Pagoda

Pagoda

Platform for building and managing blockchain applications

About

Pagoda provides a platform for developers to create, launch, and manage blockchain-based applications, specifically designed for the Web3 environment. The platform operates on the NEAR protocol, which allows for high-speed transactions and low costs, making it suitable for decentralized applications (dApps). Pagoda offers a variety of tools, including the DevConsole, which features interactive tutorials and scalable infrastructure to help developers optimize their projects. Unlike many competitors, Pagoda focuses on simplifying the development process and providing comprehensive support, which is particularly beneficial for Web3 startups. The company's goal is to empower developers by providing a cost-effective and efficient platform that allows them to innovate without the burden of high operational costs.

Company Stage

Series A

Employees

51-200

Industries

Consumer Software, Crypto & Web3

Total Funding

$383.7M

Headquarters

Miami, Florida

Founded

2017


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Simplify's Take

What believers are saying

  • Partnership with Google Cloud enhances technical support for NEAR-based projects.
  • Rising interest in DeFi and NFTs boosts demand for Pagoda's blockchain solutions.
  • Web3 gaming expansion increases demand for Pagoda's scalable infrastructure.

What critics are saying

  • Competition from platforms like Ethereum with AWS partnerships may affect market share.
  • Blockchain technology's rapid evolution could render Pagoda's offerings obsolete.
  • Regulatory scrutiny on blockchain could increase compliance costs for Pagoda.

What makes Pagoda unique

  • Pagoda leverages the NEAR protocol for high performance and low transaction fees.
  • The platform offers a comprehensive suite of tools for dApp development and management.
  • Pagoda's DevConsole provides interactive tutorials and operational metrics for developers.

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