Company Research Report: Agoric Systems Operating Company



Company Overview



  • Name: Agoric Systems Operating Company

  • Mission: Orchestrating the Web3 Economy by building feature-rich applications that seamlessly manage assets and services across multiple blockchains.

  • Founded: No information is available.

  • Founders: No information is available.

  • Key People:

  • Dean Tribble, Chief Executive Officer

  • Michael Jablon, Chief Operating Officer

  • Mark S. Miller, Chief Scientist

  • Bill Tulloh, Economist

  • Brian Warner, Engineering Lead

  • Ivan Leichtling, VP of Engineering

  • Iulia Mihailescu, VP of Marketing

  • Rowland Graus, Director of Product

  • Josh Downer, General Counsel

  • Santiago Semino, Director of Marketing

  • Headquarters: No information is available.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Notable For: Agoric is known for its JavaScript-native smart contract platform, enabling developers to create decentralized applications that unify the Web3 experience, overcoming complexities of cross-chain interactions.


Products



  • Orchestration API:

  • Description: This product allows developers to manage complex asynchronous cross-chain workflows, streamlining interactions between blockchains in the Cosmos ecosystem.

  • Key Features:

  • Async & Multi-Block execution for long-lived processes across chains.

  • Timers for autonomous future actions.

  • Interoperability with native IBC and Axelar GMP support.

  • Facilitates seamless user experiences with a growing number of connected chains and services.


  • BLD (Native Token):

  • Description: A token used for staking, voting, creating wallets, and paying transaction fees on Agoric.

  • Key Features:

  • Supports network security through staking.

  • Allows participation in governance.

  • Rewards issuance via Inter Protocol.


  • IST (Stable Token):

  • Description: A decentralized, risk-managed, over-collateralized stable token issued by Inter Protocol.

  • Key Features:

  • Can be used to pay for gas fees.

  • Facilitates minting and vault applications across chains.


Recent Developments



  • Recent Developments:

  • Agoric's Orchestration API launched on mainnet, allowing developers to build applications that manage cross-chain operations seamlessly.

  • Upgrade 17 brought performance improvements to the Orchestration API, enhancing cross-chain transaction management and automated multi-step operations.


  • New Products and Features:

  • Fast USDC was introduced, allowing rapid cross-chain transfers from Ethereum to Cosmos under 2 minutes.

  • Long Lived Smart Contracts now available, offering persistent and autonomous operations across multiple blockchains.


  • Partnerships:

  • Elys Network integrated the Agoric Orchestration API to enhance multi-chain DeFi capabilities, offering improved cross-chain liquidity management and staking opportunities.


This report provides a condensed view of Agoric Systems Operating Company's current standing, innovations, and its ongoing efforts to simplify blockchain interactions through their Orchestration API and smart contract solutions.