Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2023
Revenues4.7m
  • Edit
DateInvestorsAmountRound
-

N/A

-

$2.4m

Series A
*

$22.0m

Early VC
Total Funding€22.2m

Recent News about Astar Network

Edit
More about Astar Networkinfo icon
Edit

Astar Network is a blockchain platform designed to facilitate scalable smart contracts and cross-chain interoperability within the Polkadot ecosystem. The platform serves developers and enterprises looking to deploy decentralized applications (dApps) and leverage blockchain technology for various use cases. Operating in the blockchain and decentralized finance (DeFi) markets, Astar Network offers a robust infrastructure that includes wallets, bridges, indexers, and oracles, enabling seamless integration and interaction with other blockchain networks.

The business model revolves around providing a comprehensive suite of tools and resources for developers to build, test, and deploy smart contracts. Astar Network generates revenue through transaction fees, staking, and offering premium services for enhanced network capabilities. The platform's zkEVM, a Layer 2 scaling solution for Ethereum powered by Polygon CDK, further enhances its scalability and efficiency, making it an attractive option for developers seeking high-performance blockchain solutions.

Key features include support for running full nodes, collators, and indexers, as well as detailed documentation and user guides to assist developers in managing assets and interacting with the network. Astar Network's focus on cross-chain messaging (XCM) allows for seamless communication and interoperability with other blockchains in the Polkadot ecosystem.

Keywords: blockchain, smart contracts, cross-chain, Polkadot, zkEVM, scalability, DeFi, dApps, interoperability, staking.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Astar Network

Edit
Moonstake
ACQUISITION by OIO May 2021