Arcana Network provides a UX-focused app-chain and a suite of developer products designed to simplify user onboarding and crypto interactions for dApps. Its Arcana Auth SDK allows users to log in with email or social accounts while Arcana creates an embedded, decentralized, non-custodial wallet inside the app. The SendIt product lets users transfer crypto to anyone via email or Twitter ID through a shareable link, removing the need for recipients to pre-install wallets. Arcana's core tech is a Distributed Key Generation (DKG) network and app-chain with independent validator nodes that produce decentralized, non-custodial keys. The article cites strong early traction: 400k+ unique wallets in under two months, 40+ partners using its product suite, over 80 enterprise customers, and 2,000+ independent developers building on the platform. Arcana raised $2.3M in a 2021 round led by Republic Crypto and Woodstock Fund, bringing total funding to $4.5M, and the article frames the project as positioned to continue expanding as Web3 adoption grows.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2023