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Optimism (OP)

Optimism bounty

Optimism is focused on the development of optimistic rollups, which are scaling layers that aggregate transactions above the base Ethereum layer. The idea is that by aggregating transactions, which are ultimately settled on the Ethereum blockchain, the cost of transacting can be reduced.

Seed Round: $3.5 Million

Series A Round: $25 Million

Series B Round: $150 Million

OTC Purchase: $89 Million

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Overview

Project industryBlockchain Infrastructure / Optimism Ecosystem / Layer-2 / EVM
Product typeTechnology
WhitepaperOptimism White Paper Open

What is Optimism

Optimism is a network and platform that aims to improve the scalability and efficiency of blockchain technology. It is built on the Ethereum blockchain and utilizes a layer 2 scaling solution called Optimistic Rollups.

The goal of Optimism is to enable faster and cheaper transactions while maintaining the security and decentralization of the underlying blockchain. The Optimism team has been actively working on developing and improving their technology to make blockchain more accessible and user-friendly.

Optimism is unique compared to other cryptocurrencies because it is a Layer 2 scaling solution for Ethereum. It aims to address the scalability issues of the Ethereum network by using a technique called Optimistic Rollups. This allows for faster and cheaper transactions, as well as increased scalability, while still leveraging the security of the Ethereum mainnet. Additionally, Optimism has achieved significant milestones, such as over $1 billion in gas saved by users and the deployment of thousands of contracts. It also distinguishes itself by using the name "Optimism" to refer to its network, distinguishing it from other projects.

Details

Token supply: 4,294,967,296 OP
Raised: 178,500,000 USD

Legal

Blockchain Platform: Optimism
Registration year: 2022

Token info

Ticker: OP
Type: Utility-token
Token standard: ERC-20
Token distribution:
25.00% - Ecosystem Fund
19.00% - Airdrop
19.00% - Core Contributors
17.00% - Investors
20.00% - RPGF

Project team

Jinglan Wang
Jinglan Wang
Co-Founder
Jinglan Wang linkedin
Ben Jones
Ben Jones
Co-Founder
Ben Jones linkedin
Karl Floersch
Karl Floersch
Co-Founder, CEO
Karl Floersch linkedin
Kevin Ho
Kevin Ho
Co-Founder, Product Manager
Kevin Ho linkedin
Prithvi Subburaj
Prithvi Subburaj
COO
Prithvi Subburaj linkedin
Mark Tyneway
Mark Tyneway
Co-Founder, Systems Engineer
Mark Tyneway linkedin
Brian Avello
Brian Avello
Director
Brian Avello linkedin
Eva Beylin
Eva Beylin
Board Member
Eva Beylin linkedin
Abbey Titcomb
Abbey Titcomb
Board Member
Abbey Titcomb linkedin
Joshua Stein
Joshua Stein
Board Member
Joshua Stein linkedin
Nick Balestra-Foster
Nick Balestra-Foster
Director of Engineering
Nick Balestra-Foster linkedin
Matthew Slipper
Matthew Slipper
Head of Engineering
Matthew Slipper linkedin
Kathy Zheng
Kathy Zheng
Head of Product Design
Kathy Zheng linkedin
Kevin Zhijie Chen
Kevin Zhijie Chen
Head of Security
Kevin Zhijie Chen linkedin
Smit Vachhani
Smit Vachhani
Head of DeFi
Smit Vachhani linkedin
Tasia Potasinski
Tasia Potasinski
Head of Marketing
Tasia Potasinski linkedin
Tess Rinearson
Tess Rinearson
Head of Product
Tess Rinearson linkedin
Mattie Fairchild
Mattie Fairchild
Head of Developer Relations
Mattie Fairchild linkedin
Stephanie V.
Stephanie V.
Head of People
Stephanie V. linkedin
Julien Boedec
Julien Boedec
Head of Operations
Julien Boedec linkedin
Vivian (Wei) Tao
Vivian (Wei) Tao
Head of Foundational Partnerships
Vivian (Wei) Tao linkedin
Lynnette Nolan
Lynnette Nolan
Head of Communications
Lynnette Nolan linkedin
Haonan Li
Haonan Li
Head of Cryptoeconomics
Haonan Li linkedin

Social media

Optimism web-siteOptimism MediumOptimism LinkedInOptimism X (Twitter)Optimism DiscordOptimism Github

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