Funding
$20M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing blockchain systems often struggle with scalability and interoperability, leading to slow transaction speeds and isolated ecosystems. High transaction fees on some blockchains also limit their usability for microtransactions and everyday use cases.
Solution
DEXON offers a blockchain platform designed for high throughput and seamless cross-chain communication. Its architecture allows every node to propose blocks in parallel, significantly increasing transaction processing capacity. This parallel processing capability aims to provide a foundation for decentralized applications requiring fast and scalable performance. The platform also facilitates zero-fee cryptocurrency exchange services, enabling users to transfer value between different blockchain networks without incurring transaction costs.
Target Audience
The primary target audience includes developers building decentralized applications that require high transaction speeds and interoperability, as well as users seeking cost-effective cryptocurrency exchange services.
Features
- Blocklattice architecture enabling parallel block proposals from every node
- Zero-fee cryptocurrency exchange services
- Support for seamless transactions between different blockchain systems
- High transaction throughput for scalable decentralized applications