solving real-world integration issues that current blockchain technologies face.

Where can I find more information about Subzero Labs and Rialo?

More information can be found on Subzero Labs’ official website at https://www.rialo.io/.