Mystery Solved: a16z Crypto's 'Orange Ball' Was Hype For New Layer-2 Rollup Client 'Magi'

Andreessen Horowitz’s web3 investment arm, a16z Crypto on Tuesday announced the release of a new Layer-2 rollup client called Magi. 

What Happened: The announcement comes after a day of cryptic tweets featuring images of orange balls.

a16z Crypto had teased a launch on Twitter with a picture of an orange ball and the words “coming soon.”

The social media platform was abuzz with speculation, with some likening the mystery to similar tactics employed by Coinbase COIN ahead of its own Layer 2 launch in February.