Research summary

Archway

Archway is an incentivized L1 blockchain that allows developers to capture the value their dapps create, enabling sustainable economic models.

Project summary

Archway is a Cosmos-based protocol that rewards decentralized application developers building on the network. The Archway protocol acts as an on-ramp to Cosmos, enabling developers to deploy cross-chain dapps and receive rewards for their contributions to the network.

Archway allocates its native $ARCH token to dapps in proportion to the number of users they bring to the network. Developers are free to use those rewards however they want, which means dapps can provide incentives for their own users without dipping into a limited token treasury.

Archway had its Public sale with CoinList

Tokenomics

Team

Team is mostly in US and Europe 35 staff total, 20 developers

Griffin Anderson, the CEO and co-founder, has an impressive background. He was one of the first hires at Consensus, where he managed an engineering team of 40. Additionally, he has extensive experience leading product and strategy at Tendermint.

They have a strong engineering team consisting of highly skilled individuals. Their Head of Engineering brings valuable expertise from Cardano, and they have several lead developers who have joined them from Solana.

Investors & partners

Investors: Hashed, Coinfund, Wintermute, Blockchain Capital, Hypersphere, Lemiscap, Tendermint.

CATEGORY

Infrastructure

BLOCKCHAIN

Archway Network, a Cosmos-based protocol

HIGHLIGHTS
  • The project has been in development for 2.5 years. Currently, there are over 200 dApps running on its platform
  • Archway has a strong community of developers and users. As of the time of writing, there are over 5,000 validators participating in the incentivized testnet. Additionally, a recent hackathon hosted by Dorahacks attracted 65 projects.
  • They have organized several hacker houses and initiated a grants program.
  • They have a strong focus on utility-based dApps, allowing them to attract a large number of developers and users
  • They have launched a coding academy, aiming to educate and attract more developers.

SOCIAL STATS

TW: 37.5k Followers

DC: 37.7 members

IMPORTANT DATES

TGE: July 2023