PANews reported on March 11 that MarsCat, a P2P Web3 application engine, has completed a $3 million funding round. Investors include Animoca Brands, Cogitent Ventures, Cryptogram Venture (CGV), tbv, BD Ventures, and Becker Ventures.

MarsCat is a decentralized Web3 platform and application engine based on a peer-to-peer network. It provides the infrastructure for decentralized applications, enabling them to run in a privacy-first, serverless environment without relying on centralized servers, and is designed to achieve secure communication, scalable application deployment, and censorship-resistant interaction.