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IRISnet

IRIS

  • Layer1
  • Infra
Headquarter
Chinese Mainland
Operating Status
Active
IRISnet is a blockchain network built on the Cosmos SDK, giving it great interoperability within the Cosmos ecosystem through the IBC protocol (Inter-Blockchain Communication Protocol). It is designed to be a foundation for next-generation decentralized applications. IRISnet is aiming to become an infrastructure layer for end-user services and applications. To achieve this, the project IRIShub, the first blockchain on IRISnet, is designed to enable as many business scenarios (NFTs, Coinswaps) as possible.

Organisation

Team

Financial Portfolio

Investment

Uptick Network
Uptick Network
Seed
N/A

Frequently Asked Questions

What Is IRISnet (IRIS)?

IRISnet is a service protocol and cryptocurrency, which was officially launched on Mar. 1, 2019. The primary purpose of the IRISnet protocol is to provide a [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain)-based, open network to small and medium businesses that are offering a wide variety of services. According to the official [IRISnet Whitepaper](https://github.com/irisnet/irisnet/blob/master/WHITEPAPER.md#iris-overview), the protocol aims to employ different public and consortium blockchains to bring the power of decentralized, open networks to thousands of businesses and freelance service providers. Interestingly, IRISnet was named after Iris, the personification of the rainbow and the messenger of the Gods in Greek mythology.