Introduction to DappOS
DappOS is an intention execution network designed for specific value tasks, enabling chains and dApps to be intent-centered. It converts intentions into on-chain outcomes by creating a bilateral market: on the supply side, service providers collateralize assets and choose to run one or more execution services. On the demand side, it enables developers to find solutions that meet user intentions.
DappOS Team
Ty Shen is the founder of DappOS, former CTO and co-founder of Alchemy Pay. He also founded VR (Tsing Visual, acquired in 2016) and the Kanzhuan application. Ty Shen graduated from Tsinghua University with a degree in Mathematics and Software Development.
Isabella Yang is a co-founder of DappOS. She was previously a software engineer at Google, a general partner at HIG, and an angel investor in Web3. Isabella Yang received the Carnegie Mellon University Artificial Intelligence Research Scholarship. Taylor Harris is the community lead at DappOS.
DappOS Financing
DappOS has completed a total of 3 rounds of financing.
In November 2022, DappOS was selected for the fifth season of the Binance Labs incubation program, and on June 20, 2023, it received Pre-Seed financing from Binance Labs, although the specific amount was not disclosed.
On July 21, 2023, DappOS completed seed round financing at a valuation of $50 million, led by IDG Capital and Sequoia China, with participants including OKX Ventures, HashKey Capital, KuCoin Ventures, TronDao, Gate Labs, Taihill Ventures, Symbolic Capital, Foresight Ventures, BlueRun Ventures, Mirana Ventures, Leland Ventures, etc.
On March 28, 2024, DappOS completed a Series A financing of $15.3 million at a valuation of $300 million, led by Polychain, with participation from Nomad Capital, IDG, Flow Traders, IOBC, NGC, Amber Group, Uphonest, Taihill, Waterdrip, Bing Ventures, Metalpha, Spark Digital Capital, Web3Port Foundation, and Satoshi Lab.
Core Advantages of DappOS
1. Lowering User Barriers:
The biggest highlight of DappOS is that it enables ordinary users who are not familiar with blockchain to easily use DApps through smart management and simplified operations. For example, users no longer need to create complex wallet addresses or manually switch networks; DappOS automatically handles everything, allowing users to focus on the application itself.
2. Support for Multi-Chain Ecosystems:
DappOS is compatible with multiple public chain ecosystems (such as Ethereum, BSC, Polygon, etc.), achieving seamless cross-chain operations. This provides greater flexibility for developers and users, enabling connections to more blockchain resources.
3. A Developer-Friendly Environment:
DappOS provides a wealth of development tools and SDKs, supporting developers in quickly adapting their applications to the platform, thus accelerating the expansion of the entire ecosystem.
4. Business Model and Token Economics:
DappOS integrates users, developers, and ecological resources closely through an innovative token incentive mechanism, forming a closed-loop economic system. Users holding DappOS tokens can enjoy various benefits such as transaction fee discounts, platform rewards, and participation in community governance.
Main Highlights
DappOS currently offers three main functions:
1. Intent Assets: Users can utilize their assets while continuously earning interest.
2. Purpose EX: Users can achieve optimal trading costs when engaging in spot trading.
3. Intent-Centric dApp Interaction: Users can seamlessly interact with dApps, avoiding the complexities of direct blockchain interactions.
These three functions meet the most common on-chain needs of users, positioning DappOS as a comprehensive Web3 operating system by integrating these essential functionalities.
Future Development of DappOS
DappOS is a project that truly starts from user experience and industry needs, lowering barriers through innovative technology and bringing unprecedented convenience to the Web3 ecosystem. Whether in terms of short-term market performance or long-term industry value, it demonstrates tremendous development potential. If you also see promise in the future of Web3, DappOS is undoubtedly a project worth focusing on!