With the arrival of the bull market in the cryptocurrency circle, Bitcoin broke through 100,000 US dollars, and the crypto market was extremely active. Everyone entered the digital currency market, hoping to make money here. At present, the bull market has entered the mid-term stage. There is not much room for Bitcoin and Ethereum to rise. The next step is that the main funds and big investors will flow to the cottage market, driving a wave of cottage climax. In fact, in the bull market stage, if you layout the primary market, you can also ambush many projects with the potential to double. If you have experienced the last bull market in 21 years, you may be clearer.
1. Introduction to dappOS
dappOS is an innovative intent execution network that aims to lower the barrier to entry into Web3 by simplifying the user interaction experience with decentralized applications (dApps).
dappOS creates a middle layer that enables users to interact with dApps as easily as with Web2 applications. This middle layer abstracts the technical complexity of the blockchain so that users only need to interact with dappOS, which is responsible for interacting with the encrypted dApps that users need to access and automating the workflow.
To put it simply: DappOS is a system that converts user ideas into results on the blockchain, connecting service providers and developers to complete tasks.
The so-called “intention assets” are a tool that automatically converts and manages assets on different chains, simplifies cross-chain operations and automatically brings profits.
2. Team Introduction
Ty Shen: Ty Shen is the founder and CEO of dappOS, and the former CTO and co-founder of blockchain payment company Alchemy Pay. Ty Shen's entrepreneurial experience includes: In 2016, Ty Shen founded VR company Tsing Visual, which was later acquired. In 2017, Ty Shen co-founded crypto payment company Alchemy Pay and served as CTO. During his time at Alchemy Pay, he led the R&D team to build a blockchain payment system. As the founder and CEO of dappOS, Ty Shen is responsible for the company's strategic planning and technical architecture design. He leads the core R&D team to build a decentralized network. At the same time, Ty Shen has won many awards including Forbes' 30 top entrepreneurs under 30, and his entrepreneurial story also has a certain influence in the industry. Ty Shen graduated from Tsinghua University with a double bachelor's degree, majoring in mathematics and applied software.
Isabella Yang: Isabella Yang is the co-founder and COO of dappOS. She has extensive entrepreneurial and investment experience in the technology industry. She graduated from Carnegie Mellon University with a bachelor's degree in computer science. During her time at school, she received a graduate scholarship in artificial intelligence. She worked as a software engineer at Google headquarters and participated in the development of the Chrome browser. Later, she joined the venture capital firm HIG Capital and invested in unicorn companies such as Uber, Airbnb, and Dropbox. At the same time, Isabella Yang is an early investor in the cryptocurrency field and an angel investor in many Web3 startups. At dappOS, Isabella Yang is responsible for business strategy and ecosystem construction. She uses her own industry resources to help dappOS expand its partners. Isabella Yang was named one of the Forbes 30 Under 30 and is also a LinkedIn Top Voice. Through her technical and business background, Isabella Yang is supporting the dappOS team to make blockchain more accessible and accessible. She is one of the recognized investment experts and female leaders in the blockchain industry.
3. Financing
DappOS has completed 3 rounds of financing in total.
In November 2022, dappOS was selected for Binance Labs' fifth season incubation program, and received Pre-Seed round of financing from Binance Labs on June 20, 2023, but the specific amount of financing was not announced.
On July 21, 2023, dappOS completed its seed round of financing with a valuation of US$50 million, led by IDG Capital and Sequoia China, with participation from OKX Ventures, HashKey Capital, etc.
On March 28, 2024, dappOS completed a $15.3 million Series A financing round with a valuation of $300 million, led by Polychain, with participation from Nomad Capital, IDG, Flow Traders and others.
IV: Project Summary
Project name: DappOs
Total Tokens: 1 billion
Project valuation: $300 million
Project establishment time: 2022
Project tracks: Infrastructure, Intentional Assets, AI Intelligence
Binance’s seed round project Dapp OS only has a few spots left…