Scroll (SCR)

IEO

Last updated: Oct 08, 2024

Scroll is a security-focused scaling solution for Ethereum, using innovations in scaling design and zero knowledge proofs to build a new layer on Ethereum. The Scroll network is more accessible, more responsive and can support more users at once than Ethereum alone.

Pre-Alpha Testnet User Guide

Series A funding: $30M

Funding Round: $50M

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Overview

Project industry	Blockchain Infrastructure / Layer-2
Product type	Technology
Whitepaper	Open

What is Scroll

Scroll is building the technology to scale Ethereum.

While Ethereum is the leading blockchain network for powering decentralized applications, its popularity also brings higher costs, creating a barrier to adoption for the next wave of users and developers.

Leveraging cutting-edge research in zero knowledge (”zk”) proofs , Scroll is building a Layer 2 rollup network on Ethereum. The team, in open-source collaboration with others in the Ethereum community, has created a “zkEVM” that allows for all activity on the network, which behaves just like Ethereum, to be secured by smart contracts on Ethereum. The network publishes all of the transactions to Ethereum, and the zkEVM creates and publishes cryptographic “proofs” that the Scroll network is following the rules of Ethereum.

Ultimately, Ethereum smart contracts verify that every transaction on Scroll is valid for these proofs, lending the network incredible security, decentralization, and censorship resistance. This level of security and scalability for Ethereum is only possible with recent breakthroughs in zero knowledge cryptography, blockchain protocol design, and hardware acceleration.

Details

IEO (Binance Launchpool): Oct 09, 2024 - Oct 10, 2024
Token supply: 1,000,000,000 SCR
Raised: 80,000,000 USD

Legal

Blockchain Platform: Ethereum
Country limitations: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine
Registration country: Seychelles
Registration year: 2021

Token info

Ticker: SCR
Type: Utility-token
Token standard: ERC-20
Token distribution:
15% - Airdrops
17% - Investors
23% - Scroll Contributors
10% - Foundation
35% - Ecosystem & Growth