Founders:Prashant Maurya, Mitrasish Mukherjee
Co-Investors:Onchain Capital, Master ventures, X21 Digital
Launch Date: April 2021
What is Spheron Protocol?
Spheron Protocol provides a comprehensive platform for automating decentralized applications (dapps). The platform enables developers to quickly deploy websites and scale their projects. With support for multiple decentralized protocols, custom domains, censorship resistance, and subscription payments with crypto, Spheron Protocol makes it easy for developers to take their applications to the next level.
Why we invested?
Spheron Protocol makes it easy for developers to create dApps that are tailored to their specific needs. With support for multiple blockchains, developers can easily deploy their applications on multiple networks, enabling them to access the widest possible audience with ease. This feature, combined with the ability to customize the user experience gives developers the flexibility they need to create truly innovative applications.
We are confident that Spheron Protocol will be a key driver of adoption in the decentralized economy. By making it easier for developers to deploy and scale their projects, Spheron Protocol can help bridge Web2 developers to the decentralized economy. We are excited to support Spheron Protocol and help bring their innovative tools to the world.
Challenges in the current landscape
Due to the distributed nature of decentralized networks, they often lack the ability to scale quickly and efficiently. As decentralized networks become more popular and more users join them, the network can become congested and unable to handle additional traffic. This can result in slow transaction times and increased fees, making it difficult for developers to create applications that are able to scale quickly in response to increased demand.
Traditional web development tools such as HTML and CSS are not always well suited for decentralized networks. This can make it difficult for developers to create applications with a smooth user experience. Additionally, decentralized networks often lack the ability to easily create and store user data, making it difficult to create applications with personalized content.
Decentralized applications must be secure and free from manipulation or censorship in order to be successful. This is often difficult, as decentralized networks are often vulnerable to attack by malicious actors. Developers need to ensure their applications are secure and free from manipulation in order to protect their users and ensure their applications are successful.
Many decentralized applications need to access multiple protocols in order to reach the widest possible audience. Unfortunately, many decentralized networks lack the relevant dev tools, making it difficult for developers to reach the widest audience.
Developing applications on decentralized networks can be slow and cumbersome due to the distributed nature of the networks. This can make it difficult for developers to quickly deploy and scale their applications, as well as create dynamic, personalized experiences for their users.
Spheron Network solution
Spheron Protocol is an all-in-one decentralized platform for automating modern dapps. It provides developers with the tools needed to quickly deploy websites and scale their projects. The platform makes it easy for developers to take care of the hard things, such as deploying instantly, scaling automatically, and serving personalized content on decentralized networks. This simplifies the development process of decentralized applications, allowing developers to quickly deploy and scale their projects.
Spheron Protocol provides developers with support for multiple decentralized networks, allowing them to access a wider audience. Additionally, Spheron Protocol provides censorship resistance, ensuring that user data is secure and free from manipulation or censorship.
Spheron Protocol provides developers with the tools they need to create innovative applications on decentralized networks. By making it easier for developers to deploy and scale their projects, Spheron Protocol can help bridge Web2 developers to the decentralized economy.
Developer activity on Blockchain is on a steady rise and continues to grow despite the bear market. A developer survey conducted by Hiro confirms that when speculative activity around crypto cools off, it’s time to get to work as 55% of the respondents said that the bear market has increased their appetite to build in the Web3 space.
We are confident that Spheron is a revolutionary platform that will revolutionize the way developers interact with decentralized networks and bring about a new age of web3 development. With its support for multiple Blockchains, custom domains, censorship resistance, and subscription payments with crypto, Spheron Protocol will bridge the gap between traditional development and decentralized development. As the decentralized economy continues to expand, we are sure that Spheron Protocol will become an increasingly indispensable platform for developers.