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
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: Hashed, Coinfund, Wintermute, Blockchain Capital, Hypersphere, Lemiscap, Tendermint.
TW: 37.5k Followers
DC: 37.7 members
TGE: July 2023