Omnity Network

Omnity Network

Flexible marketplace for decentralized trust, enhancing shared security and interoperability across blockchain ecosystems. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$20—30m (Dealroom.co estimates Sep 2021.)
La Riviere Anglaise Seychelles (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues<1m2.7m2.7m
% growth-227 %-
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Recent News about Omnity Network

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More about Omnity Networkinfo icon
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Octopus Network operates in the blockchain industry, focusing on creating a flexible marketplace for decentralized trust. The company primarily serves blockchain developers and projects within the NEAR Protocol and Cosmos ecosystems. Octopus Network's core product is NEAR Restaking, which enhances cost-effective shared security for Octopus appchains and amplifies value throughout the NEAR ecosystem. Additionally, Octopus 2.0 diversifies appchain offerings by incorporating the widely-used Cosmos SDK, known for its flexibility and customizability in appchain development.

The company also aims to expand the reach of the Inter Blockchain Communication (IBC) protocol beyond the Cosmos ecosystem. Through adaptive IBC, Octopus Network enables seamless and trust-minimized interoperability between the NEAR ecosystem, Cosmos, Polkadot, and Ethereum, unlocking vast potential in the blockchain landscape.

Octopus Network acts as a meta-community, fostering appchain-native communities within the Octopus Network and NEAR Protocol ecosystems. The company provides mentorship and access to a large Web3 knowledge pool, covering topics such as tokenomics, community building, crypto regulation, fundraising, and product design. Additionally, Octopus Network offers support in appchain development, community building, media strategies, and marketing PR, while also facilitating potential partnership opportunities within the Octopus and NEAR ecosystems.

Octopus Network generates revenue through various channels, including transaction fees, staking services, and partnerships. The company's business model is designed to support the growth and development of blockchain projects by providing essential infrastructure and community support.

Keywords: blockchain, NEAR Protocol, Cosmos SDK, decentralized trust, appchains, interoperability, IBC protocol, Web3 mentorship, community building, staking services.

Tech stack

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