Obol Network logo

Obol Network (OBOL)

Status
IEO

Obol Network is a distributed consensus protocol designed for Proof of Stake (POS) Ethereum, focusing on mitigating single points of failure through Distributed Validator Technology (DVT). This technology enables the scaling of main chain staking by providing permissionless access to Distributed Validators, enhancing the resilience and security of Ethereum’s staking infrastructure.

Seed Round: $6.15M

Series A funding Round: $12.5M

Obol Network White Paper Whitepaper

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High
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Ticker
OBOL
Type
Utility-token
FoundedUnited States
Registration countrySwitzerland
Registration year2021
Office addressBaarerstrasse 10 6300 Zug Switzerland
Launchpads
Ecosystems

What is Obol Network

Proof of Stake blockchains like Ethereum are currently secured by traditional validators, with single points of failure and centralizing dynamics. By solving these issues, Obol’s ground-breaking Distributed Validators (DVs) represent a bright future for Layer 1 Blockchains and Decentralized Infrastructure Networks.

Obol DVs fundamentally shift Web3’s power dynamics, by enabling at-home node operators to outperform large professional operators, with lower risk. For the first time ever, anyone can operate high-performance, slashing resistant nodes with simple at-home hardware.

Obol acts as a foundation for Layer 1’s as well as other emerging Decentralized Infrastructure Networks (Layer 2’s, DePin, Sequencers, Provers, Preconfirmations, AVS’s, Oracles, etc). Ethereum staking protocols like Lido and EtherFi are already using Obol DVs on mainnet to onboard hundreds of at-home operators and secure nearly $1 billion in stake. Obol DVs are also active on Gnosis Chain, and coming soon to Monad. Obol has a vision for securing all applicable PoS Layer 1 blockchains, which currently include more than $500 billion of staked assets, and are likely to secure trillions of dollars in the future.

Now, the launch of the OBOL Token enables Obol to decentralize ownership and governance, conduct retroactive funding for ecosystem builders, and improve operator economics. Obol now has everything it needs to expand its Decentralized Operator Ecosystem and solidify itself as the foundation of Decentralized Infrastructure Networks.

Obol Network Roadmap

1
Devnet
  • Enable a group of distinct machines to validate thogeder.
  • Basic form of DKG can be completed
2
Athena Public Testnet
  • Engage Obol Community
  • Facilitateself-service deployment of nodes
3
Bia Attack Net
  • Break charon in multiple ways
  • Improve DoS resistance
4
Public Testnet 2 & Red/Blue Net
  • Distributed Validator returns competetive
  • Run an unreasonably large percentage of a test network to see the network perfomance at scale if a majority of validators moved to DV architectures
  • Charon nodes cannot be Dos'd
  • Demonstrate that fault tolerant validation is real, safe and cost competetive
5
Mainnet
  • Charon V2 will introduce perfomance reward into clusters
  • Any issues amongst participants in a cluster must be sorted outside of the core protocol. For this reason, all operators in a cluster should be know to one another

Token Sale Dates

IEO

Start date: Feb 24, 2025
End date: Mar 03, 2025

IEO

Start date: Apr 30, 2025
End date: May 05, 2025

IEO

Start date: May 01, 2025
End date: May 07, 2025

IEO

Start date: May 07, 2025
End date: May 12, 2025

IEO

Start date: May 07, 2025
End date: May 27, 2025

Token Allocation

Total Token Supply 500,000,000 OBOL

Funding Details

Funds Raised (as of now) 18,650,000 USD

Restrictions

Residents of the following countries are prohibited from participating
Excluded participants include residents of the US (and its territories), Canada, China, and any individual, country, or territory subject to US, EU, UN, or UK sanctions, and certain jurisdictions.

Token distribution


Coinlist - 2.0%
Ecosystem Treasury & RAF - 36.4%
Airdrop - 8.1%
Investors - 25.3%
Team - 16.2%
Community Incentives - 12.1%

Token Price and Payment Options

Token price USD 1 OBOL = 0,25 USD
Accepted Currencies USDC, USDT

Project team

Collin Myers
Collin Myers
Project Lead, Founder
Collin Myers linkedin-team
Oisín Kyne
Oisín Kyne
Head of Technology, Co-Founder
Oisín Kyne linkedin-team
Aly Saleh
Aly Saleh
DevOps Lead
Aly Saleh linkedin-team
Corver Roos
Corver Roos
Tech Lead
Corver Roos linkedin-team
Chris Battenfield
Chris Battenfield
Product Lead
Chris Battenfield linkedin-team
Dhruv Bodani
Dhruv Bodani
Software Engineer
Dhruv Bodani linkedin-team
Abishek Kumar
Abishek Kumar
Software Engineer
Abishek Kumar linkedin-team
Edax Uclés
Edax Uclés
Full Stack / UI Engineer
Edax Uclés x-team
Richard Malone
Richard Malone
Head of Business
Richard Malone linkedin-team
Thomas Heremans
Thomas Heremans
Technical Project Manager
Thomas Heremans linkedin-team
Hanan Nouman
Hanan Nouman
Frontend Engineer
Hanan Nouman x-team
Brett Li
Brett Li
Growth Lead
Brett Li linkedin-team
Francis Hackett
Francis Hackett
Legal Counsel
Francis Hackett x-team
Luke Hackett
Luke Hackett
Software Engineer
Luke Hackett linkedin-team

Advisors

Jenia Barkanova
Jenia Barkanova
Marketing Strategy Advisor
Jenia Barkanova x-team

Social media

Industries

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