Web3 startup zbyte raises $10-M

India- and USA-based Web3 startup zbyte has raised USD 10 million in a round led by private investors. The startup plans to launch its native, public token—ZBYT token—in the fourth quarter of 2022. zbyte is building a decentralised platform that enables developers and enterprises to build decentralised applications (dApps) on existing protocols. The startup intends to reward the community of developers through royalties for the dApps they create.