ParaState logo
WebsiteRepublic Launchpad

ParaState (STATE)

IEO

ParaState is a multi-chain smart contract platform bridging the application and developer ecosystem between Polkadot, Substrate and Ethereum, as well as other networks wanting to provide high-performance Ethereum compatibility.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industryBlockchain Infrastructure
Product typeTechnology
WhitepaperParaState White Paper Open

What is ParaState

ParaState takes Ethereum chain support to the next level through WasmEdge. Develop and execute high-speed smart contracts with built-in Ethereum compatibility (EVM and EWASM) and interoperability in next-level programming languages like Rust, C ++, and Golang.

While supporting the Ethereum Virtual Machine (EVM) pallet to provide seamless compatibility with all existing Ethereum applications, ParaState also provides developers with a next-generation smart contract implementation environment, Ewasm. These two infrastructures share the same account system on ParaState and are made to communicate with each other.

Details

IEO (Republic Launchpad): Jan 12, 2022 - Jan 18, 2022
Token supply: 1,000,000,000 STATE
Raised: 11,800,000 USD

Legal

Registration year: 2020

Token info

Ticker: STATE
Token distribution:
Eco Treasury - 30%
Seed - 10.92%
Strategy - 10.42%
Private - 5.54%
Public - 5%
Long Term Development Reserve - 10%
Team & Advisors - 11%
Mkt & initial liquidity - 5.12%

ParaState Roadmap

1
2019
  • Grant from Ethereum Foundation for SOLL compiler
2
2020
  • Grant from W3F for EWASM pallet integration
  • Built ParaTime for Oasis network for Ethereum compatibility
3
2021 Q1
  • Seed fundraising round closed
4
2021 Q2
  • Strategic fundraising round closed
  • Public testnet Plato launches
5
2021 Q3
  • Private fundrasing round closed
  • Grant from ICON Foundation for Substrate sidechain featured EVM&EWASM Public testnet, Plato launches
6
2021 Q4
  • SewUp Rust SDK to be launched
  • The 1st Rust SDK for Ethereum compatible networks
7
Q1 2022
  • Plan to participate in the Polkadot parachain auction through community votes
8
Q2 2022
  • Plan to bring EWASM pallet to all Polkadot parachains
9
Q3 2022
  • Plan to position EWASM runtime for mass adoption in multi-chain ecosystem, becoming a major on-chain runtime substitution for EVM compatible networks

Social media

ParaState web-siteParaState MediumParaState TelegramParaState X (Twitter)ParaState FacebookParaState DiscordParaState Github

MVP

MVP URL

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects

Newly Published