Astar Network

Astar Network

Multi Chain Polkadot DApp Hub.

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DateInvestorsAmountRound
-investor investor investor investor

€0.0

round
investor

€0.0

round
investor investor investor investor

€0.0

round
*

N/A

Early VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

More about Astar Network
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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.

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Investments by Astar Network

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Moonstake
ACQUISITION by OIO May 2021