
Shinami
A developer platform for web 3.0.
Date | Investors | Amount | Round |
---|---|---|---|
* | $5.6m | Seed | |
Total Funding | 000k |
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Shinami operates as a blockchain infrastructure company, specifically focusing on the Sui blockchain ecosystem. The company was founded in 2023 by Nikhil Srinivasan and Konstantin Toussaint, both of whom bring experience from their time at Mysten Labs, the original contributor to the Sui blockchain. Their background at Mysten provided them with a deep understanding of the Sui network's architecture, positioning them to address infrastructure challenges for developers building on the platform.
The core business of Shinami is to provide a suite of tools and services that simplify the process for developers to create and deploy decentralized applications (dApps) on Sui. The company offers a platform that includes node services, APIs, and other infrastructure components. This allows developers to bypass the complexities of running their own nodes and managing the underlying infrastructure, thereby accelerating the development lifecycle. The target market consists of web3 developers, businesses, and enterprises looking to leverage the Sui blockchain for their applications.
Shinami's business model is centered around a platform-as-a-service (PaaS) offering. It provides RPC node access, which is crucial for applications to interact with the blockchain, along with other developer-focused services. The company generates revenue by charging for access to its infrastructure, likely through tiered subscription plans or a pay-as-you-go model based on usage. The primary benefit for clients is the ability to build scalable and reliable applications on Sui without incurring the significant overhead of managing their own blockchain infrastructure. In its first year, the company secured $2.5 million in a pre-seed funding round, indicating early investor confidence in its approach to supporting the growing Sui ecosystem.
Keywords: blockchain infrastructure, Sui blockchain, developer tools, Web3, dApps, node services, API platform, PaaS, RPC nodes, decentralized applications