What is Everscale (EVER)

1. Project Introduction
Everscale is a fifth-generation Layer-1 (L1) blockchain with an open-source, unique architecture. It is built on the Telegram Open Network (TON) architecture and operates as a highly scalable, proof-of-stake blockchain network, utilizing sharding for computational and storage scalability. Everscale is a decentralized global blockchain network powered by Ever OS, a distributed operating system that claims to handle millions of transactions per second (TPS). Everscale offers a suite of development tools that enable the building, deployment, decentralization, and scaling of projects on the network. EVER is the native utility token of the Everscale network, used for various purposes such as paying transaction fees, bridging ecosystems, executing swaps, staking, and participating in governance. It plays a crucial role in driving interaction between users and decentralized applications (dApps) on the platform, contributing to the network's growth and development.
2. Team & Investment Info
Team: Details not publicly disclosed. Zackery Cheng mentioned during an AMA that the project was developed by members of the Free TON community.
Funding: In January 2023, Everscale secured $5 million in strategic investment from Venom Ventures Fund. This investment aims to boost Everscale's presence and recognition in Asia while hiring more specialized blockchain engineers.
3. Social Media URLs
X: https://twitter.com/Everscale_net
telegram: https://t.me/EVERSCALE_comm
Discord: https://discord.gg/everscale
4. Token Info
Token Symbol: EVER
Total Supply: 2,117,524,486 EVER
Token Type: ERC-20
Issuance/Burn Mechanism: Dynamic mechanism
Contract Address: 0x1ffefd8036409cb6d652bd610de465933b226917
BNB: 0x1ffefd8036409cb6d652bd610de465933b226917
Token Distribution:
85% allocated to the referral treasury to incentivize early participants and supporters
10% allocated to the developer treasury to support ongoing development and maintenance
For more details, refer to the white paper: https://docs.everscale.network/
5. Related Links
Official Website: https://everscale.network/
GitHub: https://github.com/tonlabs
Linkedin: https://www.linkedin.com/company/everscale-net/
Blog: https://blog.everscale.network/
DefiLlama: https://defillama.com/chain/Everscale
Other Info: https://www.rootdata.com/Projects/detail/Everscale?k=NjA2