Dai Lo is pleased to announce the successful acquisition of Fractal, a significant milestone for the advancement of blockchain technology and privacy initiatives. After several months of strategic negotiations, the acquisition was finalized for an undisclosed price, empowering The Dai Lo to leverage Fractal’s innovative ZK technology and renew its vision for the future.
This acquisition includes Fractal’s extensive technology portfolio, token reserves, intellectual property, and, most crucially, its committed community. By integrating these resources, The Dai Lo plans to build upon the exceptional foundation established by Fractal’s founders and deliver impactful solutions.
A Strategic Vision for Fractal
Earlier this year, The Dai Lo began exploring innovative projects within the Bitcoin, UTXO, BRC20, and Runes ecosystems. Fractal emerged as a project with vast potential, though it struggled to gain the necessary traction to fully realize this potential.
While Fractal possesses the capability to function as an independent Layer 1 (L1) or Layer 2 (L2) platform, its true strength lies in acting as a foundational element for broader ecosystems, connecting blockchain technology with traditional Web2 applications. With a strong emphasis on privacy, Fractal’s technology is poised to redefine the industry landscape.
Introducing The Dai Lo
The Dai Lo comprises a team of transformation specialists dedicated to identifying undervalued projects and guiding them toward success.
- Gary Mitchell (@GuyGaryMitchell): A seasoned startup expert passionate about innovation, Mitchell brings extensive experience from the Ethereum, Cardano, and Solana ecosystems and will focus his efforts exclusively on Fractal.
- Yeolin Han (@_yeonglihan): A prodigious coder specializing in UTXO chains and the RGBPP space, Han’s technical skills will be vital in unlocking Fractal’s full capabilities.
- Plus a team of around 10 developers with expertise in AI, ZK, and related technologies.
The Path Forward
Reinvigorating Fractal’s community is the team’s primary focus. Recognizing frustrations stemming from previous mismanagement, The Dai Lo is dedicated to rebuilding trust, enhancing transparency, and expanding the community with new supporters who resonate with the project’s mission.
At the same time, the team is revisiting branding to reaffirm Fractal’s commitment to privacy. With advanced zero-knowledge technology in development, the long-term vision is to ensure Fractal is scalable, trustworthy, and accessible to users.
“Privacy is not just a feature—it’s foundational,” emphasized Yeolin Han. “Fractal will enable users to choose what information is shared publicly and what remains confidential, transforming on-chain transaction privacy.”
“Fractal should be integrated into every technology stack in DeFi, AI, and across all chains. Privacy is an essential feature and must be an option for all applications on every chain, and Fractal aims to have a universal presence,” reiterated Gary Mitchell.
Acknowledgments and Looking Ahead
With the closure of Discreet Labs, the organization that previously managed Fractal, The Dai Lo expresses heartfelt thanks to all contributors who laid the groundwork for this acquisition. Special recognition is given to Sam Harrison for his crucial role in finalizing the agreement.
The Dai Lo is eager to usher in a new chapter for Fractal, with ambitious plans to elevate the project to new heights. The team welcomes the community to join them in shaping the future of $FRA and blockchain innovation.
Image Source: Fractal.ai
