Archway aims to create a mothership-like smart contract blockchain ecosystem that connects all on-chain apps and developers, with an innovative protocol-layer incentive distribution architectural style at its heart.
Archway ($ARCH) is a permissionless smart contract blockchain made possible by the Cosmos SDK and Tendermint core. It’s primarily intended to encourage the use of dapps developed on top of it.
Based on the proportion of each project’s cumulative value contribution to the whole network, Archway prioritises paying inflationary awards and gas charges to developers and their decentralised apps. As a result, the L1 and app layers build a solid collaboration that benefits both parties: a win-win environment.
Cosmostation is ecstatic to be a part of Archway’s strategic fundraising round, which will help the company establish a long-term ecosystem. Cosmostation argues that proper developer incentives are critical to the ecosystem’s and native communities’ success.
Archway assures it at the protocol level by aligning motivating rewards with core development and ecosystem scalability. We’re thrilled to be a part of Archway’s mission to create a strong and efficient developer-first environment as well as a launchpad into the interchain.
For smooth cross-chain interaction and scalability, the Archway protocol, developed by Ignite and forged by Phi Labs, employs Inter-Blockchain Communication, Gravity Bridge, and CosmWasm. The Archway will serve as an onramp to the Cosmos interchain ecosystem for many ecosystem outsiders thanks to its simple incentive structure and Cosmos-native modules.
