Dymension CEO says mainnet is ‘very close’ and anticipates rollapp summer like ICO boom | Headlines | News | CoinMarketCap

01/25/2024 23:50
Dymension CEO says mainnet is ‘very close’ and anticipates rollapp summer like ICO boom | Headlines | News | CoinMarketCap

In late 2017, there was an explosion of tokens on the Ethereum network fueled by a token funding mechanism called ICOs. This summer, Dymension CEO …

In late 2017, there was an explosion of tokens on the Ethereum network fueled by a token funding mechanism called ICOs. This summer, Dymension CEO Yishay Harel is hoping that there will be a similar flurry, but with new blockchains instead.

Harel pointed to the number of projects being built on Dymension. "It kind of reminds me of a summer. Like a DeFi summer, or the token summer that we had in 2018 with the ICO, the NFTs. And now we're going to see a rollapp summer where building your own chain is not something challenging."

Dymension is currently in testnet form but its mainnet is “very close,” Harel, who started working in crypto in 2016 and had a stint at crypto exchange Kraken, said. The network has already allocated tokens to more than 500,000 addresses, which will be claimable …

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