Taiko is a Layer-2 EVM blockchain that utilizes zk-Rollups technology. The project has received $22 million in investments from notable funds, including major exchanges like Kucoin and OKX.
Despite the L2 market being already saturated, making it challenging to carve out a niche, Taiko offers several interesting solutions. They are introducing a network upgrade in the form of Layer-3 Eldfell, which, according to developers' claims, will further increase the blockchain's throughput and simplify application deployment on the network.
The project already boasts a well-developed ecosystem and a network of partnerships, including Loopring wallet, Orbiter bridge, Brian AI aggregator, and dozens of other projects.