What is Casper (CSPR)

1. Project Introduction
Casper is an open-source, proof-of-stake (PoS) blockchain network built upon the CBC (Correct-by-Construction) Casper specification, originally developed by early Ethereum contributors. Designed with enterprises and developers in mind, the Casper Network is optimized for scalability and security while maintaining decentralization and high throughput. It offers unique features such as upgradable smart contracts, predictable network fees, flexible privacy settings, on-chain governance, and developer-friendly programming languages, addressing key challenges in blockchain adoption.
2. Team & Investment Info
Mrinal Manohar – Co-founder & CEO, formerly an Associate at Bain Capital and Bain & Company. Holds a master’s degree from Carnegie Mellon University and has been coding since the age of 11.
Michael Steuer – CTO, former CTO at MAKE and founder of AI Learning Ecosystem. Previously served as CTO at Playsino, co-founder/CTO at Subtextual, and VP of Games at Twistbox Entertainment, Inc.
Matt Schaffnit – CFO & COO, advisor at Virtual Enterprises International, Inc. Formerly COO/CFO at LendItApp, VP at Annaly Capital Management, and Senior Auditor at Deloitte & Touche.
Funding:
March 26, 2021: Casper raised $12M in a public token sale.
October 21, 2020: CasperLabs secured $14M in a private funding round led by Digital Strategies, with participation from ZB.com/ZB Global, Gate.io, Consensus Capital, Cluster Capital, HashKey Capital, AU21 Capital, Blockchange Ventures, GSR, QCP/QSN, Shimu Capital, Stake.Fish, Chain Capital, Sora Capital, Wavemaker, Ropart Asset Management, Waterdrop Capital, AGE Fund, Woodstock Fund, and other institutional and individual investors.
September 2019: CasperLabs raised $14.5M in a Series A round led by Terren Piezer, with contributions from Consensus Capital, Axiom Holdings Group, Digital Strategies, MW Partners, and others.
3. Social Media URLs
X: https://x.com/Casper_Network
Telegram: https://t.me/casperblockchain
Discord: https://discord.com/invite/caspernetwork
YouTube: https://www.youtube.com/c/CasperNetwork
4. Token Info
Token Symbol: CSPR
Total Supply: 12,986,834,328
Token Type: Casper Mainnet
Issuance/Burn Mechanism: Inflationary model
Block Explorer: https://cspr.live/
Token Distribution:
Total Initial Supply: 10 billion CSPR
Annual Inflation Rate: 2%–7%
Allocation:
CasperLabs: 10%
Team: 8%
Advisors: 6%
CoinList Public Sale: 16%
Casper Nonprofit Organization: 14.3%
Validator Sale Round 1: 19.5%
Validator Sale Round 2: 10.3%
Developer Incentives: 16%
5. Related Links
Official Website: https://www.casper.network/
White Paper: https://www.casper.network/casper-whitepaper
GitHub: https://github.com/casper-network/
LinkedIn: https://www.linkedin.com/company/casper/
Other Info: https://www.rootdata.com/Projects/detail/Casper?k=MjYx