Astar Network Unveils ‘Astar 2.0 Vision’ to Drive Web3 Adoption

Astar Network Unveils ‘Astar 2.0 Vision’ to Drive Web3 Adoption

Astar Network, the multichain smart contract platform, has introduced its ‘Astar 2.0 Vision‘ to facilitate the widespread adoption of Web3 by billions of users. With increasing interest from developers in scalable, secure, and interoperable base layers, Astar Network aims to position itself as the preferred Layer-1 blockchain by providing developers with the necessary tools, resources, and support to build unstoppable decentralized applications (dApps).

The ‘Astar 2.0 Vision’ sets the long-term direction for the rapidly-growing Astar ecosystem, aligning tokenomics, organizational structure, and technological pillars to empower billions of people worldwide through Web3 innovations.

Astar Network will revamp its tokenomics to support the long-term vision, while the Astar Foundation will ensure the network’s sustainability for the future. The foundation actively engages with the community through forums to gain valuable insights.

By connecting fragmented layers of the blockchain industry, Astar Link enables developers to create limitless solutions with customizable options and tailor-made SDKs. It unlocks diverse use cases, ranging from gaming to enterprise, by linking different ecosystems together.

Startale Labs, the enterprise arm, focuses on Web3 infrastructure and aims to drive the widespread adoption of Web3 technologies in Japan by building innovative products.

The Astar Foundation currently contributes to and maintains the Astar Network Source Code. It deploys resources to expand the network through partnerships, community activities, developer hiring, project funding, and other initiatives.

The formation of the Astar DAO is underway, with active collaboration with the community in Community Forums. The DAO aims to create an unstoppable network by embracing decentralization and empowering the community with governance. Astar Network can be used anywhere to improve communities.

To enhance the developer experience and enable the creation of unstoppable dApps, Astar focuses on two pillars of technology:

1. Cross-chain applications: Astar supports both EVM and WebAssembly (WASM) environments, ensuring interoperability between them through a Cross-Virtual Machine (XVM). Smart contracts can seamlessly function across different blockchains, providing scalability and more options.
2. DApp staking: Improved tokenomics incentivize builders and stakers through dApp staking. The Build2Earn program empowers developers by allowing them to earn through a dApp staking mechanism for the dApps they build. Network users can stake their tokens to support their favorite projects.

Astar will deliver on its Web3 promises with upcoming updates in the middle of Q3. The aim is to have a significant impact on the Web3 universe, bringing Astar technology and vision to the masses, similar to a supernova’s impact on the universe.

Interested developers and users can explore the Astar 2.0 Vision for more details. Notably, leading Japanese corporations, including Toyota Motor Corporation and Sony Network Communications, have shown strong belief in Astar’s vision and its execution capabilities.

Sota Watanabe, the Founder of Astar Network, expressed his determination to unlock Web3 for billions, with each aspect of Astar 2.0 being shaped and improved to ensure the sustainable long-term growth of the network.

Astar Network is Japan’s leading Layer-1 blockchain and has been voted the most popular blockchain in the country by the Japanese Blockchain Association. It serves as the go-to blockchain for developers and enterprises exploring the Japanese Web3 space, becoming the first public blockchain from Japan to be listed despite strict listing regulations. The native token, ASTR, is registered as a cryptocurrency, not a security, by the Japanese government.