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Essential - Series A
Prezentare generală
Data de Finanțare
August 13, 2024
Suma de Finanțare
$11M
Evaluare
--
Categorie
Subcategorie
Despre Essential - Series A
Investitori
Investitori | Tip | Locație | Anul înființării | #Companii din portofoliu | Adresă de email | Rețele sociale |
---|---|---|---|---|---|---|
Fund | United States of America | 2021 | 37 | -- | ||
Fund | Hong Kong | 2017 | 107 | [email protected] | ||
Fund | Singapore | 2018 | 180 | [email protected] | ||
Fund | -- | -- | 84 | -- | ||
Fund | Hong Kong | 2017 | 72 | [email protected] | ||
Fund | Netherlands | 2015 | 67 | [email protected] | ||
Fund | United States of America | -- | 131 | -- | ||
Foundation | Unknown | -- | 3 | -- |
Fondatori & Echipă
Liesl Eichholz
Simon Roberts
Profilul companiei / Introducere în proiect
Essential is a blockchain startup developing an intent-centric or declarative Ethereum Layer 2 network as an Optimistic rollup. Unlike traditional blockchains that use a transaction-based model (where users provide exact instructions), Essential employs an intent-based model (where users specify the desired outcome). As a Layer 2, Essential handles user intents off-chain using "specialized solvers" to make the process more efficient. This approach seeks to improve the user experience, reduce the on-chain workload and enhance scalability.
Founded earlier this year, Essential is trying to rewire transaction supply chains in crypto to minimize value extraction by what it describes as "rent-seeking intermediaries," for the benefit of users.