Research summary

Celestia

The first modular blockchain network. Celestia is a modular consensus and data network, built to enable anyone to easily deploy their own blockchain with minimal overhead.

Project summary

Celestia is a new technology that powers, scales and secures Web3 applications. To achieve this, Celestia introduces a new modular blockchain architecture that solves the core scaling problems of today’s blockchains.

Modular blockchains are a new paradigm in blockchain design. Instead of one blockchain doing everything, modular blockchains specialize and optimize to perform a given function. This specialization provides breakthroughs in scalability, flexibility, and interoperability, enabling developers to build blockchain applications for mass adoption.

Think of Celestia as a power grid, except instead of providing electricity, Celestia provides the essential resource to power a blockchain: consensus and data availability. Similar to how anyone can plug into an electricity grid to power their appliance, anyone can plug into Celestia’s network to power their own blockchain.

Modular blockchains create a collaborative environment with many connected chains. Each new user that a modular blockchain brings in creates value for the whole modular ecosystem, not just a single L1. Modular blockchains collaborate while monolithic L1s compete.

Tokenomics

Team

  • Ismail Khoffi
    Co-founder and CTO. He is an ex-Google PhD Software Engineering Intern. He has served as Senior Software Engineer in several companies and built first working version of the tendermint light client in rust.
  • Mustafa Al-Bassam
    Co-Founder and CEO. He has a PhD in Computer Science. He has been advisor and cofounder of serveral companies
  • Nick White
    Chief Operating Officer. Co-Founder of Harmony Protocol. Ha has an NS in electrical Engineering

Investors & partners

Notable Cap Table: Blockchain Capital, Delphi, IOSG Ventures, Jump Crypto, Galaxy Digital, Bain Capital, Spartan, Figment, Polychain, Binance Labs, and Signature Ventures

CATEGORY

Infrastructure

BLOCKCHAIN // SUPPORT

Modular consensus and data network

USER CASES
Build blockchains easily

Celestia reduces the cost of deploying and maintaining your own blockchain.

Provides flexibility

Customize your application in a way that suits your needs.

Higher scale

Unlock access to web3 applications for everyone with more blockspace.

SOCIAL STATS

TW: 125k Followers

DC: 115k members

IMPORTANT DATES

TGE: Q3 2023