BlockVision, a Web3-data infrastructure start-up, has closed a $5-million seed funding round led by Shima Capital, Synergis Capital, and Qiming Venture Partners, with investment from 6th Man Ventures, Collab+Currency and ViaBTC Capital.
The investment will be used to support the company’s growth, accelerate product development and expand its market. This round was reportedly followed by a successful pre-seed round with investors including Continue Capital, NGC Ventures, Sanctor Capital and Youbi Capital.
BlockVision strives to become a chain-agnostic data portal for all Web3 developers and users. The data infrastructure pioneers in adopting hybrid transactional and analytical processing (HTAP) architecture — a high-performance data processing solution widely used in big data companies — on blockchain systems.
With the successful integration of HTAP and its unique five-layer architecture design, BlockVision has achieved an unprecedented 200,000 transactions per second and can gracefully handle the huge volume of data synchronization, query and analysis required for any chain’s ecosystem.
BlockVision’s five-layer architecture
BlockVision’s core products — its data cloud and application programming interface (API) services — can benefit developers requiring modern data storage, indexing and computing solutions, allowing them to focus on building applications without worrying about high server costs and maintenance.
Other derivative products offered, such as data visualization and real-time notifications, will help companies, institutions and individual investors make the most of the power of Web3 data, leading to better decisions on the market.
BlockVision’s product ecosystem
BlockVision also puts a large focus on GameFi and collectible nonfungible tokens (NFT) and has developed a wide range of original APIs for the ERC-721 and ERC-1155 token standards. It also reportedly has become the first among its competitors to have launched enhanced APIs for the BEP-20, BEP-721 and BEP-1155 token standards on BNB Smart Chain.
The future of Web3 depends on infrastructure. Aiming to become the “Snowflake of Blockchain,” BlockVision is constantly expanding its footprint in the blockchain development market and innovating new products that better serve the industry.
“BlockVision is a highly innovative startup that is trying to solve challenges in the blockchain industry by leveraging the power of the cloud and open data,” said the co-founder of BlockVision. “We believe that BlockVision will bring more opportunity to developers and provide a better Web3 experience for users.”