AltLayer is a system of several optimistic rollup-like execution layers called flash layers with a novel innovation that makes them disposable and therefore highly resource-optimized. It has a near-instant time to finality of less than 2 seconds and ultra-low gas fees of less than $0.011. AltLayer also offers flash layering with 20, TPS (for 10 layers) and multi VM support (EVM/WASM).
According to Similarweb data of monthly visits, altlayer.io’s top competitor in March 2023 is zkga.me with 8.8K visits. Altlayer.io’s top 5 competitors in March 2023 are: zkga.me, blockchainreporter.net, blockdata.tech, icodrops.com.
AltLayer closed its last funding round on Jul 4, 2022 from a Seed round. Alternatives and possible competitors to AltLayer may include Genesis Digital Assets , Cobo , and Diginex.
Location: Singapore
Total raised: $14.4M
Investors 6
| Date | Name | Website |
| - | factor | f.actor |
| 11.06.2023 | Breyer Cap... | breyercapi... |
| 09.02.2024 | B1V | bas1s.vent... |
| - | WAGMI Vent... | wagmiventu... |
| - | Bodhi Vent... | bodhi.vent... |
| 03.03.2023 | Jump Crypt... | jumpcrypto... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 21.02.2024 | - | $14.4M | - |
Mentions in press and media 6
| Date | Title | Description | Source |
| 04.04.2024 | Xterio to Launch Gaming-Oriented Blockchain in Collaboration... | Singapore, Singapore, April 4th, 2024, Chainwire Xterio, a leading Web3 gaming publisher and platfor... | finsmes.co... |
| 21.02.2024 | AltLayer Raises USD14.4M in Funding | AltLayer, a Singapore-based provider of a platform for rollups, raised USD14.4M in funding. The roun... | finsmes.co... |
| 19.04.2023 | Binance Labs открывает двери потенциальным проектам в мире W... | Криптовалюты и блокчейн-технологии продолжают быстро развиваться, предлагая новые возможности для ин... | vc.ru/fina... |
| 01.07.2022 | Ethereum co-founder, A16z former GP back SG crypto firm’s $7... | CryptoInvestmentsNewsStartups Aditya Hadi Pratama · 4 Jul 2022 · 1 min readEthereum co-founder, A16z... | techinasia... |
| - | AltLayer | “AltLayer, Restaked Rollups, Rollups-as-a-Service” | fastfounde... |
| - | AltLayer | “A decentralized interlayer for rollups” | fastfounde... |