The Dai Lo announced the acquisition of Fractal Network

Dai Lo officially announces the successful acquisition of Fractal, marking an important milestone in the field of blockchain technology and privacy innovation. After months of strategic negotiations, following the completion of this undisclosed amount acquisition, Dai Lo will be able to fully leverage Fractal's cutting-edge ZK technology to drive the realization of its future vision.

This acquisition encompasses Fractal's technological assets, token reserves, intellectual property, and its core community. By integrating these resources, Dai Lo plans to continue expanding and launching transformative technological solutions based on the foundation laid by Fractal's founders.

"Fractal should be an essential component of every on-chain tech stack, including DeFi and AI. Privacy technology is a key application and should be an option in every application on every chain," said Gary Mitchell.

Strategic Outlook for Fractal

Earlier this year, Dai Lo began exploring innovative projects within the Bitcoin, UTXO, BRC 20, and Runes ecosystems. Fractal stood out with immense potential but has yet to fully realize this potential.

Although Fractal has the capability 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, Fractal's 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, the informal leader of Dai Lo. "Our goal is to help this project realize its potential and build a future that prioritizes privacy."

About Dai Lo

Dai Lo is a team of transformation experts dedicated to uncovering potential projects and driving their success.

Gary Mitchell (@GuyGaryMitchell): As an experienced entrepreneur, Mitchell has extensive experience in the Ethereum, Cardano, and Solana ecosystems and is fully committed to the Fractal project.

Yeolin Han (@yeonglihan): As a technical genius in the UTXO chain and RGBPP fields, Han's technical capabilities will play a crucial role in unlocking Fractal's full potential.

The team also includes about 10 developers focused on technologies such as AI and ZK.

Future Development

The team's top priority is to revitalize Fractal's community. Having identified previous management issues that led to user dissatisfaction, Dai Lo is committed to rebuilding trust, enhancing transparency, and attracting a new wave of supporters to foster community growth.

Additionally, the team is reshaping the brand image, returning to Fractal's core positioning as a privacy-first project. As advanced zero-knowledge technology is gradually rolled out, the team's long-term goal is to ensure Fractal achieves breakthroughs in scalability, reliability, and user experience.

"Privacy is not just a feature; it is foundational," Yeolin Han stated. "Fractal will empower users with control over public and private information, fundamentally transforming the way privacy protection is handled in on-chain transactions."

Gary Mitchell added, "Fractal should be an essential component of every on-chain tech stack, including DeFi and AI. Privacy technology is a key application and should be an option in every application on every chain."

Acknowledgments and Future Outlook

As Discreet Labs, the entity behind Fractal, announces its dissolution, Dai Lo expresses gratitude to all contributors who facilitated this acquisition. Special thanks to Sam Harrison for his significant contributions during the transaction process.

Dai Lo is excited about the future development of Fractal and plans to elevate this project to new heights. The team warmly invites community members to join them in driving innovation for $FRA and blockchain technology.

About Fractal Network

Fractal Network is a multi-layered network dedicated to applying zero-knowledge cryptography across various levels of the Web3 ecosystem. Our technology supports a range of applications, including secure DeFi, asset tokenization, on-chain identity verification, and private transactions. By applying zero-knowledge cryptography, Fractal is providing security for every aspect of Web3.