Cointelegraph Accelerator Selects Dojima Omnichain Network
In the quest to unlock the full potential of blockchain technology, the digital ecosystem faces a critical obstacle: lack of interoperability. As the number of blockchain networks grows, each with unique protocols and standards, the digital ecosystem becomes increasingly fragmented.
It creates barriers to the seamless exchange of data and assets across different blockchains, a fragmentation that poses a major hurdle for developers looking to build truly decentralized applications (DApps) that run on multiple platforms.
Workable blockchains are critical to unlocking the potential of blockchain technology. Source: Cointelegraph
Speaking to Cointelegraph, several industry experts, including Robbie Yung, CEO of Animoka Brands, highlighted interoperability as “the best way to capitalize on Web3's network effects.”
However, achieving interoperability is easier said than done. Traditional development approaches require a deep understanding of the complexity of each blockchain, which requires significant technical expertise and often increases development time and costs.
Moreover, the lack of standardized tools and frameworks for session development means that even experienced developers have to start from scratch when building DApps that can connect different networks.
Seamless interaction with Omnichain
An omnichain approach where developers can build DApps that run on multiple chains provides a viable solution to these challenges. By providing a platform that supports the integration of different blockchain networks, omnichains allow applications to take advantage of each chain's unique strengths without being constrained by their limitations. Developers have access to a wide range of tools and protocols, greatly reducing technical barriers and the time required to deploy cross-chain solutions.
Dojima Network is an omnichain Layer-1 platform, facilitating the building and deployment of cross-chain Dapps, tokens and smart contracts. With the omnichain approach standing as a prime example, Dojima's infrastructure opens up seamless expansion across multiple blockchains, access to a wider pool of liquidity and user base.
Dojima Network facilitates cross-chain DApp development. Source: Dojima Network
Enhancing the user experience, Dojima Network features are tailored to ease the complexity of on-chain development, including a comprehensive developer dashboard, cross-chain wallet, and blockchain browser.
Dojima Network has joined the Cointelegraph Accelerator.
Dojima's commitment to improving network interoperability and simplifying cross-chain development has led the platform to be included in the Cointelegraph Accelerator, a program for developing hot Web3 startups and projects. Due to the platform's high developer retention rate and good traction, which handles an average of 1,500 transactions per day, the Accelerator chose Dojima Network as a participant.
Since launching the live testnet in the first quarter of 2023, Dojima Network has facilitated more than 760,000 transactions, attracted 150,000 unique addresses and connected seven different blockchain chains. The India-based platform's mainnet launch and token generation event is scheduled for the second quarter of 2024.
Aiming to break down the silos in the current blockchain ecosystem, the platform aims to create a cross-chain that connects the Ethereum Virtual Machine (EVM) and non-EVM chains by simplifying and empowering cross-chain application development and distribution. The Dojima Network envisions a future where EVM coverage with cross-chain communication will become the standard for blockchain interoperability.
Dojima Network aims to become the omnichain layer of Web3. Source: Dojima Network
By enabling assets and data to move freely across different blockchains, omnichain solutions are poised to usher in a new era of innovation, fluidity and collaboration in the Web3 space. Advances in interoperability will fuel the development of more complex applications, expanding the use cases of blockchain technology beyond what is currently imaginable.
