Buy Bware (infra)

Bware (INFRA): overview

Key facts about Bware (INFRA) 

• Bware aims to build infrastructure solutions for blockchain technology, specifically targeting blockchain data access through highly scalable APIs.
• Bware's core offering is a decentralised API Platform (DSN) where users can read blockchain data and send transactions  while node operators can rent out node computing power to earn INFRA tokens.
• The Blast architecture is designed to be highly scalable, allowing it to handle large volumes of requests without compromising performance or security.
• The INFRA token serves as the incentive mechanism of the Blast ecosystem, powering the platform’s decentralisation and allowing node operators to be rewarded for running nodes within the protocol.
• Bware fosters an active community through its website, social media channels, and developer forum, encouraging user engagement and feedback.
• Bware collaborates with various blockchain projects and organisations to expand its reach and integrate its technology into existing ecosystems.

What is Bware (INFRA)?

Bware(INFRA) is a utility token designed to power the decentralisation of Blast, a one-of-a-kind API protocol built by Bware Labs, that enables data access to over 28 different chains in a distributed and decentralised manner. Blast is currently one of the fastest protocols that grants blockchain access (read/write) to developers and enterprise companies and is the only protocol that provides this type of performance even though it is decentralised.

The protocol employs an Intelligent routing system that uses machine learning algorithms to optimally route requests based on a series of factors such as geographic location, load on each node, the latency registered for a specified period, and many others. It also leverages the power of dozens of third-party operators  that have permissionless access to join the protocol and serve requests while being rewarded in INFRA tokens based on their overall performance.

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What is the purpose of the INFRA token?

The INFRA token serves as a utility token designed to incentivize the decentralisation of Blast. A development platform aiming to become the blockchain access layer for the most relevant blockchains in the industry.

What are the token utilities of INFRA within the Bware ecosystem?

INFRA allows third-party operators to join the Blast Protocol by staking a minimum of 5000 tokens and get incentivized for serving requests within the platform. Moreover, token holders can delegate their tokens to one of the 170 staking pools available on the platform. In the future, INFRA will also serve as a payment method for companies using Blast for their Blockchain development.

What are the main features of INFRA?

Utility token for incentivizing third-party operators to run nodes within the Blast Protocol. Learn more here.

What makes Bware different from its competitors?

Bware Labs/Blast combines the best features of blockchain gateway companies being faster and more reliable than centralised providers while being decentralised at the infrastructure level. The Blast protocol has achieved a state where it can handle enterprise-level quality of service without sacrificing decentralisation. Moreover, due to its highly distributed nature, it can provide superior availability compared to existing solutions on the market.

On top of Blast, Bware Labs offers a suite of other products to help improve blockchain ecosystem adoption for the partner blockchains. Among the products and services of Bware Labs we can find:

• Validators (on 44 networks and more than 300M TVL) 
• Govscan.live - on-chain governance platform 
• Faucets
• Snapshot services
• Core engineering contributions

Tokenomics & Vesting

Learn more about INFRA Tokenomics here

What is the max supply?

The max supply is 100,000,000 INFRA tokens.More details can be found here. 

What is the current circulating supply?

The current circulating supply is 4,103,501 INFRA tokens.As staking rewards are emitted, the circulating supply is updated daily here. 

Did INFRA have an ICO/Token Sale?

Launch pool event on Kucoin (Kucoin Burningdrop) where 200,000 INFRA tokens were airdropped to the community. 

What was the initial token distribution?

Public Round (Kucoin Burningdrop) - 200,000 INFRACEX and DEX Liquidity - 1,700,000 INFRAMarketing - 550,000 INFRAInsurance Fund - 1,000,000 INFRA Community Airdrop and Incentivised Testnet: 400,000 INFRAInitial Circulation Supply: 3,855,000 INFRAPlease find more details about the initial token distribution here

Did the project have any private investment rounds?

Seed Round Investors: VCs: ASCENSIVE Assets, Spartan Group, Ava Labs,  Morningstar Ventures, TRGC, GBV, Waterdrip 

Series A Round: VCs: Hypersphere, Blizzard (Avalanche), Infinity Ventures Crypto, Figment, Woodstock, Kosmos, Nabais Capital, Axia 8, Aventures Dao, Coingecko, Nexo, ASCENSIVE Assets, Morningstar Ventures, Spartan Group, GBVAngels: Erik Ashdown and Ganesh Swami (Covalent), Connext, Impossible Finance, Subsquid, Derek Yoo (Moonbeam), Alex Smirnov (deBridge), Etiënne vantKruys (TRGC), Michael Chen (Fantom )

Based on what valuation?

• Seed round: 7M
• Series A: 50M

How many tokens were allocated to these rounds?

• Seed round: 12.2M INFRA
• Series A: 12M INFRA

What is the vesting period?

1-year cliff and 1.5-year daily linear vesting for all private investors.Daily linear vesting will start on the 30th of May 2024.

Roadmap

• Increase payment option variety making it easier for users to acquire Blast Services
• Release NFT APIs on 5 different blockchains (Ethereum, Arbitrum, Optimism, Base, Starknet)
• Release staking APIs to allow institutions and applications to stake directly to Bware Labs validators
• Govscan V2 -  allow in-app voting and forum functionalities

Q2 2024

• Release a new and improved routing version, employing AI for a better prediction model
• Boosted historical queries by allowing users to opt in for getting historical data directly from Bware Labs’ Indexing Solution
• SOC 2 attestation for institution staking

Q3 2024

• On-demand, automated indexing in Blast
• Add support for the INFRA token within the Blast payment system

Q4 2024

• Blast decentralised protocol V2, allowing token holders to get access to the entire node pool by using the INFRA token, without any interference from the Bware Labs team - transition to a fully decentralised state

Partnerships

Bware Labs/Blast has developed official partnerships with some of the most popular names in the industry such as

• Polygon (Services: Validator, Blast Integration, Supernet Integration Partner)
• Avalanche (Services: Blast integration, Subnet development, Investor in both rounds)
• Aptos (Services: Validator, Blast Integration, Govscan Integration, AIP-6 - Bware Labs built the Aptos chain delegation functionality)
• Starknet - 4-Year grant to provide extended Blast support for Starknet developershttps://blastapi.io/blog/blast-built-by-bware-labs-receives-grant-from-starknet-for-furthering-network-support
• Linea - (Blast Integration)
• MultiversX - (Blast Integration, Event Partnerships)
• Moonbeam - (Official API provider for the ecosystem through Blast, Collator)
• Astar - (Services: Blast integration, Collator, Dapp Staking)https://medium.com/astar-network/bware-labs-joins-our-ecosystem-as-one-of-our-go-to-service-partners-for-future-developers-f7245b1d2cba

Who is on the Bware team? 

Bware Labs team is now comprised of 50 professionals, out of which 38 are engineers. The founding team backgrounds are as follows:

Flavian Manea, CEO
Ex: Head of Blockchain Integrations at Ankr, Full-Stack Engineer at Intel.

Alexandru Minulescu, CTO
Ex: Blockchain development specialist at Ankr, Senior Software Engineer at Luxoft

Radu Enoiu, Head of Product
Ex: Product Manager at Ankr, Senior Backend Engineer at Google

Matei Popp, - Devops Lead
Ex: DevOps Engineer at Ankr, Devops Engineer at Ericsson

Alexandru Filip, - Smart Contract Development Lead 
Software Engineer at Ankr, Software Engineer at Luxoft,  Bachelor C.S  University of Cambridge