Edgeware is a DAO-focused, Substrate-based blockchain platform emphasizing community governance and smart contract compatibility. More
| Fully Diluted Valuation | $92,412 |
|---|---|
| 24H Trading Volume | $22 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 6.95 B |
| Total Supply | 7.41 B |
| Max Supply | 7.41 B |
| Categories | BNB Chain Ecosystem 3 more |
|---|---|
| Founder | Commonwealth Labs |
| Website | edgeware.community Whitepaper |
| Socials | 3 more |
| Chains | Polygon-pos Ecosystem 2 more |
| Explorer | Bscscan 6 more |
| Contracts | 0x4e0....c2270 2 more |
| Name | Pair | OG Score |
|---|
Edgeware, launched in February 2020 by Commonwealth Labs in the United States, represents a groundbreaking approach in the blockchain sphere. As a smart contract platform, it is the first of its kind on the Polkadot Network, focusing heavily on Decentralized Autonomous Organizations (DAOs). What sets Edgeware apart is its Substrate-based framework, allowing for robust compatibility with smart contracts. This compatibility is not only limited to applications developed using Rust and WebAssembly but also extends to existing Solidity/EVM smart contracts, which can be deployed with minimal adjustments.
The core of Edgeware's functionality lies in its community-driven approach, featuring a treasury managed by its users, a decentralized proposal system, and an expansive DAO network. This structure empowers smaller groups within the ecosystem, enabling them to initiate projects, develop ideas, and request funding, thereby decentralizing power and decision-making. The platform's native cryptocurrency, EDG, with an initial supply of 5 billion, plays a crucial role in this ecosystem. It is used for various purposes including governance participation, staking delegation, and covering transaction fees. The platform operates on a Nominated Proof-of-Stake mechanism, which is central to its security and governance model, balancing the power among a limited number of validators.
Edgeware stands as a testament to the evolution of blockchain technology, promoting a cooperative and experimental political economy. This approach is not just about technology but also about fostering a community of technical and artistic individuals who are passionate about exploring new economic models. This commitment to inclusivity and equitable distribution of resources and opportunities is what makes Edgeware a unique and forward-thinking player in the blockchain arena.
Edgeware stands out with its Substrate-based framework for enhanced smart contract compatibility and a strong focus on DAOs, promoting a community-driven, decentralized approach.
Edgeware was launched by Commonwealth Labs.
Edgeware has garnered support from Blockchain VC funds, Initial Public Offering (IPO), Coinbase Ventures, HashKey Capital, Framework Ventures, LedgerPrime among others.
Edgeware operates using a Nominated Proof-of-Stake (NPoS) consensus mechanism, which focuses on security and balanced governance through a limited number of validators.
