Astar Network: Transforming the Decentralized Landscape
In the rapidly evolving realm of decentralized technology, Astar Network stands out as a vibrant multichain platform, pushing the boundaries of what’s possible for developers.
Founded in 2019 initially as Plasm Network, Astar has undergone a remarkable transformation. Our platform embraces both Ethereum Virtual Machine (EVM) and WebAssembly (WASM), fostering interoperability that is essential for modern dApp development. With significant financial backing — $46 million to date — Astar is becoming a vital player in shaping Web3’s future.
The rebranding from Plasm to Astar was a strategic decision made in September 2021, signaling our commitment to becoming the go-to multichain smart contract platform on Polkadot. By early 2022, we unveiled an innovative infrastructure designed for scalability and flexibility in application development.
But what makes Astar truly unique?
We integrate a Build2Earn model that rewards developers for their contributions. Earning tokens while building infrastructures allows developers to focus on creating without worrying about monetization upfront. This approach encourages innovation and creativity at every level.
Additionally, our collaboration with Digital Entertainment Asset Pte Ltd has opened doors for GameFi projects, enabling seamless integration of play-to-earn games into our ecosystem. The introduction of native tokens like DEAPcoin and an NFT marketplace showcases how diverse use cases can thrive within the Astar Network.
Our mission is to empower developers by reducing the barriers traditionally associated with infrastructure development. Developers can utilize our dual environment (EVM and WASM) to deploy smart contracts effortlessly — creating endless possibilities for dApps that can communicate across ecosystems.
In recent months, recognition has flooded in; we were honored as Product of the Year at Japan’s Blockchain Awards and consistently earn accolades from community surveys within the Japanese Web3 space. We take pride not only in technological innovation but also in community engagement.
As we look forward to 2023 — and beyond — we remain committed to leveraging partnerships, such as those with NTT Docomo on groundbreaking projects worth billions. From NFTs supporting local artists’ endeavors to connecting businesses across Japan with global networks, our goal is clear: accelerate Web3 adoption through Astar.
In conclusion, let’s revolutionize how applications are built and integrated into daily life! Join us on this thrilling journey towards decentralized innovation by sharing your thoughts or experiences related to multichain platforms below!
What do you think will be the next major trend in decentralized applications?