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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.

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Overview

Project industryBlockchain Infrastructure
Product typeTechnology

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 TwitterParaState FacebookParaState DiscordParaState Github

MVP

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