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Pagoda

Pagoda

Platform for building and managing blockchain applications

About

Pagoda provides a platform for developers to build, launch, and manage blockchain-based products and services, specifically designed for the Web3 space. The platform operates on the NEAR protocol, which allows for high capacity, speed, and low transaction costs, making it suitable for creating decentralized applications (dApps). Pagoda offers a variety of tools, including the DevConsole, which features interactive tutorials, scalable infrastructure, and operational metrics to enhance developer productivity. This platform is tailored for Web3 startups and developers, helping them optimize their applications with support for testing, deploying, and monitoring. Pagoda's business model is subscription-based, allowing developers to access its services while keeping operational costs low. The goal of Pagoda is to empower developers to efficiently create and manage blockchain applications, positioning itself as a preferred choice in the Web3 ecosystem.

Company Stage

Series A

Employees

51-200

Industries

Consumer Software, Crypto & Web3

Total Funding

$383.7M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The partnership between NEAR and Google Cloud provides Pagoda with robust technical support, enhancing its platform's scalability and reliability.
  • Pagoda's subscription-based model ensures a steady revenue stream, allowing for continuous platform improvements and customer support.
  • The NEAR protocol's high performance and low fees make Pagoda an attractive option for developers, potentially leading to rapid user growth and market adoption.

What critics are saying

  • The competitive landscape of blockchain and Web3 platforms is intense, requiring Pagoda to continuously innovate to maintain its edge.
  • Reliance on the NEAR protocol means that any issues or limitations with NEAR could directly impact Pagoda's performance and reputation.

What makes Pagoda unique

  • Pagoda leverages the NEAR protocol, known for its high capacity, speed, and cost-effectiveness, setting it apart from other blockchain platforms.
  • The platform's comprehensive suite of tools, including the DevConsole, offers interactive tutorials and operational metrics, enhancing developer productivity.
  • Pagoda's focus on Web3 startups and developers allows it to serve a niche market with specialized needs, unlike broader blockchain platforms.

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