StageSeries B | Alive
Last Raised$150M | 1 yr ago
Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+20 points in the past 30 days
Optimism is a PuOptimism is developing Optimistic Rollup with the aim of boosting the scalability of Ethereum. Optimistic Rollup is a scaling solution that aggregates transactions onto a Layer 2 protocol.blic Benefit Corporation dedicated to scaling Ethereum.
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ESPs containing Optimism
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Layer-2 blockchain scaling solutions are designed to increase the scalability of existing blockchains and offer users improved transaction speeds and lower fees. These solutions are built on top of the current blockchain infrastructure, allowing for faster processing and settlement times without compromising security or decentralization.
Optimism named as Leader among 15 other companies, including Polygon, Gnosis, and StarkWare.
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Research containing Optimism
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CB Insights Intelligence Analysts have mentioned Optimism in 3 CB Insights research briefs, most recently on Jul 30, 2022.
Jul 30, 2022What are Layer 2 blockchain scaling solutions?
Jul 29, 2022Where a16z is investing in crypto and blockchain
Expert Collections containing Optimism
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Optimism is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.
Latest Optimism News
Mar 12, 2023
Coinbase Nudges Users On-Chain with New Quests Program Coinbase is taking a page out of Optimism’s playbook. The United States’ largest crypto exchange on Thursday announced incentives modeled and named after Optimism’s Quests program, which sent activity on the Layer 2 blockchain to all-time highs early this year. Coinbase Wallet users who complete certain tasks will be rewarded in crypto, the exchange announced. The first iteration of the program, dubbed “Quests on Wallet,” will encourage users to swap, delegate and stake tokens on Optimism, the second-largest Ethereum rollup. And it will reward users with $5 worth of Optimism’s governance token, OP. Coinbase stock and OP are down 16% and 22% over the past week, respectively, amid a broader crypto market selloff prompted by a New York Attorney General lawsuit that referred to Ether as a security. COIN Price The move is part of a push to bring the crypto-curious “on-chain” — to encourage them to move from the more familiar world of banks and centralized exchanges, like Coinbase, to decentralized applications. On a Twitter Space Thursday, Coinbase Wallet product lead Alex Treece noted the exchange has more than 100M verified users. “It’s newbies, like your parents and grandparents, who may have a Coinbase account, and also very sophisticated folks,” he said. “We want to bring those folks on-chain.” The first iteration of the program, dubbed “Quests on Wallet,” will encourage users to swap, delegate and stake tokens on Optimism, the second-largest Ethereum rollup. It’s the latest example of a deepening relationship between the exchange and Optimism. Last month, Coinbase announced it was building its own rollup, Base, using Optimism code known as the “OP Stack.” Exchange Giant Challenges Arbitrum and Other Layer 2s With Own Blockchain As part of that announcement, Coinbase said it would become a contributor to the OP Stack and that it would donate a percentage of Base transaction fees to an Optimism-run grant program that funds developers working on public goods, such as upgrades to Ethereum. Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
Optimism Frequently Asked Questions (FAQ)
When was Optimism founded?
Optimism was founded in 2019.
Where is Optimism's headquarters?
Optimism's headquarters is located at San Francisco.
What is Optimism's latest funding round?
Optimism's latest funding round is Series B.
How much did Optimism raise?
Optimism raised a total of $179.18M.
Who are the investors of Optimism?
Investors of Optimism include Andreessen Horowitz, Paradigm, Huobi Ventures, Paycheck Protection Program and IDEO CoLab.
Who are Optimism's competitors?
Competitors of Optimism include StarkWare and 2 more.
Compare Optimism to Competitors
Polygon develops a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It provides a blockchain platform for Ethereum scaling and infrastructure development. Polygon allows developers and enterprises to build Web3 experiences. Polygon was formerly known as Matic Network. The company was founded in 2017 and is based in Bengaluru, India.
Offchain Labs builds a suite of scaling solutions for Ethereum. This includes Arbitrum Rollup, an EVM-compatible rollup that is currently live on an open, public, and full-featured testnet. Arbitrum Rollup instantly scales Dapps, reducing costs and increasing capacity, without sacrificing on security. Porting contracts to Arbitrum requires no code changes or downloads, as Arbitrum is fully compatible with all existing Ethereum developer tooling. The company was founded in 2018 and is based in Princeton, New Jersey.
StarkWare develops zero-knowledge proof (ZKP) technologies aimed at providing a solution to load problems and privacy concerns in the blockchain. ZKP provides the ability to prove that something exists or has taken place without exposing its content, typically in money transfers and credit. The company was founded in 2017 and is based in Netanya, Israel.
Nahmii is a layer 2 scaling protocol for the Ethereum blockchain which provides throughput, low latency, instant finality, and predictable fees. In addition to its performance, Nahmii is also uniquely capable of addressing institutional use cases by enabling developers to comply with KYC/AML and other regulatory requirements on demand. Nahmii comes with a complete suite of development tools and is fully compatible with the Ethereum Virtual Machine, shortening the learning curve for onboarding developers and making it easy to port existing contracts from Ethereum.
Metis runs decentralized businesses on the Ethereum blockchain.
Provider of commercial content moderation services. The company provides a solution for user generated image, video, and text content moderation which combines automation and human resources. Its clients are social networks, marketplaces, online dating products, image and video banks, and blogging platforms. Statistics overviews with key metrics allows clients to follow the moderation process day by day.
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