What is Particle Network? Particle Network is a Web3 Infastructure platform that temporarily translates the infrastructure platform for Web3 with the goal of helping developers easily build projects, Protocols, DApps in Blockchain. So what is interesting and interesting about Particle Network and whether it is worthy of being on an investor’s watch list? Let’s find out together in the article below.
To better understand Particle Network, people can refer to some of the articles below:
- What is Web3? Advantages & Disadvantages of Web3
Particle Network Overview
What is Particle Network?
Particle Network is a full infrastructure platform in Web3 that provides developers with SDKs that help them easily build Protocols and DApps. From infrastructure-related support, developers can focus on building core features and enhancing user experience. Particle Network provides many SDKs for products such as Wallet, NFT, Node Service and especially Account Abstraction.
It can be said that Particle Network is one of the rare platforms providing Account Abstraction service in the Crypto market, it can be said that AA technology is one of the core technologies to bring Crypto towards Mass Adoption.
Particle Network products
Some of Particle Network’s key products include:
- Auth Service: Paricle Auth is a new type of login and security solution. With the removal of Seed Phrase, user usage becomes simpler and more accessible to Web3 products.
- Wallet Service: Paricle Wallet is simple and secure. The project can integrate Paricle Wallet through just one line of code. Paricle Wallet is built to optimize user experience in Web3.
- Node Service: Paricle Node provides a powerful, secure, and highly available Blockchain API.
- NFT Service: Paricle NFT provides a solution to create, manage, distribute,… NFTs in a simple, easy and secure way.
- Decentralized Storage:Paricle Storage will provide decentralized storage solutions, allowing data to be stored safely & securely.
- Account Abstraction: Combined with Biconomy, Paricle builds a series of customizable features with Account Abstraction technology. Remember that Account Abstraction is one of the core technologies to bring Crypto to Mass Adoption.
These are just the first products from Particle Network and more products are expected in the future. Currently, Particle Network’s SDKs are available for many different platforms such as Android, iOS, Web, Unity, Flutter, React Native or Cocos and the project is also supporting all Blockchain EVMs on the market, gradually opening expanding to non-EVM Blockchain platforms, currently there is Solana.
It can be said that Particle Network serves as an extremely important infrastructure project to help the Crypto market not only go faster but also become simple and user-friendly, making it easy for them to move from one place to another. Web2 to Web3.
Development Roadmap
Particle Network has many future products such as:
- Data Service: Is a Web3 BI system in charge of collecting detailed information on internal and external data in real time.
Investor
- May 5, 2022: At the Pre Seed round, Particle Network successfully raised $1.5M with the participation of Insignia Ventures Partners, CyberConnect, BitCoke Ventures, 7 O’Clock Capital, FSC Ventures, Monad Labs,…
- March 29, 2023: Particle Network successfully raised $7M in Seed round with the participation of many famous investment funds such as ABCDE, Animoca, Longhash Ventures, GSR Ventures and HashKey.
Core Team
Pengyu Wang: Co Founder & CEO
- Pengyu Wang received his bachelor’s degree from Tsinghua University.
- Pengyu Wang used to work as Investment Director at SAIF Partners – Softbank’s early investment fund in Asian startups.
- After that, Pengyu Wang became CEO at MiniJoy and still works today.
- From March 2022, Pengyu Wang began establishing and building Particle Network.
Tao Pan: Co Founder & CTO
- Tao Pan graduated from Tsinghua University.
- Tao Pan participated quite early in the Crypto market when he received an Airdrop from XRP in 2013.
- Tao Pan once built a Social Gaming platform and successfully raised $15M from Alibaba.
What’s interesting is that the team members have built many relatively successful projects such as MiniJoy Lite: the most downloaded Mobile Game platform in the South Asia region (the number of users in India surpasses including Twitter). This platform has built a series of games below.
- Dao Sha Wo Zui Quiang: Top 5 on Chinese Apple Store and maintained on the chart for the next 3 weeks. Top 10 game titles in the US and many other countries.
- Idle Hamster Energy: Top 15 games in the US and over 15 other countries.
- Weed Crusher: Top 15 games in the US and some other countries.
- Light Sort Puzzle: Top 10 game titles in the US.
- Happy Golden Hen: Top 5 game titles in the US.
- Ball Sort Puzzle: Top 20 game titles in the US.
Tokenomics
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Exchanges
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Project Information Channel
Summary
Particle Network is an important project in the infrastructure segment. Hopefully through this article, everyone can understand more about what Particle Network is?
