What is Everclear (NEXT)

Learned by 2.5k usersPublished on 2024.03.29Last updated on 2025.01.26

0.06

+6.22%

  • Last Price0.06
  • All-Time High13.48
  • Total Supply1.00B
  • Turnover (24h)170.00K
  • All-Time Low0.02

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Everclear (formerly known as Connext) is a new infrastructure for chain abstraction stacks. The protocol's interoperability allows developers to easily build applications that offer enhanced user experiences, enabling seamless data flow across different blockchains without relying on rollups, sidechains, or other scaling methods. Everclear aims to achieve efficient transaction settlement and global liquidity for cross-chain settlements through intent protocols, a solver network, modular blockchains, and dApp integration.
Summary: Everclear addresses the fragmentation issue of modular blockchains, providing an efficient and optimized solution, making it an essential tool for Web3 developers and users.
2. Team & Investment Info
Everclear is led by a team of experienced and innovative professionals, with core members having extensive backgrounds in blockchain and entrepreneurship.
Arjun Bhuptani: CEO and co-founder, recognized as one of Forbes' "30 Under 30 in Finance," co-founder of Moloch DAO, and recipient of an ETH donation from Vitalik Buterin.
Layne Haber: Co-founder and also a Forbes "30 Under 30" honoree, previously CEO of health tech company Arctica Health, focusing on developing deep learning algorithms for predictive and preventive healthcare applications.
Sarah Brooks: COO with experience as Head of Research Operations at Polychain Capital and held senior roles at several firms in Silicon Valley.
Rahul Sethuram: CTO who held significant technical roles at ColorTokens, Tip'd Off, and Tesla, and worked as a research assistant at NASA prior to joining Everclear.
Funding: Since its inception, Everclear has successfully raised $21 million, attracting support from leading global investment firms. The seed round was led by Polychain Capital, 1k(x), Huobi Labs, Monta Vista Capital, ConsenSys, Hashed, Kenetic Capital, among others. The Series A round garnered investment from prominent institutions like Edge & Node (The Graph), A_Capital, eGirlCapital, Coinbase, OKX, Polygon, p2p, Ethereal Ventures, Chorus One, BlockDaemon, and zkSync.
3. Social Media URLs
X: https://x.com/Everclearorg
Discord: https://discord.com/invite/everclear
4. Token Info
Token Symbol: NEXT
Total Supply: 1,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xfe67a4450907459c3e1fff623aa927dd4e28c67a
Token Distribution:
Early Backers: 22.43%
Ecosystem and Strategic Backers: 11.24%
Early Team and Advisors: 11.61%
Proxima Labs: 3.78%
Community: 50.94%
5. Related Links
Official Website: https://www.everclear.org/
GitHub: https://github.com/connext
Other Info: https://docs.everclear.org/

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