MAP Protocol company info

What does MAP Protocol do?
MAP Protocol (CRYPTO:MAP) is a next-generation omnichain layer for Web3 dApps that enables seamless cross-chain communication and asset transfer. MAP Protocol is built on a 100% Nakamoto Style consensus mechanism, ensuring high security and decentralization. MAP Protocol operates a network of light clients and zero-knowledge (ZK) proofs to facilitate cross-chain communication and asset transfer. Light clients allow MAP Protocol to verify the state of other blockchains without having to download and process the entire blockchain history. ZK proofs allow MAP Protocol to prove that cross-chain transactions are valid without revealing any sensitive information about the transactions. MAP Protocol is currently working on a number of projects, including Cosmos integration, EVM integration, and a multichain SDK. Cosmos integration is already complete, and EVM integration is underway. The multichain SDK is still under development, but it is expected to be released in the near future. MAP Protocol's objective is to provide a secure, decentralized, and user-friendly omnichain layer for Web3 dApps. MAP Protocol believes that cross-chain communication and asset transfer are essential for the growth and adoption of Web3, and the team is committed to building the best possible omnichain platform. MAP Protocol is a promising new project with a strong team and a clear vision. The project is still under development, but it has already made significant progress. MAP Protocol is well-positioned to become a major player in the omnichain space.
MAP Protocol company media
Company Snapshot

How many people does MAP Protocol employ?

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Employees
20-30

What is the market cap for MAP Protocol?

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Market Cap
$71.29M

Where is the head office for MAP Protocol?

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Head Office
San Francisco, California

What year was MAP Protocol founded?

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Year Founded
2019
What does MAP Protocol specialise in?
/Bitcoin Ecosystem /Interoperability

What are the products and/or services of MAP Protocol?

Overview of MAP Protocol offerings
Cross-chain asset transfer: MAP Protocol allows users to transfer assets seamlessly between different blockchains. This is done using a combination of light clients and zero-knowledge (ZK) proofs.
Cross-chain communication: MAP Protocol enables dApps to communicate with each other on different blockchains. This is done by providing a secure and decentralized messaging layer.
Multichain computation: MAP Protocol provides a multichain computation solution that allows dApps to perform computations on multiple blockchains.
Multichain data storage: MAP Protocol provides a multichain data storage solution that allows dApps to store data on multiple blockchains.
Multichain identity management: MAP Protocol provides a multichain identity management solution that allows users to manage their identities across different blockchains.
Multichain security: MAP Protocol provides a multichain security solution that helps dApps to protect themselves from attacks.