Bware Labs is an infrastructure company aiming to power Web3 development and become the next public cloud for blockchain products.
From decentralized blockchain API access provided through Blast , to professional staking, snapshot services, appchain development and many others, Bware Labs is a one-stop-shop solution provider addressing all Web3 builders.
They are backed by notorious VC funds, such as Blizzard (Avalanche Investment Fund), Spartan Group, Hypersphere, Morningstar Ventures, Figment, Woodstock, Ascensive Assets, and many others.
The company is based in Bucharest, Romania, and their team size is 52 people mostly located in Bucharest, with members in Cluj-Napoca, Tokyo, Bangkok, and Amsterdam.
INFRA provides the base for Blast's staking and delegation mechanism, described in detail here.
With the main role of incentivizing node operators, the $INFRA token will allow Blast to achieve decentralization and become permissionless. The only factors required to join Blast Protocol as a company or individual professional are performance, reliability, and security.
INFRA will incentivize running blockchain nodes on all Blast supported networks, reallocate unused server resources to reduce Web3 energy consumption, decrease infrastructure costs for Blast users, and foster blockchain technology mass adoption.
The maximum supply of this token is capped at 100,000,000 and is expected to be fully vested by May 2028, under the following schedule: