Summary
Nirvana Labs is launching Nirvana Cloud for blockchain workloads, aiming to attract Web3 projects from general cloud providers like AWS and Google Cloud. The company offers reduced costs and better efficiency by specializing in Web3 technologies. While some argue for decentralized computing, Nirvana’s approach focuses on maximizing performance and reliability for blockchain tasks.
Key Points
1. Nirvana Labs is debuting its Nirvana Cloud computing service specifically designed for blockchain workloads.
2. The startup raised $1.7 million in pre-seed funding and has clients such as Chainlink and Avalanche in the blockchain space.
3. Nirvana Cloud aims to offer reduced costs and better efficiency for blockchain workloads compared to general-purpose cloud providers like AWS and Google Cloud by specializing in Web3 technologies.