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ASTR

ASTAR  

#ASTR

ASTR Price:
$0.12
Volume:
$14.8 M
All Time High:
$0.33
Market Cap:
$0.6 B


Circulating Supply:
5,021,519,998
Exchanges:
14
Total Supply:
8,427,634,399
Markets:
19
Max Supply:
Pairs:
32



  ASTR PRICE


The price of #ASTR today is $0.12 USD.

The lowest ASTR price for this period was $0, the highest was $0.116, and the current live price for one ASTR coin is $0.11588.

The all-time high ASTR coin price was $0.33.

Use our custom price calculator to see the hypothetical price of ASTR with market cap of BTC or other crypto coins.


  ASTR OVERVIEW


The code for ASTAR is #ASTR.

ASTAR is 2.2 years old.


  ASTR MARKET CAP


The current market capitalization for ASTAR is $581,872,849.

ASTAR is ranking upwards to #127 out of all coins, by market cap (and other factors).


  ASTR VOLUME


The trading volume is large today for #ASTR.

Today's 24-hour trading volume across all exchanges for ASTAR is $14,807,517.


  ASTR SUPPLY


The circulating supply of ASTR is 5,021,519,998 coins, which is 60% of the total coin supply.


  ASTR BLOCKCHAIN


ASTR is the native coin for the Astar blockchain.

View the full list of Astar blockchain tokens.


  ASTR EXCHANGES


ASTR is integrated with many pairings with other cryptocurrencies and is listed on at least 14 crypto exchanges.

View #ASTR trading pairs and crypto exchanges that currently support #ASTR purchase.


  ASTR RESOURCES


Websiteastar.network
Whitepapergithub.com/AstarNetwork/plasmdocs/blob/master/wp/e...
TwitterAstarNetwork
TelegramPlasmOfficial
DiscordZ3nC9U4
Mediumastar-network


  ASTR DEVELOPER NEWS



Introducing Astar 2.0

Dear Astar Community, As you’ve noticed, we’re deep in the bear market. It’s the perfect time to continue building, and it’s surely not a coincidence that we’ve seen big announcements coming from other renowned builders in the space. At Astar, we started with the mission of using technology to have a positive impact on society. We have become the first public blockchain listed in Japan and quickly succeeded in becoming one of the most recognized and active parachains. But this is just the first part of a multi-step journey for us. After establishing ourselves and getting deeply embedded in the ecosystem, we’re moving on to bigger things with Astar 2.0. Today, we will announce our vision and the path we will take in Astar 2.0. The beginning of something impactful! In the upcoming weeks we will dive deeper into each topic with a series of blog articles, infographics and deep dive AMA’s. What is Astar 2.0 all about? Astar is evolving, and Astar 2.0 will impact all facets of our network, from tokenomics to governance structure. While 1.0 was all about building the underlying infrastructure and ensuring it’s secure, reliable, and battle-tested, Astar 2.0 focuses on getting us ready to deliver web3 to billions and further decentralizing Astar. 2.0 describes the future iteration of our network, as well as shows the direction we’re headed towards. A crucial part of Astar 2.0 is what we call Astar Link. Astar Link...




Monthly Recap: May 2023

GM Astar Community, May has been another busy month for the Astar team. While memecoins have, for better and worse, captured attention, we continued building and entering new partnerships to grow the Astar ecosystem. Read on for a recap of some of our highlights in May. — Network - — XCM V3 live on Shiden. — During May, the latest version of XCM, Polkadot’s cross-consensus messaging, went live on Shiden Network. XCM facilitates the building of cross-chain dApps, and its latest upgrade V3, enhances bridges to ecosystems such as Kusama and Ethereum. This paves the way for more powerful asset exchange as well as moving NFTs cross-chain. You can learn more about how XCM plays into Astars’ vision here: Astar Innovation Hub Vision enabled by XCM — Part 1 — Tokenomics are changing. — A frequent point of criticism, we’re listening to the community and have decided to revise our tokenomics. Our focus is on rewarding those contributing most to the network and setting Astar up for a sustainable future. Stay tuned for more details to come in the near future. — dApp staking now live on Ledger. — Anyone looking to support their favorite Astar builders through our dApp staking from the comfort of a hardware wallet can now do so using a Ledger device. While general support for Astar and Shiden EVM rolled out already last year by enabling dApp staking, users can now more readily engage wi...




The Astar x Sony Web3 Incubation Program Candidates: Round 4

Recently, Astar and Sony Network Communications announced the winning candidates of the web3 Incubation Program. As the program has run its course, we have released a series of articles highlighting the features and practical solutions being offered by each of the candidates, so our community is able to learn more about what they’re doing, and what made them stand out among nearly 200 other amazing projects! — Web3 Demo Day. — The culmination of the web3 incubation program will be held on June 18th at a live in-person venue as well as online in the COSMIZE Metaverse, and will feature pitch sessions from each project to showcase their innovations to venture capitalists and corporations interested in collaborating with web3 startups. The event will be an opportunity for those who want to learn about practical uses of web3 through hands-on experience and presentations from cutting-edge global projects, and for those who want to gain a deeper understanding of the web3 vision that Astar Network and Sony Network Communications are working on. There will also be opportunities to interact directly with the program candidates, both online and offline. With that being said, we are delighted to highlight the last four of nineteen exceptional candidates being recognized for their innovative approaches to revolutionize various aspects of the web3 ecosystem. — The Round Four Candidates. — Leveraging technologies...




Demo Day

Demo Day for the incubation program, co-hosted with Sony Network Communications, will be held at both offline and online venues Sony Network Communications Inc. (Tokyo, Japan; Jun Watanabe, President & CEO), together with Startale Labs Pte Ltd (Singapore CEO Sota Watanabe) will hold a demo day for the Web3 Incubation Program by Sony Network Communications and Astar Network on June 18, 2023. The Demo Day will be a hybrid event, hosted in-person at an offline venue, and online in the Metaverse, and will bring together participants from all over the world. This event is also registered as a “ Japan Blockchain Week Official Event’’. What is the Web3 Incubation Program by Sony Network Communications and Astar Network? For this program, web3 startups were invited from around the world, irrespective of the phase of their development. After Sony Network Communications and Astar considered the suitability of each of the startups in terms of their technology, team, and product appeal, 19 projects out of over 200 applications were carefully selected to become part of our exclusive web3 incubation program. Throughout the program, participants benefit from information sessions led by global venture capitalists and successful web3 companies, learn business and technology development strategies through mentoring, and access Sony Network Communications’ extensive resources for collaboration and support. What is Demo Day? Sign...




Using NFTs for Enterprise Marketing

While NFT trading volumes have declined, enterprises continue experimenting with the new technology. And rightfully so, as NFTs offer various benefits that have little to do with pfp collections with limited utility and are all about enhancing the relationship between businesses and consumers. NFT is short for non-fungible tokens and describes a type of token where one token cannot be exchanged with another. Each token is unique. Consequently, NFTs are often referenced as the best way to monetize digital art and other unique digital assets. Beyond that, NFTs can be leveraged for use cases such as identity and verified credentials. However, not all NFTs are created equally. It all comes down to the platform they run on and their token standard. — NFT standards - Ultimately, token standards define a token in any blockchain context. The standard defines features, format, and interactions one can have with the token. Standardization enabled ease of integration because as long as every project uses agreed-upon standards, it’s easy to build infrastructure to support transactions, withdrawals, and more. ERC-721Image source The most well-known NFT standards have been established in the Ethereum ecosystem. ERC-721 is considered the original NFT standard and was first used prominently to mint crypto kitties. Each Crypto Kitty is unique because its token ID paired with its contract address exist only once. ERC-1155 However, ER...




Your Personal Guide to Astar Network is Here!

What is all this AI hype about? - AGI, or Artificial General Intelligence, is actually quite different from what most of us would colloquially refer to as ‘AI’ these days, in the form of Chat GPT. AGI refers to a highly autonomous machine intelligence able to perform any cognitive task a human being is able to, but we’re not there yet. An AGI would possess the ability to understand, learn, and apply knowledge across multiple domains; and to reason, and solve problems like a human. In essence, AGI would demonstrate true intelligence like that of humans, and not be limited to performing well on only specific sets of tasks. GPT, or Generative Pre-trained Transformer, on the other hand, is a type of AI that belongs to a family of transformer-based language models. GPT models have been designed for various natural language processing tasks, including text generation, translation, summarization, and question-answering, with the most famous being OpenAI’s Chat GPT-3. These models are pre-trained on massive amounts of textual data and can generate creative, context-aware, human-like text based on given input prompts. Where the difference between AGI and GPTs becomes critically evident, is in the ‘understanding’ of the text. Whereas an AGI would be able to process and comprehend what words and abstract concepts actually mean, GPTs play a bit of a charade while making themselves appear to have intelligence, even on the od...




An introduction to NFTs on Astar

NFTs, or non-fungible tokens, are a token standard where tokens aren’t interchangeable. Therefore they’ve picked up among digital artists who, thanks to NFTs, for the first time could monetize their art which previously heavily suffered from the ability to “copy-paste” anything online. It’s an exciting token standard with applications way beyond digital art and the creator economy, tapping into anything from digital identity to gaming. Astar’s NFT ecosystem is still nascent but growing and already includes some world-renowned artists. This post will introduce you to NFTs on Astar, the wallets, the marketplaces, and some of the leading projects. — What is Astar? - Astar is a parachain in the Polkadot ecosystem, building infrastructure to facilitate multichain smart contracts. While most blockchain ecosystems are limiting their ability to execute contracts within their own virtual machine, Astar leverages the cross-virtual machine to communicate with Substrate and EVM chains. — EVM & Wasm. — This also impacts the current Astar NFT ecosystem, as most of the big NFT projects on Astar live on Astars’ EVM layer, not the native Substrate chain. However, Ethereum’s virtual machine comes with a set of limitations, among others requiring developers to learn Solidity, a fairly new programming language. Astar believes that for a multichain future, a more sustainable approach to smart contract deve...




Paras and their expansion to Astar

On April 6th, we celebrated the launch of smart contracts 2.0 on Wasm day. One of the projects joining us for it was Paras. Paras has developed the first launchpad for Wasm NFTs featuring an innovative refunding NFT standard to ease the fear of losing one’s funds when minting. They also have successfully been accepted to our dApp staking program. But who is Paras anyway, you might wonder. In this post, you’ll learn all you need to know about Paras and their reasons to go multichain with Astar. What is Paras, and how did they get started? Paras is an NFT marketplace that was one of the first to launch on NEAR protocol. Riqi, the founder of Paras, first learned about blockchain in 2017 but felt that it wasn’t the right time to develop a dApp since most use cases focused on trading. 3 years later, however, with the emergence of non-trading dApps he decided to take the plunge and started building the first iteration of Paras. After conducting thorough research and interviewing digital artists, Paras has built a platform loved by artists and collectors alike. The marketplace first launched in Q3 2020, with sales growing by multiples ever since. Even 3 years later, Paras holds a 95% market share of NFT trading volumes on NEAR and has facilitated more than 900k transactions. Its API sees 2.5 million requests/day, and the platform has become much more than just an NFT marketplace. Now, Paras is a hub for digital artists, co...




JR Kyushu Railway Company To Launch NFTs on Astar Network To Boost Customer Engagement

The initiative will bring real-world utility to NFTs in Japan, enabling the railway operator to strengthen its customer relationships. Tokyo, Japan / May 11, 2023 / Kyushu Railway Company (JR Kyushu) — part of Japan’s largest rail network, the Japan Railway Group — announced today that it will issue NFTs on Astar Network, the multichain smart contract platform, in collaboration with P.R.O. Co., Ltd. As part of the Japanese railway operator infrastructure, JR Kyushu runs interrail services in Kyusuhu and various adjacent businesses such as hotels, restaurants, and drug stores. Annually, more than 331 million people use their services.Kyushu is the southernmost of Japan’s four main islands The JR Kyushu NFT project will kick off in July 2023 and provide riders with new ways to enjoy Kyushu while maintaining a holistic track record of their travel experience. To support their NFTs, the railway operator plans to utilize Japan’s most popular smart contract platform, Astar Network, for its low fees, high scalability, and the team’s deep understanding of the Japanese market. While NFTs are often considered primarily for trading and monetization of digital art, JR Kyushu aims to leverage the technology to provide visitors with memorabilia and proof of visiting, riding, and using their system.At Astar Network, we’re excited to see more real-life use cases of enterprises exploring and leveraging NFTs to build c...




Ledger Devices Now Support Native DApp Staking on Astar Network!

Today we are thrilled to announce that Ledger now supports native staking on Astar Network! This is a significant advancement for our community as it allows ASTR token holders with Ledger devices to engage with the network’s Build2Earn staking system and other dApps leveraging the Wasm runtime environment, while being able to enjoy the superior security features of Ledger hardware wallets. In 2022, support for Ledger devices on Astar and Shiden EVMs rolled out, enabling users to sign transactions and deploy or interact with smart contracts on the networks’ EVM layer. This development, coupled with Ledger’s ability to store private keys offline, provided an invaluable security option for both new crypto users and those with experience opting for the freedom of self-custody. This assurance of safety empowered users to confidently store larger amounts of ASTR and SDN as part of their portfolio. Today, we have taken another step forward by introducing native staking to the mix, enhancing the opportunities for participation in Astar’s web3 ecosystem. However, with increased control over assets comes added responsibility, necessitating appropriate storage of private keys. Cold storage on a Ledger wallet is an effective solution to this challenge, keeping your keys offline, in your possession, and shielded from potential software attacks, fault attacks, and even side-channel attacks. The Ledger has a remarkable track record...




  ASTR NEWS


Astar Makes History, Investors Celebrate 16% Price Hike – Here's M...

    Astar ( ASTR), a parachain on the Polkadot ecosystem, has been making waves recently, not with flamboyant pronouncements, but with solid numbers and genuine growth. Astar: A Community Blossoming Astar has made a historic achievement, boasting an impressive 650,000-strong community of ASTR enthusiasts, showcasing its growing appeal within the Web3 space. This isn't just passive fandom; a staggering 3.4 billion ASTR tokens, over 63% of the circulating supply, are staked within the ecosystem, demonstrating remarkable faith in the network's future. Astar isn't chasing fleeting trends; its focus is firmly on tangible applications. Partnerships with industry giants like Toyota and the Japanese Railway operator are concrete steps towards integratingblockchain into real-world systems. We've surpassed 650K Holders! With over 3.4 billion ASTR staked to projects! What are the key drivers to our growth, you ask? Easy! Various teams being incentivized to build on Astar have introduced some exciting new products, as well as activities for their supporters… pic.twitter.com/TxjrzhZYT0 — Astar Network (@AstarNetwork) January 17, 2024 DeStore Network revamps customer branding, SFY Labs crafts immersive gaming experiences, and Kekkai bolsters Web3 security – these are just a few examples of Astar's dApps actively bridging the gap between the theoretical and the practical. Steady Growth While ASTR enjoyed a 3.4% rise in the past 24 hours and a 15% surge over the week, it... read More



Astar Partners With Polygon to Target Japan's Web3 Boom With New Scaling...

    At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM, a new Ethereum layer two scaling solution utilizing zero-knowledge proof technology. The collaboration aims to drive greater adoption of Web3 applications in the Japanese market and beyond.Astar and Polygon Launch zkEVM for Japan's Web3 Rise The announcement details that the partnership combines Astar's experience working with major Japanese companies like Sony and Toyota with Polygon's highly scalable zk-powered infrastructure. Together, the teams plan to create an optimal platform for launching blockchain initiatives in Japan, where government leaders have voiced support for Web3 innovation. 'As it stands today, Asia is one of the most forward-thinking regions in the world when it comes to Web3 adoption, and we are delighted to help Japan’s blockchain sector grow even faster via our collaboration with Astar,' said Polygon co-founder Sandeep Nailwal about the new venture. Astar zkEVM aims to serve as a versatile solution for global enterprises looking to implement blockchain technology, acting as an entry point for international entertainment and gaming projects in Japan. The Ethereum L2 (layer two) system allows Astar to expand into the Ethereum ecosystem by incorporating advanced zero-knowledge proofs. Sota Watanabe, the founder of Astar Network, says this lowers barriers for developers and end-users and aligns with Astar's goal of driving m... read More



Astar Foundation Partners with NTT Digital to Create Web3 Training Progr...

    [PRESS RELEASE - Singapore, Singapore, July 12th, 2023] Astar Foundation, a group of builders behind Astar Network, the smart contract platform for multichain, is excited to announce a strategic Web3 partnership with NTT Digital. Astar Foundation is the main contributor and maintainer of the Astar source code and as a core contributor, has established a strong track record and works with an impressive network of applications and partners. Leveraging this expertise, Astar Foundation is committed to developing innovative products that will enable billions to enter web3 by working with NTT Digtial and Astar technology. NTT Digital, established by NTT DoCoMo, one of the largest Japanese telecommunications companies, is an entity dedicated to providing a safe and accessible environment for businesses as well as individuals looking to build in web3. This partnership will focus on the following two areas: Web3 Talent Both companies recognize that talent is a crucial factor hindering mass adoption. To address the growing demand for Web3 professionals, including engineers and business leaders, Astar Foundation and NTT Digital will collaborate to support individuals considering a career in the Web3 domain. Their initiatives will include skill development programs, offering opportunities to gain practical experience, and creating a collaborative community where web3 talent and companies can come together. Technical Infrastructure Enhancement: Web3 continues in a nascent stage while inno... read More



Astar Network CEO Sota Watanabe to Shed Light on Why Japan is Embracing ...

    [PRESS RELEASE - Tokyo, Japan, April 17th, 2023] Astar Network, a smart contracts platform for multichain, is delighted to announce that its Founder and CEO Sota Watanabe will be presenting at the prestigious Consensus 2023 event in Austin, Texas. He will be taking the stage on Thursday, April 27 at 11:00 - 11:30 CT. Sota Watanabe will be discussing why Japan is embracing crypto while regulators in other leading economies are struggling to figure out how to deal with crypto and Web3. He is a leading authority on the subject, having worked closely with the Japanese government in shaping the nation’s Web3 strategy. As lawmakers and regulators from the US to Europe to Asia express increased wariness of crypto, Web3 promotion remains part of Japan’s national strategy. An early mover in the field, Japan learned hard lessons from the 2014 Mt Gox collapse and the record 2018 Coincheck hack and its approach to regulation has mitigated the impact of FTX’s collapse on Japanese users. “I'm excited to join this group representing Japan’s crypto community to share insights with the Consensus community. Being a founder of the first public blockchain in Japan has led me to become involved in planning a national strategy to use digital assets and develop Web3 solutions. I want to bring those lessons to the US and other countries,” said Sota Watanabe, Founder of Astar Network. Today, the Japanese government has made Web3 a part of its national strategy and ... read More



Astar Network's ASTR Token Registered on JVCEA's 'Green List' After List...

    [PRESS RELEASE - Tokyo, Japan, April 7th, 2023] The Japan Virtual and Crypto Assets Exchange Association (JVCEA)’s Green List dramatically speeds up the token listing on member exchanges, accelerating adoption Astar Network, a smart contracts platform for multichain, officially announces the listing of its native ASTR token on Huobi Japan, which has now become the third crypto exchange in Japan to list ASTR after Bitbank and GMO Coin. Following this listing, the Japan Virtual and Crypto Assets Exchange Association (JVCEA) has registered the ASTR token on its ‘Green List.’ The JVCEA, a group of 31 crypto exchanges, introduced the Green List to speed up the listing on Japanese exchanges and boost crypto adoption in Japan. Previously, the JVCEA member exchanges had to go through a sluggish screening process for listing any cryptocurrency. The assets on the Green List aren’t subject to the screening process as they have already been rigorously screened by three or more member exchanges. Sota Watanabe, Founder of Astar Network, said, “Given that Astar has a significant presence in Japan and a lot of enterprises are entering Web3 with Astar, joining the Green List is a huge step not only for us but also for Japanese companies. It makes it much faster to list ASTR on other Japanese exchanges. We continue to work with regulators to utilize ASTR in Japan faster.” The ASTR token made it to the Green List after satisfying all the four requirements of ... read More



Polkadot's Astar Network Partners Tokyo's Shibuya to Support Web3 Strate...

    Polkadot's leading parachain and innovative hub, Astar Network, has partnered with Tokyo's special ward Shibuya to support the city's Web3 initiative. According to a press release sent to CryptoPotato, the partnership will see Astar and Shibuya team up to foster the development of Tokyo's Web3 strategy. Astar Network Partners Shibuya City As per the release, the alliance is the first between a Japanese blockchain firm and one of Tokyo's biggest and most densely populated wards. Shibuya, known as a major commercial and financial center, houses two of the world's busiest railway stations and one of Japan's best fashion districts. The ward is also the headquarter of the Japanese arm of the multinational technology company Google. Through the partnership, Astar will support Shibuya's Startup Support activities by hosting Web3-focused events, including educational programs and hackathons. Commenting on the partnership, Sota Watanabe, the CEO of Astar Foundation, said: 'Shibuya is the largest city for young people in Japan and the city of startups. It's known as Japan's Silicon Valley, or 'Bit Valley,' derived from a place in Shibuya???), combining Bitter (?) and Valley (?). We're honored to have opened our office in this tech hub and to have signed a basic agreement with the city to utilize web3.' Astar Fosters Web3 Growth in Japan Since its launch in January 2019, Astar Network has played a significant role in the growth and development of the Web3 space in Japan. As a blockcha... read More



Sony and Astar Network Launch Web3 Incubation Program for NFT and DAO-Fo...

    On Feb. 17, 2023, Tokyo-based Sony Network Communications announced that it is co-hosting a Web3 incubation program with the multichain smart contract platform Astar Network. The program has started accepting applications, and Sony and Astar will jointly mentor Web3 projects “focused on the utility” of non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs). Sony and Astar to Co-Host Web3 Incubation Program Sony Network Communications, a subsidiary of Japanese technology giant Sony Group, announced Friday that the company is exploring ways to address industry issues using blockchain and Web3 technology. A Web3 incubation program is planned for mid-March to mid-June with Astar Network and Singapore-based Startale Labs to bolster relevant Web3 solutions. Startale was founded by Astar Network CEO Sota Watanabe. The announcement sent to Bitcoin.com News states that Sony and the Astar Foundation will select '10 to 15 cohorts' from the applications. The program is open to anyone from around the world, and sessions will be hosted by venture capital companies such as Alchemy Ventures, Fenbushi Capital, and Dragonfly. In mid-June, Sony announced that an offline demo day will be held at Sony Group's headquarters in Tokyo during Japan Blockchain Week. “We are pleased to launch the Web3 incubation program with Sony Network Communications, one of the Sony Group’s companies, which has been involved in the NFT sector and other Web3 initiatives wi... read More



Sony Network and Astar Network to Co-Host a Web3 Incubation Program

    Sony Network Communications (a tech provider under the umbrella of the Sony Group) partnered with Polkadot's innovation hub - Astar Network - to present a Web3 Incubation Program. Users willing to join can apply until March 6, 2023.  Focusing on NFTs and DAOs  According to a document seen by CryptoPotato, the program will run from mid-March to mid-June, as people can apply from February 17 until March 6. The partners will review the inquiries and approve 10 to 15 users. Sony Network and Astar Network will also collaborate with Startale Labs to introduce the Web3 event, focusing on the utility of DAOs and NFTs. Sony Network has already started exploring the blockchain field, raising hopes the partnership will allow them to offer applicable Web3 solutions for consumers.  Sota Watanabe - CEO of Astar Network - said he is 'pleased' to participate in the initiative alongside a company with rich experience in the NFT sector. 'We hope to share the knowledge and resources of both organizations to provide value to the participants selected for the program and create new use cases and projects,' he added. The Web3 Incubation Program is open to people from all regions across the globe. It will roll out educational sessions with venture capital firms such as Fenbushi Capital, Dragonfly, Alchemy Ventures, and others.  Sony Network and Astar Network will provide necessary tech support, resources, and financial assistance to all project members. They will also ensure dir... read More



Toyota Taps Astar Network for Web3 Hackathon

    Japan’s largest conglomerate - Toyota Motor Corporation - will sponsor the world's first global Web3 hackathon. Polkadot's leading parachain, Astar Network, has been roped in to make Web3 use cases for Toyota’s employees. According to the official press release shared with CryptoPotato, the car giant is looking to embrace the Web3 space in a bid to improve the company's operations. The latest online hackathon is expected to serve as an initial step in the process. Toyota - Astar Web3 Hackathon As part of the event, developers from around the world are invited. The theme will be to build an intra-company DAO support tool on the Astar Network to enable anyone to create teams, issue governance tokens, and vote without requiring them to understand the details of Web3. While the multinational automotive manufacturer could use the tools developed during the hackathon for operational transparency and efficiency purposes. Astar Network, on the other hand, will offer the necessary environment for devs and will be tasked with product development support. Both Astar Network and Toyota said they believe they can manage projects as DAO, where the decision-making is distributed among participants. Following the announcement, Sota Watanabe, the Founder of Astar Network, noted that blockchain integrations in cars will transpire in the near future. The exec also said that even though the industry is still at an exploratory stage, he is 'very excited about the various possibilities... read More



Polkadot's Astar Network Introduces XVM Functionality to Boost Multichai...

    Astar Network - a smart contract innovation hub that connects the Polkadot ecosystem to all Layer 1 blockchains - launched its Cross-Virtual Machine (XVM) on the public testnet Shibuya.  It enables projects building on Astar to interact with other smart contract ecosystems, including the WebAssembly (WASM) and Ethereum Virtual Machine (EVM). Enter the XVM According to a document seen by CryptoPotato, Astar Network launched the first major product part of its 2023 strategy - the Cross-Virtual Machine (XVM).  The feature is a set of interfaces and a custom pallet that allows smart contracts from one virtual machine to engage with others. The XVM can conduct bi-directional calls between WASM and EVM, regardless of the programming languages the virtual machines employ. Speaking on the development was Hoon Kim - Chief Technology Officer at Astar Network: 'We've been working hard to create the foundation of the future, regardless of outside influences that are happening now. And today, I am proud to introduce one of our most important features to achieve the Astar Vision; the Cross-Virtual Machine (XVM). It will be the start of the next wave of innovation for dApps. Astar will not only have interoperability through XCM (Cross-chain Messaging) with other parachains but also have interoperability between different smart contract environments.' The XVM enables developers to explore numerous contract environments instead of having just one choice. They are also able to build ... read More



Astar Network CEO: Webassembly Smart Contracts Are Going to 'Pull a Lot ...

    Ethereum is almost universally credited for kickstarting the Web3 revolution after it brought to life the concept of smart contracts. However, some in the Web3 community, like Astar Network's Sota Watanabe, believe the protocol cannot 'build the innovative future of blockchain alone.' In addition, some critics point to the language obstacle which they argue makes the Ethereum Virtual Machine (EVM) a less-than-ideal place to build.Webassembly Smart Contracts 'Will Accelerate the Adoption of Web3' It is this and other limitations of the EVM that led to the creation of an alternative known as Webassembly (WASM). This alternative is said to be a virtual machine of choice for developers, engineers and academics that are frustrated with the EVM. According to Watanabe, for Web2 developers that want to migrate to Web3, WASM seems like a logical choice because it 'supports a wide range of languages with native performance and high portability.' To learn more about WASM, Bitcoin.com News reached out to Sota Watanabe, the CEO of Astar Network, a multichain smart contracts platform. In his written responses to questions sent, the Astar Network CEO offered his thoughts on Webassembly and the role it will play in accelerating the adoption of Web3. Watanabe also explained why Astar Network is supporting both the EVM and WASM. Below are Watanabe's responses to questions sent to him via Whatsapp. Bitcoin.com News (BCN): In very simple terms, can you explain to our readers what the WASM is all... read More



Astar Network Partners Acala to Boost DeFi on Polkadot

    Polkadot’s innovation hub Astar Network has partnered with DeFi network Acala to boost decentralized finance (DeFi) by unlocking new opportunities and rewards for developers in the Polkadot ecosystem.  The two entities have joined forces to launch a new DeFi program dubbed “Astar x Acala DeFi Rising.”  The DeFi Rising Program According to a press release seen by CryptoPotato, the program will allow developers to build apps on Astar’s dApp ecosystem while leveraging Acala’s suite of DeFi products, including deep liquidity from native assets such as aUSD, LDOT, and ACA. Developers will also receive rewards from Astar ecosystem teams.  In addition, projects that create utility for aUSD on Astar can receive funding from Acala’s $250 million aUSD Ecosystem Fund and Astar’s SpaceLabs program.  As per the release, the $250 million aUSD Ecosystem Fund was launched to support early-start startups building dapps with a stablecoin utility on any Polkadot or Kusama parachain.  First Campaign From Two Major Polkadot Parachains Acala is a DeFi network that provides financial products such as native tokens and liquid staking on Polkadot. The platform powers aUSD, the first native stablecoin on the Polkadot network. On the other hand, Astar Network is an innovative hub for multichain smart contracts. The platform enables developers to build dApps with EVM and WASM while offering them interoperability through its cross-consens... read More



Polkadot-based gateway Astar Network now supported on blockchain develop...

    Alchemy, a blockchain development platform, announced it now supports Polkadot parachain Astar Network, delivering developers more tools and services to build on the multi-chain smart contract hub. “Supporting the developer ecosystem is Astar’s driving motivation. By partnering with Alchemy and making their blockchain engine available to Astar developers, we will bring even more innovation and growth to the builder community.” - Sota Watanabe, Founder & CEO, Astar Network EVM Compatibility + WASM Functionality Astar is built on Parity Substrate, a framework that facilitates easy custom blockchain development. Substrate offers Astar built-in security benefits while it enables the Polkadot ecosystem to connect to all major layer-1 blockchains, including Ethereum, Acala, and soon Cosmos. By bridging the Polkadot and EVM webs, Astar fosters shared security, interoperability, and cross-consensus messaging (XCM), expanding the benefits past cross-chain asset transfers. It is through these advantages, Astar aims to become a hub of inventive and interoperable dApp projects, written in various languages. Beyond EVM compatibility, Astar is looking to the future with WASM. Often dubbed Ethereum 2.0, WASM, (short for WebAssembly), is a binary instruction format for a stack-based virtual machine, that supports the benefits of EVM while providing enhanced speed and interoperability. Astar’s support for both EVM and WASM also means developers can build on either Soli... read More



DIA is the First Oracle to Integrate with Astar Network

    DIA is the first oracle provider to integrate its oracle infrastructure with the Astar Network, running on the Polkadot Relaychain. The oracle deployment will facilitate DeFi applications on Astar to easily connect to the outside world data. The open-source data provider DIA announced today the integration of its decentralized oracle infrastructure with the Astar Network, running on the Polkadot Relaychain. This oracle deployment will facilitate DeFi applications on Astar to easily connect to the outside world data via DIA’s trusted oracles. Astar Network, previously known as Plasm, is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2 solutions like ZK Rollups. Astar Network won the 3rd Polkadot parachain auction on December 2, 2021, and onboarded to the Polkadot Relay Chain on December 18, 2021. As the Polkadot Relay Chain doesn’t support smart contracts, Astar is working to provide a solution for all developers by parachain where EVM and WebAssembly smart contracts can co-exist and communicate with each other. Thanks to Astar’s Ethereum and WebAssembly compatibility, DeFi applications can seamlessly be deployed on Astar’s parachain, where DIA will be able to feed them with accurate and transparent market data. DIA’s price feed oracles will fuel a range of use cases, such as lending and borrowing protocols, stablecoins, staking rewards and many more. To build the data feeds, DIA simultaneously aggregates price data at a ver... read More



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