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CasperLabs appoints Saxon Advisors as its lead advisor
CasperLabs appoints Saxon Advisors as its lead advisor
Company Information

CasperLabs is building a decentralized blockchain and smart contracting platform that scales for real-world usage and simplifies experiences for developers and end-users. Building toward blockchain's next frontier, CasperLabs is designed for real-world applications without sacrificing usability, cost, decentralization, or security. CasperLabs removes the barriers that prevent mainstream blockchain adoption by making blockchain friendly to use, open to the world, and future-proof to support next gen blockchain innovations. The project is guided by opensource principles and built from the ground up to provide long lasting impact. Casper protocol provides scalability through the CBC Casper proof-of-stake consensus model. The company has raised a total of $14.5m from Consensus Capital, XRP Capital, Blockchange, HashKey and numerous other leading investors.


Traction

Since launching their testnet at the end of March 2020, CasperLabs has successfully onboarded over 22 community validator nodes, which includes some of the most highly regarded staking pools in the industry. The team has also integrated Chainlink to bring protocol level use of decentralized oracles to stabalise transaction fees. In order to grow the ecosystem, they are bringing builders to the platform through a global accelerator network, which includes CV Labs, Plug and Play, TechStars and more than 300 startups in the pipeline.
Ultan Miller, Managing Partner at Saxon Advisors, said:

"The race to scale TPS has led many teams to compromise decentralisation and network security, but not Casper Labs. They are true to blockchain's core principles, yet business realists - a rare and winning combination.

We're delighted to work with Mrinal and his team on their Validator Offering and are excited to see the network take shape and offer developers and businesses a viable alternative to the more established (and often flawed) layer one offerings on the market."
Interested in learning more about Casper Labs?

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