Acurast completes $11 million financing, with participation from Gavin Wood and others

According to Cointelegraph, the smartphone-based decentralized privacy computing project Acurast has completed a $11 million funding round, with participation from Ethereum co-founder and Polkadot founder Gavin Wood, MN Capital founder Michael Van The Poppe, and GlueNet founder Ogle.

The project plans to launch its mainnet on November 17 and simultaneously release its native token ACU. It claims to achieve tamper-proof execution and secure hardware verification on consumer-grade smartphones.