Introducing Figment and the special features of this project

Overview of the Figment . project

What is the Figment Project?

Introducing Figment and the special features of this project

Figment is the largest blockchain infrastructure and software provider, based in Canada. The project's mission is to simplify the process of using, building and administering blockchains for token holders, developers, and other parties who also participate in the network. 

To do this, the project team provides a comprehensive set of tools and services, including enterprise-grade staking and node infrastructure, the Hubble Web 3 browser, and DataHub (developer of APIs). ). With such an approach, users can easily use Web 3.0, as well as discover and build decentralized applications on the blockchain.

Highlights of the Figment . project

Figment provides token holders with protocols by which they can securely stake tokens and earn interest, and contribute to that token's network.

Figment products can be accessed by everyone in the market, including: 

  • Venture capital institutions and founding teams
  • Wallets, Exchanges and Trustees
  • Family office and property management
  • Traditional financial and asset managers.

There are more than 50 staking protocols supported by Figment, including Celo, Cosmos, Terra, Near, Polkadot, Solana, Mina, The Graph…

Introducing Figment and the special features of this project

With Figment, developers will be provided with the tools to develop on Web 3.0. Plus, they can use the blockchain's most powerful features at no cost:

  • DataHub takes the hassle out of operating infrastructure so developers can focus on building and growing their projects. 
  • Figment's API suite will support sending transactions and performing on-chain read queries.
  • Figment provides a variety of APIs that enable developers to unlock the unique features and properties of Web 3.0 protocols. 

By joining the Figment platform, users can explore and understand more about Web 3.0 . In addition, the physical infrastructure of the project is combined with a network of public and private sentry nodes on Amazon Web Services, Google Cloud, OVHcloud, Digital Ocean and other cloud computing platforms, by how to connect directly to VPN backup as well as connect to other cloud products through VPNs.

Introducing Figment and the special features of this project

Products of Figment

To serve the staking process, Figment has 2 services, namely Custody and Figment Prime.

Custody

When staking on Figment, investors' tokens will be safe. Figment custodian partners will securely secure tokens, while providing a seamless experience and peace of mind for users. Meanwhile, the platform still provides the ability to generate staking profits as well as the opportunity to participate in the network governance process for investors. 

Suitable subjects to participate in Custody at Figment are institutions, venture capital firms, owners of large amounts of tokens and trustees.

Figment Prime

Prime provides a group of off-chain and on-chain services to the largest token holders on the PoS network.

To support large token holders as well as institutions, Prime offers: 

  • Asset portfolio management interface
  • Reward report files (tax compliant and user can export this file)
  • Industry-leading SLAs
  • Discounted fees (depending on quantity and time)
  • Advanced support services (including 24/7 dedicated Telegram or Slack support)
  • Monthly informative calls with technical team and analysts
  • Access to Figment .'s internal validation tools and libraries
  • Some other perks.

Figment Prime's audience includes venture capital funds, exchanges, hedge funds, hedgers as well as trustees.

Introducing Figment and the special features of this project

To assist developers in the construction process, Figment has launched 3 products: DataHub, Transaction Search API and Staking API.

DataHub

DataHub allows developers to use the most powerful and unique features of the blockchain without having to be too knowledgeable about the protocol. Thanks to DataHub, developers can now access Web 3.0 protocols through enterprise-grade infrastructure. From there, the development team can focus on what they do best, which is building great products. 

In addition, with Figment, users can confidently access the RPC APIs and REST APIs of supported protocols for both the official network as well as the latest test network. As a result, developers can safely test and deploy their products. 

DataHub users include Dapp developers, data providers, wallets, exchanges, custodians, and staking-based services.

Introducing Figment and the special features of this project

The benefits DataHub brings to users:

  • Trusted access to network APIs
  • Ability to send transactions on-chain
  • Easy integration
  • High quality support service
  • Limit maintenance
  • Enterprise-grade infrastructure.

Transaction Search API

Users can filter transactions by account, transaction type, memo field, smart contract address, and date range. This gives the same flexibility as when dealing with Web 2.0 data. Developers can also query events on the protocol such as upcoming blocks and transactions, and can then filter by block height, by action, etc. That means customers no matter the size. (from small app developers to exchanges and custodians) can take advantage of the above feature to provide their users with transaction history as well as create special triggers based on incoming and outgoing transactions. 

Benefits that Transaction Search API brings: 

  • Leader in performance, scalability and availability: Transaction Search is designed with 99.9% uptime with strong data endurance so users can always execute transactions and events whenever they need it, even when the protocol has high latency. 
  • Flexibility: Transaction Search is designed with the needs of developers in mind. 
  • Developing standardization across protocols: Transaction Search is a JSON API. Therefore, users can easily manipulate when using this product, as well as integrate it into their Dapp. 

Staking API

DataHub's Staking Indexer allows developers to query and display all data related to staking. Users can query all validator data, such as the active validator group, certain validator performance or events, and the amount of stakes they are entrusted with. 

Developers can also query staking rewards by account, by date range, and by original validator. As such, customers of all sizes (from small app developers to exchanges and custodians) can securely deploy staking-enabled products to their users.

The advantages of this product are:

  • Leading the way in performance, scalability and availability: The project team designed the Staking Indexer with 99.9% uptime and high data durability to always have staking data available when users need it. . 
  • Flexibility: The purpose of the Staking Indexer is to make it easy for users to capture daily staking information, and to help developers create great Web 3.0 experiences. 

Besides, in order to support users to explore Web 3.0 to the maximum, Figment has provided supporting tools such as Hubble, Learn and Blockchain Governance.

Hubble

Introducing Figment and the special features of this project

Hubble is the platform where validators and token holders use to discover and interact with Web 3.0 protocols. Hubble reshapes what a block explorer is by enhancing the available protocol data instead of just displaying it.

Validators use Hubble to track their performance, manage proposals, and get invaluable information about their delegator base.

Users and token holders use Hubble to stake, vote, and track their rewards. This platform becomes the place to manage the entire Web 3.0 experience for users. 

Hubble Audience: Staking-based services, token holders, exchanges and trustees, wallets, Dapp developers, and data providers.

The benefits that Hubble brings to users:

  • Transaction data and stake data updated in real time
  • Customizable alerts by on-chain events
  • Validator performance history record data 
  • Ability to track and export delegator reward data
  • Ability to track and participate in on-chain governance
  • Search transactions by account, date range, type and memo field.

Learn

With Learn, developers have access to comprehensive hands-on instruction developed by Figment and the community to foster the growth of the ecosystem. Tutorials are seamlessly completed with DataHub. As a result, users can easily access protocols through the full node infrastructure and available middleware suite.

Introducing Figment and the special features of this project

Blockchain Governance

To make governance easier as the stakeholder group grows, Figment provides development software and services to make blockchain governance simple and efficient, and reduce costs for participants. 

Services and software provided by Figment:

  • Administration services: Alerts, reporting and analysis; educational campaigns; community building and awareness raising; management recommendations
  • Administration software: Browser proposes administration; voting operations and statistical interface; monitoring and alerting for on-chain governance; voting function.

Roadmap of the Figment . project

This information is being updated.

Figment Developers, Investors and Partners

Development team

Co-founders Matt Harrop, Lorien Gabel and Andrew Cronk have had more than 30 years of success starting and scaling Internet infrastructure companies. Based on a deep understanding of infrastructure as well as security, combined with a passion for decentralized technology, the founding team launched the Figment project in 2018. 

Introducing Figment and the special features of this project

Investors

Figment — a blockchain infrastructure provider — has raised $110 million in a Series C round led by software investment firm Thoma Bravo. The latest funding brings the company's valuation to $1.4 billion. Other entities participating in the round are Morgan Stanley's Counterpoint Global, Binance Labs, Mirae Asset, ParaFi Capital, Avon Ventures, Bitstamp and Franklin Templeton.

Figment will use the funding to accelerate Web 3.0 development as well as increase the number of employees for the project. In it, Web 3.0 is the third generation of Internet services, created by decentralized networks.

In the previous Series B round, the project also successfully raised $50 million. The round was led by investment organization Senator Investment Group and Liberty City Ventures. In addition, Anchorage Digital, Galaxy Digital and 10T Ventures also participated in this Series B round. Thus, with the latest funding round, Figment has become a unicorn as a startup with a valuation of more than 1 billion USD.

Partner

Figment supports more than 50 protocols including Celo, Cosmos, Terra, Near, Polkadot, Solana, Mina, The Graph… In addition, Figment also has other partners such as Lemniscap, Compound and Three Arrows Capital.

Introducing Figment and the special features of this project

Overview of the Figment . token

The project has not yet launched a token.

summary

Figment's mission is to support the adoption, growth, and long-term success of the Web 3.0 ecosystem. This is Figment's unique approach to making it simpler to build on the next generation of blockchain technology. 

The project provides users with enterprise-grade staking and node infrastructure, the Hubble Web 3 browser, and tools for developers. At the same time, the project team is also actively involved in promoting community and governance. Therefore, we can see that Figment is a potential project and can develop strongly in the future.

To update the latest information about the Figment project, visit the following communication channels:

Website | Twitter | Telegram | Medium



What is thena? Discover the outstanding features of Thena and THE . token

What is thena? Discover the outstanding features of Thena and THE . token

Ngoài PancakeSwap, hệ sinh thái BNB Chain còn có một AMM khác có TVL đạt 150 triệu USD chỉ sau hai tháng ra mắt, dự án này được gọi là Thena.

What is Blockade Games? Information about the Blockade Games project

What is Blockade Games? Information about the Blockade Games project

Blockade Games provides a platform that allows developers to create blockchain games. In addition, Blockade Games also creates many interesting free games.

What is UNQ Club? All information about UNQ Club and UNQ token token

What is UNQ Club? All information about UNQ Club and UNQ token token

UNQ Club is a project that provides a blockchain platform that allows investors to collect and manage existing NFT assets.

What is BENQI (QI)? All information about the project and token QI

What is BENQI (QI)? All information about the project and token QI

BENQI is one of the important pieces of the Avalanche ecosystem. Join TraderH4 to find out what BENQI (QI) is as well as detailed information about the QI token.

What is SafePal (SFP)? Project overview and SFP token

What is SafePal (SFP)? Project overview and SFP token

In addition to a cryptocurrency storage wallet, SafePal is also known to many investors for its SFP tokens and airdrop events with attractive rewards.

What is AKITA? Detailed overview of Akita Inu and AKITA tokens

What is AKITA? Detailed overview of Akita Inu and AKITA tokens

The fever from Akita Inu in the Crypto market in the past time has created a great buzz along with the rapid development of the "dog house token".

What is IoTeX (IOTX)? Detailed introduction of IoTeX project and IOTX token

What is IoTeX (IOTX)? Detailed introduction of IoTeX project and IOTX token

What is IoTeX? This is a blockchain built and developed in conjunction with the Internet of Things (IoT). Join TraderH4 to learn this article.

What is OKB? Things to know about OKB

What is OKB? Things to know about OKB

What is OKB? OKB is an exchange coin of OKX and the OKX Chain blockchain. Let's learn about OKX and OKB exchanges with TraderH4 in this article.

What is DROPP GG? About DROPP GG project and DROPP token

What is DROPP GG? About DROPP GG project and DROPP token

DROPP GG brings an innovative and novel idea to provide an NFT mint platform based on geographies outside of the real world.

What is CronaSwap? Exploring the details of CRONA

What is CronaSwap? Exploring the details of CRONA

CronaSwap is a DEX built on Cronos Chain, which has a similar model to Uniswap.

Sign up and Earn ⋙
Sign up and Earn ⋙