deBridge (DBR)

IEO

Last updated: Oct 17, 2024

deBridge is a generic messaging and cross-chain interoperability protocol that enables decentralized transfers of value and messages between blockchains.

Seed Round: $5.5M

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Overview

Project industry	Blockchain Infrastructure
Project launchpad	ByBit Launchpad
Product type	Protocol
Whitepaper	Open

Airdrop

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What is deBridge

deBridge is a secure interoperability layer for Web3 that enables decentralized transfers of arbitrary messages and value between various blockchains. The validation of cross-chain transactions is performed by a network of independent validators who are elected by and work for deBridge governance. Validators maintain the blockchain infrastructure and each run a deBridge node to sign all transactions that pass through deBridge smart contracts in different blockchains.

Delegated staking and slashing mechanics act as a backbone for protocol security and provide economic disincentives for validators to collude.

The deBridge protocol is an infrastructure platform and a framework for:

decentralized transfer of arbitrary data and assets
cross-chain interoperability and composability of smart contracts
cross-chain swaps
interoperability and bridging of NFTs

Details

IEO (Bybit Launchpool): Oct 17, 2024 - Oct 24, 2024
Token supply: 10,000,000,000 DBR
Raised: 5,500,000 USD

Legal

Blockchain Platform: Solana
Registration year: 2021

Token info

Ticker: DBR
Type: Utility-token
Token standard: SPL
Token distribution:
Community & Launch - 20%
Ecosystem - 26%
Core Contributors - 20%
deBridge Foundation - 15%
Strategic Partners - 17%
Validators - 2%