Bifrost Foundation

Bifrost Foundation

Bifrost is a multichain ecosystem featuring the Bifrost Network, an EVM-compatible blockchain designed for developers to build powerful multichain DApps. Supported by the Bifrost Foundation, it provides infrastructure and tools like Chainrunner for cross-chain swaps to lower the entry barrier to Web3. The ecosystem also includes Pockie, a digital asset management application for managing tokens and NFTs across various chains.
Distributed
Employees: 50

Description

Initially launched in 2018 as a middleware project, Bifrost has evolved into a comprehensive multichain ecosystem centered around its mainnet, the Bifrost Network, which went live in January 2023. The Bifrost Foundation, a decentralized entity, guides the project, which is operated solely by its community governance. The platform aims to simplify the Web3 experience and make blockchain technology more accessible to both individuals and institutions. Its core offerings include an EVM-compatible network for DApp development, multichain swap technology called Chainrunner, and staking services with its native BFC token to secure the network. The ecosystem is further supported by products like the Pockie wallet for multi-chain asset management, a bridge, an explorer, and a grant program to foster development.