Pantera Capital is an investment firm focused exclusively on Bitcoin, other digital currencies, and companies in the space. The company believes that Bitcoin has the potential to transform the way people use money and that it will do for payments what the Internet has done for communications and commerce. Until 2014, Pantera focused on global macro hedge fund investments. The firm was founded in 2003 by Dan Morehead, who was a chief financial officer and head of Macro Trading at Tiger Management. The firm has since shifted its investment advisory services to focus exclusively on Bitcoin, other digital currencies, and companies in the space. Shareholders include Benchmark, Fortress Investment Group, and Ribbit Capital.

Pantera Capital

Compound is a venture capital firm that invests in bleeding-edge technology built by outliers. They have partnered with elite operators that understand the intricacies of many different industries and various components of businesses, that help them navigate the complex systems in which each startup lives by removing roadblocks and compounding growth. Compound is based in New York City.

Compound

Coinbase Ventures is an investment arm of Coinbase that aims to invest in seed-stage cryptocurrency and blockchain startups. The company was founded in 2018 and is based in San Francisco, California, United States.

Coinbase Ventures

BlockNation

Lightspeed Venture Partners is a venture capital firm that engages in consumer, enterprise, technology, and cleantech markets. It focuses on seed, early-stage, later-stage, expansion-stage, start-ups, growth companies, and incubation, and specializes in debt financing for start-ups and growth companies. Lightspeed Venture Partners invests in various sectors that include enterprise, consumer, big data, bitcoin, enterprise technology, cleantech, mobile, internet, financial technology, cloud solutions, e-commerce, storage, media, networking, energy, and software, software-as-a-service, information technology, biotechnology, and social. It mainly invests in countries such as the United States, Europe, Israel, China, and India.

Lightspeed Venture Partners

Redpoint has partnered with visionary founders to create new markets and redefine existing ones since 1999. The firm invests in startups across seed, early, and growth phases. In total, Redpoint manages $4 billion across multiple funds.

Redpoint

Ribbit Capital is a venture capital firm that invests in early-stage companies. The firm invests globally in individuals and brands who are aiming to disrupt financial services.  The investment firm was founded in 2012 by Meyer Malka and headquartered in Palo Alto, California.

Ribbit Capital

The emergence of bitcoin and subsequent blockchain technologies has generated a new digital asset class in which scarcity is based on mathematical properties. Through cryptographic verification and game-theoretic equilibrium, blockchain-based digital assets can be created, issued, and transmitted using the software. Polychain Capital is committed to exceptional returns for investors through actively managed portfolios of these blockchain assets.

Polychain

Alameda Research is a quantitative cryptocurrency trading firm that provides liquidity in cryptocurrency and digital assets markets. It was founded in 2017 and is headquartered in Central and Western, Hong Kong.

Alameda Research

Ballistic Ventures operates as a venture capital firm and offers the unparalleled benefit of an experienced, connected team that is focused on cybersecurity. They believe the essential step they can take today is to provide collective experience, network, and enthusiasm to the world's finest cybersecurity entrepreneurs.

Ballistic Ventures

MCE Group is a single-family office investing in innovative start-ups operating within the digital asset industry. Our team supports partner projects not just through direct investments but with advisory and access to our extensive network of strategic partners. We have been actively investing since 2017, focusing strongly on DeFi primitives and key blockchain infrastructure.

MCE Group

Offchain Labs

Disrupting the traditional financial system using blockchain

Decentralized Finance (DeFi)

Curvance is a DeFi application that provides lending and borrowing services across multiple chains and protocols. Users can earn interest from lending, collateralize assets for borrowing, and consolidate DeFi yields across liquidity pools and interest-bearing stablecoins. The protocol supports Ethereum and Layer 2 chains, such as Arbitrum, Optimism, Scroll, Base, and Polygon zK EVM, and employs liquidity from decentralized exchanges like Curve, Balancer, Velodrome, GMX, and Pendle.Moreover, the Curvance money market leverages the composability of yield-bearing assets and ERC-20 tokens to enable users to create tokenized treasuries, NFT markets, and other primitives to borrow against.The protocol operates as a DAO, governed by holders of its native token, CVE.Funding and financialsIn December 2023, Curvance <a href="https://sp-edge.com/updates/24645">secured USD 3.6 million</a> in seed funding from more than 20 DAOs, developers, and angel investors including Offchain Labs, Wormhole, Eigenlayer, and Curve Finance.The company earmarked the funding for expanding its operations, supporting security audits, and increasing its employee base.

Corn is an Ethereum Layer 2 network that aggregates opportunities for users to earn yields on their Bitcoin holdings. The platform operates via a two-token model, offering BTCN (a tokenized version of Bitcoin) to allow users to pay transaction fees, and CORN, which can be staked to earn yields or be used to vote on governance proposals. Notably, the protocol extends the minting rights of BTCN to include multiple custodians, smart contracts, and bridging protocols.Users can also earn rewards for voting in favor of directing yields to specific protocols or dApps via a native bribe marketplace.

Bringing the benefits of blockchain to the enterprise

Enterprise Blockchain Solutions

Clique offers an identity oracle protocol that provides users with a range of heterogeneous encryption and compute solutions for on-chain and off-chain applications. The platform provides a range of solutions that leverage technologies such as zero-knowledge proofs (ZKP), trusted execution environments (TEE), and AI-based computing, which can be organized and allocated based on the requirements of each app. Users can then leverage these resources to build customizable applications with different properties like privacy preservation, verifiability, and AI optimization, among others.&nbsp;Moreover, the platform also enables users to utilize their own specialized hardware compute nodes for targeted use cases or offer their unused compute resources to the network and earn rewards.&nbsp;Key customers and partnershipsAs of March 2024, Clique has enabled over USD 3.5 billion in on-chain transactions and served over 750,000 end users across the Web3 industry. Moreover, it served over 500 businesses, including Sony Music US, Trip.com, Aave, Eigenlayer, Sushiswap, Velodrome, and Synthetix.&nbsp;During the same period, its blockchain ecosystem partners included Arbitrum, Optimism, Linea, Mantle, and Ronin, among others.Funding and financialsIn March 2024, Clique<a href="https://sp-edge.com/updates/27586"> secured USD 8 millio</a>n in Series A funding led by Polychain Capital.

Metaverse Experience Platforms

Darkbright Studios is the developer of Smolbound, a Web3 role-playing game (RPG) that combines life simulation with a player-driven world. The game features an expansive, procedurally generated environment where players can engage in activities such as farming, exploration, travel, and collection. Smolbound integrates Web3 technology, enabling player ownership of in-game assets, and supports a user-generated content (UGC) ecosystem, along with live operations. Darkbright Studios describes the game as a mix of the popular video games Animal Crossing and Raft.In Smolbound, player-created content can be minted as NFTs. This includes aesthetic items like clothing and houses as well as larger projects such as characters, tools, and islands. Players can monetize their creations by selling them, earning rewards from in-game events, or receiving income from other players who interact with their content.As of September 2024, Darkbright initiated closed beta tests for the game and planned to launch it on the Treasure Layer-2 blockchain in 2025.

Darkbright Studios is the developer of Smolbound, a Web3 life sim RPG.

Corn is a new Ethereum Layer 2 network that aims to be the best platform for utilizing Bitcoin.

Fabric develops a custom cryptography hardware to accelerate cryptography algorithms. The chips, whose components exclusively serve cryptographic purposes, are based on Verifiable Processing Units (VPUs) which incorporate features of GPUs and ASICs to improve the speed and cost of advanced cryptographic workloads.

Espresso Systems provides scaling and privacy systems for Web 3 applications. The company specializes in the emerging blockchain field of ''shared sequencing'', where sequencers are responsible for verifying and batching transactions made on layer-2 blockchains and then sending them back to a layer-1 chain like Ethereum to be settled.

The Clique Compute Coordination Network organizes various heterogeneous compute resources, allocating them as needed by both general applications and smart contracts. This includes co-processors for performing verifiable compute on top of on-chain data, oracles for bringing in data from any internet data source, and specialized hardware for privacy, AI, and secure computation. This allows applications to access different compute resources and data easily, with the ability to adjust for preferences around trust, privacy, performance, and cost. We've raised 11M+ from Polychain, GGV, and others.

Curvance is a crosschain lending market for yield-bearing assets and any other ERC-20 tokens on Ethereum, Polygon zkEVM, Base, Arbitrum, and Optimism and aspires to establish itself as the de-facto money market for any ERC-20 token.

Treasure is building a gaming and entertainment powerhouse, built and owned by all. As a community-driven gaming ecosystem, we’re shaping a future where developers, creators, and players can build new experiences together. Where you can truly own your assets. And share in the collective growth of Treasure. All made possible by the blockchain. Treasure levels up game builders. We empower games to reach their full potential through our community-driven ethos, publishing stack, and novel approach to game building that gives developers everything they need to be successful. Since launching in September 2021, Treasure has become home to over 15+ games and counting to emerge as one of the leading gaming ecosystems in web3. Some of our leading titles include: The Beacon, Bitmates, Kaiju Cards, Knights of the Ether, Kuroro, Zeeverse, and Mighty Action Heroes.

Offchain Labs develops a solution for scaling Ethereum smart contracts.

Offchain Labs develops Arbitrum, a suite of layer-2 scaling protocol for the Ethereum blockchain. Arbitrum Rollup uses optimistic rollup technology to execute transactions in batches off-chain and connects to the Ethereum blockchain to log back transaction data for finality. Optimistic rollup is considered optimistic, as it assumes off-chain transactions are valid and does not publish proofs of validity for transaction batches posted on chain. It also uses compression techniques to reduce the amount of data posted onto Ethereum. The company claims Arbitrum Rollup can process ~40,000 transactions per second.

A decentralized version of the web powered by the blockchain

Web3 Ecosystem

Introducing Tandem, a Partner Studio by Offchain Labs

Darkbright Studios

BITKRAFT Ventures

Anthos Capital

King River Capital

Play Ventures

Caballeros Capital

Zentry

RockawayX

Gam3Girl Ventures

Platforms that offer virtual worlds for multiplayer social gaming experiences enable users to create experiences and conduct transactions (e.g. buying virtual land)

Corn

Framework Ventures

Bullet Labs

Binance Labs

Symbolic Capital

BabylonChain

ABCDE

HTX Ventures

Relayer Capital

Steakhouse Financial

Organizations and protocols that allow individuals to lend their crypto assets and take out collateralized or uncollateralized loans from to/from these projects

Fabric Cryptography

Blockchain Capital

Protocol Labs

Polygon

Matter Labs

Inflection.xyz

Espresso Systems

a16z crypto

StarkWare Industries

o1Labs

Aztec

Injective

Gelato

Rarible

Frax Finance

Automata Network

Anoma

Composable Finance

Obol Labs

Socket

AltLayer

Treasure

Alluvial Finance

Eclipse

EigenLabs

Caldera

Catalyst

Lumoz

OmniNetwork

Taiko Labs

ODOS

Side Protocol

Hourglass

Fhenix

Stackr Labs

Synonym Finance

Gevulot

Spire

Karnot

Fluent

LOGX

Clique

Robot Ventures

zkValidator

Bankless Ventures

Companies that leverage blockchain technology to provide cybersecurity and identity management solutions for enterprises

Curvance

Balancer Labs

Pendle Finance

Curve Finance

Scroll.io

Wormhole

Convex Finance

Mantle Network

Aura Finance

Skycatcher

Alchemy

StreamingFast

IOSG Ventures

Digital Strategies

ID Theory

IndiGG

Neon DAO

Offchain Labs develops Arbitrum, a suite of layer-2 scaling protocol for the Ethereum blockchain. Arbitrum Rollup uses optimistic rollup technology to execute transactions in batches off-chain and connects to the Ethereum blockchain to log back transaction data for finality. Optimistic rollup is considered optimistic, as it assumes off-chain transactions are valid and does not publish proofs of validity for transaction batches posted on chain. It also uses compression techniques to reduce the amount of data posted onto Ethereum. The company claims Arbitrum Rollup can process ~40,000 transactions per second.Arbitrum Rollup supports EVM languages and uses the same remote procedure call (RPC) interface as Ethereum, which allows smart contracts to be transferred from Ethereum to Arbitrum without requiring any changes in coding. To transact on Arbitrum, users are required to bridge Ether (ETH) or ERC-20 tokens, as the platform does not have its own native token. Arbitrum Rollup was developed primarily for DeFi and NFT applications and had over 200 dApps on its platform as of June 2022.In August 2022, Offchain Labs launched Arbitrum Nova, the second scaling solution in the Arbitrum ecosystem. It is designed primarily for web3 gaming and social applications, which tend to have high transaction volumes. Nova is built on Arbitrum’s AnyTrust technology, where a data availability committee certifies and validates transaction data off-chain and posts the certifications to the Ethereum network.Additionally, the company also developed a permissionless validation protocol called <a href="https://sp-edge.com/updates/20664">Bounded Liquidity Delay (BoLD)</a>, which protects users from delay attacks, which occur when a malicious actor attempts to prevent or slow down transactions, and <a href="https://sp-edge.com/updates/32770">&nbsp;Tandem,</a> a partner studio designed to assist select projects in blockchain application development.Key customers and partnershipsThe company formed a partnership with Chainlink, a middleware Web3 infrastructure company, to launch Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One. CCIP allows developers to build secure applications that can send messages, transfer tokens, and initiate actions across blockchains.

NEAR Protocol is an open-source layer-1 blockchain launched in October 2020. The blockchain uses a proof-of-stake consensus mechanism to validate transactions. Its native token is NEAR, which can be used to pay for transactions and storage on the blockchain, while also allowing token holders to participate in the platform’s governance process. In August 2024, NEAR launched a significant upgrade called "<a href="https://sp-edge.com/updates/32890">Nightshade 2.0</a>" to enhance scalability and usability. This update is a major step in integrating sharding into NEAR's core architecture, which divides the blockchain into smaller segments, allowing the network to process more transactions at a lower cost. Validators no longer need to store shard states locally; instead, they retrieve "state witnesses" from the network to validate changes. This improves shard performance and boosts the network’s ability to support more shards.NEAR allows users to sign up for a wallet (account) using unique human-readable names (e.g., johndoe.near, in comparison to cryptographic and randomly generated private keys, which is a characteristic of chains such as Ethereum), which in turn enables easy sign-ins for dApps for users and improves the overall usability of the blockchain. The platform also allows developers to prepay gas fees for first-time users, allowing the latter to interact with a dApp for free. NEAR also offers the Rainbow Bridge, which allows users to transfer ERC-20 and NEAR tokens or any other digital asset between the Ethereum and NEAR blockchain. In addition, the platform provides tools such as SDKs, CLIs, and APIs for developers to create dApps on its blockchain. In addition, NEAR allocates 30% of the transaction fees to developers to encourage them to build applications on its platform, with the remainder being burnt.The protocol also incorporates <a href="https://sp-edge.com/updates/32771">Chain Signatures</a>, a technology that allows smart contracts to sign transactions across multiple blockchains without relying on cross-chain bridges. This aims to simplify multichain dApp development by reducing the need for multiple wallets and manual bridging, as well as enhancing user experience and increasing asset liquidity and utility across blockchains.As of July 2022, NEAR had 100 validators on its blockchain, which it expected to increase in proportion to the number of transactions. The platform uses an auction system to select and determine the seat price for its validators every epoch (time interval of 12 hours). The platform claims to be able to scale infinitely by adding more validators owing to its underlying architecture.Key customers and partnershipsIn June 2021, NEAR joined ICON’s Blockchain Transmission Protocol (BTP), which seeks to improve cross-chain communication. The partnership allowed data to be transferred between the NEAR blockchain and other BTP partners such as Polkadot and Harmon. Moreover, NEAR partnered with <a href="https://sp-edge.com/updates/23393">Nym Technologies </a>to integrate end-to-end encryption and privacy safeguards into the NEAR blockchain ecosystem.In addition, NEAR partnered with Ardana, a stablecoin and decentralized exchange (DEX) liquidity pool built on the Cardano blockchain in November 2021, to build a bridge to support integrations and token transfers between the NEAR and Cardano blockchains. It had also planned to enable cross-chain smart contract functionality and allow the NEAR token to be used as collateral on Ardana to mint stablecoins in the future.

NEAR

Ava Labs develops the open-source layer-1 blockchain, Avalanche. The Avalanche network architecture contains three separate blockchains in order to address the decentralization, security, and scalability limitations of blockchains. These include 1) the Exchange Chain (X-Chain), which is the default blockchain on which assets are created and exchanged and also includes Avalanche’s native token–AVAX; 2) the Contract Chain (C-Chain)—which is based on the Ethereum Virtual Machine (EVM)—allows for the creation and execution of smart contracts with cross-chain interoperability; and 3) the Platform Chain (P-Chain), which coordinates validators and enables the creation and management of subnets (a sovereign network that defines its own rules for membership and tokenomic). Avalanche uses a proof-of-stake consensus mechanism and is able to execute 4,500 transactions per second. As of December 2022, ~1,000 projects were built on Avalanche, including DeFi projects like Tether, SushiSwap, Chainlink, and Circle. As of the same date, the network processed on average two million daily transactions and was secured by more than 1,200 validators.Ava Labs launched Core, a dedicated non-custodial crypto wallet for AVAX as a browser extension, through which users are able to browse dApps on the Avalanche blockchain. In April 2023, the company announced plans to launch “ <a href="https://sp-edge.com/updates/17583">Evergreen Subnets </a>,” a suite of blockchain deployments, tooling, and customization services specifically designed for financial institutions to run their own private, permissioned chains with approved parties. In addition, financial institutions will be able to communicate and transfer data with other subnets through Avalanche’s native communication protocol Avalanche Warp Messaging (AWM) without relying on any third parties. It also launched <a href="https://sp-edge.com/updates/18842">AvaCloud </a>in May 2023, a no-code Web3 launchpad that assists businesses in building fully managed blockchain ecosystems. AvaCloud consists of four main components: an automated blockchain builder, managed validators, comprehensive data tools, and chain interoperability within Avalanche subnets.Key customers and partnershipAvalanche has partnered with several cloud services providers to improve its network such as <a href="https://sp-edge.com/updates/15079">Alibaba Cloud </a>(December 2022) to improve its infrastructure and support for its validators. Users of the Avalanche blockchain can launch new validator nodes using Alibaba Cloud’s plug-and-play infrastructure-as-a-service (IaaS), while dApp developers can use the latter’s storage and computing resources for the efficient running of their dApps. It also collaborated with <a href="https://sp-edge.com/updates/15640?industryIds=144">AWS </a>(January 2022) to scale and improve blockchain adoption and support its dApp ecosystem, while also enabling one-click node deployments through the AWS marketplace.Funding and financialsIn April 2022, Ava Labs raised USD 350 million in a funding round, valuing the company at USD 5.25 billion. The investors and the purpose of the funding were not disclosed. It had raised USD 230 million in a private sale of AVAX tokens in September 2021, co-led by Polychain and Three Arrows Capital, with the funds geared toward supporting the Avalanche ecosystem.

Ava Labs

Based in Australia, Immutable is a developer of blockchain-based video games and a provider of a Web3 game development platform. The company develops and publishes its games through Immutable Game Studio, and released its first game, Gods Unchained, in March 2021. The game is a NFT strategy card game, and had ~80,000 active players as of January 2022. It also claimed that over USD 25 million of Gods Unchained digital assets have been traded as of the same date. In February 2024, the company launched the mobile version of Gods Unchained, available on Google Play and Apple App Store. Immutable launched its second game, <a href="https://sp-edge.com/updates/29491">Guild of Guardians </a>, in May 2024 to over 1 million pre-registered users. It is a mobile role-playing game set in a fantasy world on the brink of destruction, where players must form teams to battle against evil Dreads.Its Web3 game development platform, Immutable X, provides a SDK that offers APIs and smart contracts to allow developers to leverage ready-made Web3 infrastructure to quickly build and deploy blockchain-based games. These include an onboarding solution (non-custodial wallet) called <a href="https://sp-edge.com/updates/16041">Passport </a>, transaction infrastructure, and NFT minting tools. The platform also consists of a developer hub which allows developers to launch and manage their projects in one-place and obtain related performance analytics.In addition, Immutable X also acts as a layer-2 scaling solution on the Ethereum blockchain. It uses <a href="https://sp-edge.com/companies/607497">StarkWare's </a>StarkEx roll-up technology and can process 9,000 transactions per second, with zero gas fees, while claiming to be carbon-neutral. Its native token IMX can be used to pay for transactions as well as stake and govern the network. Notable companies building on Immutable X include GameStop, TikTok, OpenSea, Ember Sword, Illuvium, GreenPark Sports, and Vee Friends (Gary Vee).Key customers and partnershipsImmutable partnered with Mineloader to develop Guild of Guardians, and it has also collaborated with several game developers, including Turner Sports and Kongregate, to build Web3 games on the Immutable X platform. Furthermore, Immutable partnered with <a href="https://sp-edge.com/updates/22566">Amazon Web Services (AWS)</a> to develop infrastructure solutions to assist companies in developing and scaling blockchain-based games, and <a href="https://sp-edge.com/updates/24637">Amazon Prime Gaming</a> to list in-game content for Gods Unchained in the latter’s platform. This partnership also aimed to introduce the game to a broader audience circle through Amazon's platform, which boasts over 200 million Prime Gaming members. It also collaborated with <a href="https://sp-edge.com/updates/25892">Axelar</a> to integrate games built on Immutable's zkEVM into the Axelar network to enhance user onboarding across blockchain.The company collaborated with <a href="https://sp-edge.com/companies/786111">Polygon</a> to launch its <a href="https://sp-edge.com/updates/24881">zero-knowledge Ethereum Virtual Machine</a> (zkEVM) scaling solution to bypass the scaling limitations of the Ethereum blockchain and promote Web3 gaming. This network allows developers to completely abstract transaction fees, allowing a frictionless player onboarding and improved user experience.

Immutable

Mythical Games is a video game studio building games based on blockchain technology, playable NFTs, and play-to-earn game economies. The company developed two games—NFL Rivals and Blankos Block Party. The latter was discontinued in December 2023 after its launch in June 2022.In May 2022, NFL and the NFL Players Association partnered with Mythical Games to develop an NFT-based video game NFL Rivals. The game was launched in 2023, with players taking part in arcade-style gameplay, assuming the role of NLF general manager. They can collect and trade players represented as NFTs on the secondary market via the iOS and Android apps, as well as Mythical’s web-based marketplace. In addition, a unique feature of the game is the “squad system,” which enables players to team up with fellow players to compete with others.Mythical Games also enables other game developers and publishers to build or integrate blockchain-based play-to-earn economies into their games through The Mythical Platform. The platform also includes built-in regulatory KYC/AML compliance and indemnity as well as a verified wallet for transacting both real and cryptocurrencies. Further, the company also offers a marketplace that enables users to sell and trade their digital assets.The Mythical Platform is built on an EVM-compatible sidechain Mythical Chain, which uses a proof-of-authority consensus mechanism to validate transactions. The chain also offers interoperability features, allowing players to transfer and trade NFTs across multiple blockchains. It also claims the minting of NFTs and integrating the marketplace over its platform does not require mining.It acquired <a href="https://sp-edge.com/updates/15966">DMarket </a>–a digital gaming asset marketplace–in January 2023, and utilized its technology to launch an improved version of its own marketplace (Mythical Marketplace 2.0), with features such as a blended payment gateway and AML and fraud protection systems.Key customers and partnershipsAs of June 2023, the company reported to have achieved daily gross sales exceeding USD 1 million and gained more than 2.5 million new users over the past year. Moreover, it expects to reach over 20 million player accounts across its entire game portfolio by the end of 2023, primarily propelled by NFL Rivals and the upcoming release of Nitro Nation World Tour.The Mythical Platform’s first developer partners were announced by the company in November 2021, which includes 1) CCG Games to create Epic Spell Wars: Magic Fight, a trading card game; 2) Creative Mobile to create Nitro Nation – World Tour, a racing game; and 3) Abstraction Games to create a new action strategy title. These were slated to be released in 2023.Funding and financialsIn November 2021, Mythical Games raised USD 150 million in a Series C round led by Andreessen Horowitz at a valuation of ~USD 1.3 billion. Additionally, it raised <a href="https://sp-edge.com/updates/19719">USD 37 million in a Series C1 </a>funding round led by Scytale Digital in June 2023, at a similar valuation. This funding round is expected to close later in 2023 and reach USD 57 million-67 million. It had planned to utilize the fresh funds toward initiatives that will drive profitability within the next year and expand its games and infrastructure to reach a larger audience.

Mythical Games

Storj Labs developed the Storj Decentralized Cloud Storage (DCS) network that works by compressing, encrypting, and splitting files into more than 80 smaller pieces to distribute and store them across a global network of individual storage nodes, which are excess hardware space rented out by individuals in return for a fee. Storj audits its network through random file verification every hour, which ensures its files are consistently being hosted by its nodes; it automatically reconstitutes the data when it is required by the user. The company claims to have more than 10,000 active nodes with over 6 petabytes of available storage capacity spread across the world, as of August 2022. It uses its native token STORJ, which is used by customers to pay for providers of decentralized storage.Key customers and partnershipsStorj partnered with <a href="https://sp-edge.com/companies/792614">Matter Lab’s </a>zkSync Era ( <a href="https://sp-edge.com/updates/18986">in May 2023 </a>) to integrate the latter's zero-knowledge roll-up technology into its cloud storage platform to optimize transaction speed, reduce gas fees, and improve the overall efficiency of the payment process. Additionally, the partnership enables EVM-compatible composability for decentralized storage payments, providing customers with increased flexibility and a wider range of customization possibilities. As part of the development, Storj also had plans to develop and maintain two open-source libraries, Crypto-Batch-Payment and Storjscan, which will focus on creating a seamless onboarding experience for its customers on the zkSync Era network.

Storj

Developers of video games that use elements of blockchain technology, allowing gamers to earn cryptocurrency by playing games. They can either convert it into real money or purchase in-game assets.

A decentralized alternative to traditional social networks that operate on independently run servers on the blockchain. These are community-owned and reward user participation.

An alternative storage system in which data is encrypted, segmented, and stored on multiple nodes across the blockchain rather than a single server.

Developers of dApps for use in industries such as travel, health, and fitness, which are yet to reach wider adoption.

Providers of wallets that allow users to purchase and store the cryptocurrencies/tokens required to interact with web3 apps, along with app browsers for users to browse and access dApps.

Also known as layer-1 networks, these include developers of the base blockchain network.

Also known as layer-2 solutions, this includes providers of scaling solutions, such as sidechains, state channels, and rollups, which improve the speed and throughput of transactions occurring in layer-1 blockchain networks.

Platforms that provide tools such as SDKs, blockchain node infrastructure, and bridges for developers to create, host, debug, and add extra functionality to dApps on one or many blockchains.

Includes companies that form the Web3 ecosystem

Web3 is based on blockchain tech, a key enabler of the industry

GenAI tools help develop smart contracts and query the blockchain for data

Providers of node-as-a-service and SDKs to build dApps operate under this model

PROMINENT_CATEGORY

<div>
 
 Stablecoin and payments infrastructure provider, Circle, has expanded its Web3 Services product suite to fully support the Arbitrum One blockchain. This means its full-stack blockchain infrastructure platform, which already accommodates chains such as Avalanche, Ethereum, Polygon PoS, and Solana, has increased its range of support.
 For Arbitrum, Circle's Web3 Services suite includes programmable wallets, a smart contract platform, and a gas station.
 The firm believes that this integration will provide significant support to the rapidly growing community of developers on Arbitrum. It will enable them to create multi-chain applications for DeFi and other enterprise use cases, and benefit from near-instantaneous transaction settlement at substantial scale with minimum costs.
 
</div>

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