- What is Axelar Network?
There are a lot of blockchain systems in the world today. Each blockchain is a separate ecosystem on which dApp developers build their applications. These applications in most cases work only in one ecosystem and it is difficult for their developers to transfer their program to other blockchains. The Axelar Network allows dApps developers to develop their projects on every blockhain while maintaining the security and privacy of their applications.
Axelar allows you to interact with all known blockchains. You can lock, unlock, transfer assets, and communicate with your applications on any other chain through the Axelar API. Axelar is building a unique product that can become a leader in its field. The team opens up new opportunities for developers, that can change cryptocurrency ecosystems forever.
Team had 4 funding rounds. First was on 18th of March 2020 and the last one was on 22nd of November 2021. During all the rounds was fund raised 28.8M$, that is extraordinary big amount for crypto industry. In the investor list we can see next tier 1 funds: Polychain, Coinbase Ventures, Binance, Crypto.com Capital and DragonFly Capital.
The project was created by two well-known developers in crypto industry: Sergey Gorbunov and Georgios Vlachos. The project is building for more than two years and during this time they managed to hire a huge number of highly qualified developers. You can see the list of all developers here.
If you are a developer and think that you are worthy to work in Axelar Network, then feel free to apply here. The team continues to hire people and expand, which is also a huge plus.
5. Quantum Community Event
In December 2021, the project launched the Quantum Community Event in which everyone can participate. The program was created in order to attract a new audience and expand the hype of the project. For more detailed information click here or here.
To sum up I would say that Axelar will create a very high quality product that will greatly help the world of cryptocurrencies. Due to the fact that it will become much easier to develop applications, this can attract new qualified developers who will come up with new innovative ideas.
Official Website: https://axelar.network/
Official Blog: https://community.axelar.network/