Acala was founded in Oct 2019, and today has received five Web3 Foundation grants, has backing from Coinbase Ventures, Pantera Capital, Polychain Capital, and other top firms, and has a distributed team in New Zealand, China, Europe, South America, and the United States.
The decentralized network is governed entirely by Acala Token (ACA), which also servers as the utility token for operating the network.
The decentralized network is governed entirely by Acala Token (ACA), which also servers as the utility token for operating the network.