
Dojima
Omnichain Layer 1 platform unifying Web3 ecosystems.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
Dojima is a technology company operating in the Web3 space, providing an omnichain Layer 1 platform that integrates various blockchain ecosystems. The firm's core product, Dojima Network, functions as a cross-chain infrastructure designed to solve blockchain fragmentation by allowing developers to build applications that can operate across different blockchains seamlessly. This enables the transfer of assets and data between otherwise siloed networks like Ethereum and Solana.
The Dojima Foundation was established by co-founders Akhil Reddy and Bhagath Reddy. Their journey into Web3 began in 2020, leading them to identify the critical challenge of blockchain fragmentation. Akhil Reddy, who previously worked on predictive algorithms, and Bhagath Reddy, formerly with Oracle, leveraged their technical backgrounds to address this issue. The project launched a testnet in late 2022 and a stage net in early 2023.
The company's platform provides developers with a common ground to access liquidity and interact with protocols from multiple chains. Its infrastructure is designed to be a universal framework for chain abstraction and cross-layer interaction, creating a more interconnected environment. The business model appears to be centered on providing this foundational infrastructure for developers and fostering an ecosystem of cross-chain applications and services. Dojima targets Web3 developers and protocols seeking to overcome the limitations of single-chain operations.
Keywords: omnichain, Layer 1, cross-chain infrastructure, Web3, blockchain interoperability, decentralized applications, DeFi, blockchain fragmentation, liquidity solutions, developer tools, protocol security, asset transfer, cross-chain communication, smart contracts, Web3 ecosystem, Dojima Network, Akhil Reddy, Bhagath Reddy, multi-chain, decentralized finance