Beta Finance is launching at an initial launchpad price of $0.06. Whether the project can hit $1 will depend on various factors, such as the overall market situation, the adoption of a new project by the market, and whether the team can deliver on its ambitious roadmap.

BETA is an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token on Ethereum and BEP-20 token on BSC. The security framework consists of four major pillars: 1. Beta Finance continuously conducts internal code reviews 2. The platform will request external reviews from leading security researchers 3. It will incorporate real-time monitoring services 4. Beta Finance will launch a bug bounty campaign for white hats Furthermore, funds are stored with cold storage multi-signature wallets and USD bank accounts. Any movement of funds requires the approval of at least 3 out of the 5 executives and advisors of Beta Finance. Beta Finance has been audited by OpenZeppelin and PeckShield. ERC-20 is a token standard most new tokens follow when publishing on the Ethereum blockchain. Ethereum is one of the most popular blockchains and the go-to solution for many decentralized applications and exchanges to launch on. It is secured by a [proof-of-stake ](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) consensus mechanism that requires validators to stake 32 ETH. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.

The total supply of BETA is 1 billion tokens. BETA follows the following token allocation: Binance Launchpad Sale - 5% Seed Sale - 10% Strategic Sale - 5% Alpha Finance Launchpad - 5% Team - 20% Ecosystem - 35% Liquidity Mining 20% As of September 29, 2021, Beta Finance has used funds raised according to the allocations below: * 6.76% Marketing * 10.13% Team * 63.53% Development * 19.57% Operation Beta Finance will launch on Oct. 8, 2021 on Binance Launchpad at an initial token price of $0.06.

Beta Finance identified the significant volatility characteristic of crypto as harmful to the adoption of DeFi by individuals and institutions. It sees short-selling as a critical financial tool that is missing in the DeFi ecosystem, which facilitates market stability and efficiency. Users can conveniently do so with the platform’s “1-Click Short” tool. A simple click of a button suffices to select the [DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex) to swap through and stake the newly swapped collateral with the principal in the short position. Beta Finance follows an isolated collateral model to support more volatile assets, meaning a collateralized position at risk of liquidation does not endanger another position. Initially, Beta Finance supports [ETH](https://coinmarketcap.com/currencies/ethereum/), [USDC](https://coinmarketcap.com/currencies/usd-coin/), [USDT](https://coinmarketcap.com/currencies/tether/) and [DAI](https://coinmarketcap.com/currencies/multi-collateral-dai/) as valid collateral, with the community able to propose and vote for additional collateral support in Phase 2. Collaterals are subject to various collateral factors: stablecoins have a collateral factor of 90%, while ETH has a collateral factor of 80%. Assets are subject to different asset tiers. Safe assets like stablecoins have a loan-to-value ratio of 75%, while more volatile assets only have a 50% ratio. The most volatile assets like meme coins only have a 20% LTV. The isolated collateral model means tighter fund security for users, meaning assets are safe even if Beta has a market with a compromised asset.

Beta Finance was launched by Allen Lee, an MIT alumnus that previously worked as a software engineer at Microsoft and Facebook. It’s also backed by an illustrious group of investors, including Spartan Group, ParaFi Capital, Multicoin Capital, DeFiance Capital, and Delphi Digital. Anjan Vinod of ParaFi Capital was impressed with Beta Finance’s focus on novel assets, its isolated collateral model, and planned cross-chain support. Gabriel Tan of Spartan Group was equally bullish, calling Beta Finance an up-and-coming permissionless money market that is well-positioned to thrive in the space.

[Beta Finance](https://coinmarketcap.com/currencies/beta-finance/) is a permissionless money market on [Ethereum](https://coinmarketcap.com/currencies/ethereum/) for borrowing, lending and shorting crypto assets. It allows users to access a scalable and accessible money market where tokens can be listed permissionlessly and automatically and where users can short these tokens. Beta Finance plans to launch on additional [layer one](https://coinmarketcap.com/alexandria/glossary/layer-1-blockchain) and [layer two](https://coinmarketcap.com/alexandria/glossary/layer-2) solutions after its Ethereum Mainnet launch. Users have three options: lending, borrowing and shorting. Lenders will be able to lend crypto assets for any market that exists on Beta Finance and earn interest on it. Borrowers can take the contrary position, while short-sellers are able to use collateral to initiate short positions. Unlike [centralized exchanges](https://coinmarketcap.com/alexandria/glossary/centralized-exchange-cex), Beta Finance does not use an order book to execute shorts but routes the trade through decentralized exchanges that use [automated market makers](https://coinmarketcap.com/alexandria/glossary/automated-market-maker-amm). As part of its Phase 2 launch, the platform plans to release permissionless money market creation.

As the DeFi arm of the SingularityNET AI Ecosystem, SingularityDAO is a true Decentralized Autonomous Organization designed to simplify access to the crypto economy. AI-DeFi: Sophisticated Decentralized Finance meets the world’s most advanced Decentralized Artificial Intelligence to create a new type of economy. SingularityDAO have created the first decentralized, non-custodial, dynamically adjusted baskets of tokens (DynaSets) controlled by a team of traders aided by and eventually handing over majority control to, highly advanced Artificial Intelligences, the likes of which are leveraged daily on Wall-Street but are as yet unknown in the crypto space. These DynaSets, capable of using both long and short trading strategies, as well as applying leverage to those trades automatically rebalance holdings and take positions based on market conditions so you don't have to. Powered by professional traders aided by world class AI, DynaSets operate in a fully decentralized fasion, in line with the ethos of true DeFi.

5ire is a dual-chain (EVM and WASM) blockchain ecosystem that focuses on combatting global sustainability issues, aligning to the UN’s 2030 agenda for sustainable development. At the core of 5ireChain (5ire’s native blockchain) is a SPoS (Sustainable Proof-of-Stake) consensus mechanism that incentivises validators towards sustainability to receive higher rewards. 5ire aims to bring a paradigm shift from a for-profit to a for-benefit. 5ire’s goal is to combine blockchain with sustainability, whilst onboarding governments’, enterprises’ and institutions’ activities and reporting, related to sustainability-focused real-world assets. 5ire released the 5ireChain Testnet Thunder in Q2 ’23, recording +2m transactions and registering +250k wallets within the first month. Alongside the testnet, the 5ire tech team released a sustainability service to bring sustainability data on-chain and the following dApps: ⁃ 5ire Wallet ⁃ 5ire Explorer ⁃ 5ire Validator app ⁃ 5ire Nominator app ⁃ 5ire IDE 5ire’s next big milestones are to launch the 5ireChain Mainnet in 2024, and further build out the tools to efficiently onboard governments and enterprises to provide ESGaaS (ESG as a Service) on-chain, increasing 5ire’s main revenue drivers.

The Guild of Guardians ICO on Coinlist ended on Nov. 11,2021. 40 million GOG was sold at a price of $0.1.

Guild of Guardians is built on Immutable X, a [layer-two](https://coinmarketcap.com/alexandria/glossary/layer-2) scaling solution for [NFT](https://coinmarketcap.com/alexandria/glossary/non-fungible-token)s on [Ethereum](https://coinmarketcap.com/currencies/ethereum/). Immutable X uses zk-rollups to achieve a much higher transaction speed than Ethereum (9,000 tps) at zero gas fees while not compromising security. In doing so, it aims to become the go-to blockchain for NFT-based games. [Ethereum](https://coinmarketcap.com/currencies/ethereum/) is one of the most popular blockchains and the go-to solution for many decentralized applications. Its [proof-of-work](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow) consensus mechanism requires miners to mine new Ether and ensures that Ethereum is one of the safest blockchains in the crypto industry. A set of decentralized [nodes](https://coinmarketcap.com/alexandria/glossary/node) validates transactions and secures the Ethereum blockchain.

GOG, the in-game currency of Guild of Guardians, is called Gems. GOG is used for three purposes: 1. To align the incentives of players, developers, and content creators. 2. To pay for in-game purchases and rewards. 20% of the cost of any NFT asset players buy from the game and 20% of all trading fees from the secondary market have to be paid for in gems. 3. Players can earn gems from [staking](https://coinmarketcap.com/alexandria/glossary/staking) and use them to participate in governance and voting. The total supply of GOG is one billion, according to the following token distribution: * 35% - player rewards: released on a daily basis over 48 months according to play time, character progression, completion of daily quests. * 28% - community rewards: available immediately for liquidity mining, referrals, community participation and content creation, third party development, partners and advisors. * 20% - developers: unlocked over 48 months, 12-months cliff. * 6% - Guardian Guild Limited: 50% in treasury, available immediately, 50% unlocked over 48 months, 12-months cliff. * 6% - public sale. * 5% - private sale: unlocked over 30 months, 12-months cliff.

Guild of Guardians combines a familiar style in gameplay design with new elements from [GameFi](https://coinmarketcap.com/alexandria/glossary/gamefi) to create a wholesome experience for players. The game’s gameplay and artwork is inspired by the fantasy game classics Diablo and Dungeons and Dragons. Players can select several familiar races like orcs, elves, humans and others as part of their team. This team is then sent into dungeons to fight in classic turn-based RPG fashion style. By venturing into different dungeons and completing challenges, players can amass resources, currency, and equipment to recruit and upgrade their heroes and enter progressively harder dungeons. All heroes have a unique set of properties influencing their strengths and weaknesses. For instance, heroes can belong to three different factions, which influences monsters’ weaknesses and strengths when fighting them. The different classes a hero can belong to determine which equipment they can use. Elements and rarities are additional factors influencing the relative power level of heroes, with abilities and ascension levels impacting a hero’s development and synergy with the team. In addition, players can level up their guild of heroes with pets and equipment. Players can earn rewards by crafting materials to create NFT items. They can earn materials by completing dungeons, although certain materials are unique as drops to heroes. Players can also create new heroes by merging multiple old ones into a new and rarer one, thereby playing their way up to the rarest levels. Moreover, the game distributes rewards on a daily basis to active players that complete quests and other game activities.

Stepico Games, a Ukrainian game development studio, is the team developing Guild of Guardians. In total, over 20 people with experience in start-up founding and mobile game development are working full-time on the game. Stepico Games has developed several strategy and RPG games, accumulating over five million downloads in the process.

[Guild of Guardians](https://coinmarketcap.com/currencies/guild-of-guardians/ico/) is a multiplayer fantasy action RPG on [Immutable X](https://coinmarketcap.com/currencies/immutable-x/ico/). The game’s vision is to become the world’s most popular RPG, where players can assemble a set of Guardians and earn rewards in the process. By combining fun gameplay that will be played on mobile with [play-to-earn](https://coinmarketcap.com/alexandria/glossary/play2earn-play-to-earn) mechanics, Guild of Guardians aims to build an in-game economy that will be compelling for players to participate in. The game will initially be accessible on iOS and Android and will be available in 2022. The gameplay revolves around training a team of heroes to collect resources and engage in challenges. The collected resources will be issued and distributed in Gems, the game’s in-game currency that can be redeemed for real money, spent on minting new assets or secondary purchases, and used to vote on game decisions. 20% of all primary and secondary trading fees must be paid for in Gems. Since mid-2020, Guild of Guardians has racked up over 220,000 followers across different social media channels in its short time of existence. It also sold out its first NFT Founder sale, netting over $4.6 million that will be used for game development.

We’re not just dreaming of the future - we’re building it! Join us to redefine and experience a new era of #web3

Streamr (DATA) is currently available to trade on over 40 different exchange platforms. Several major exchanges that support DATAcoin include [Binance](https://coinmarketcap.com/exchanges/binance/), [Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [Bitfinex](https://coinmarketcap.com/exchanges/bitfinex/), [WazirX](https://coinmarketcap.com/exchanges/wazirx/), [Bancor Network](https://coinmarketcap.com/exchanges/bancor-network/), [CoinDCX](https://coinmarketcap.com/exchanges/coindcx/), [Pionex](https://coinmarketcap.com/exchanges/pionex/), [BKEX](https://coinmarketcap.com/exchanges/bkex/), [LATOKEN](https://coinmarketcap.com/exchanges/latoken/), [Omgfin](https://coinmarketcap.com/exchanges/omgfin/), [Hotbit](https://coinmarketcap.com/exchanges/hotbit/), [Mercatox](https://coinmarketcap.com/exchanges/mercatox/), [HitBTC](https://coinmarketcap.com/exchanges/hitbtc/), [Folgory](https://coinmarketcap.com/exchanges/folgory/), [Coinone](https://coinmarketcap.com/exchanges/coinone/), [Hotcoin Global](https://coinmarketcap.com/exchanges/hotcoin-global/), [NiceHash](https://coinmarketcap.com/exchanges/nicehash/), [Bitsonic](https://coinmarketcap.com/exchanges/bitsonic/), [DragonEX](https://coinmarketcap.com/exchanges/dragonex/), [BiONE](https://coinmarketcap.com/exchanges/bione/). You can get more info on how to buy DATA, Bitcoin and other cryptocurrencies [here](https://coinmarketcap.com/how-to-buy-bitcoin/). Have a look at the CoinMarketCap [blog](https://coinmarketcap.com/alexandria/categories/blog): analysis, market news and updates.

[Smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract) ensure the integrity of Streamr, as they supervise every step of the data transfer process on the Streamr network. Smart contracts control the proper storage of information and the maintenance of the history of events within the stream. Furthermore, smart contracts distribute the workload between brokers and license data (for the sale and purchase of information). The developers took the data security issue seriously; they have turned information into a product to provide its safety and reliability, so that a third party cannot get access. This is done by making the data [encrypted](https://coinmarketcap.com/alexandria/glossary/encryption) and the [key](https://coinmarketcap.com/alexandria/glossary/private-key-secret-key) is held by the owner. As for the encryption method, any type can be chosen because the creators of the platform have provided the ability to integrate almost any option. Only the owner of the data decides who has access to information; the relationship between the owner and the consumer is regulated by smart contracts. This nuance guarantees a smooth and transparent process of selling (and buying) data. Streamr DATA token is on Ethereum for a reason – this blockchain has already proven its reliability and efficiency. All payment data is recorded in the blockchain, which ensures user identification and data protection.

Streamr DATA is an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token on the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) blockchain. The token is used for the node reward mechanism and bids. Moreover, DATA tokens are a measure of reputation – the more tokens a node owns, the more weight it has in the community. If a node suddenly starts working with errors, it is simply excluded and traffic is not allocated for curation. The token is a functional utility token in the Streamr P2P network – DATA is used to pay for infrastructure involved in data delivery. DATA can also be used as a payment token for data content on the Streamr marketplace, so it is an indispensable detail for the entire platform to function properly. Upon completion of the crowdfunding in 2017, a fixed supply of tokens was created. As of July 2021, there is a total supply of around 1,000,000,000 $DATA. The token allocation is as follows: 65% to crowdfunding participants; 15% to the founding team; 15% to the treasury; 3% to partners and consultants of the project; 2% distributed among the Streamr community.

Streamr (DATA) is a project focused on seamless data exchange and monetization of this data. It’s a peer-to-peer ([P2P](https://coinmarketcap.com/alexandria/glossary/peer-to-peer-p2p)) network for real-time data that runs on Ethereum, allowing smart contracts to be used to facilitate the exchange process. Broker nodes are the key element of the network, which work as follows: data is received from providers (also called publishers) and transmitted to consumers – this is the publish/subscribe pattern that the network uses. Sponsors (which may be publishers) pay DATA tokens into a smart contract (called a Bounty) to secure the operation of the stream. The data stream is secured by broker nodes mining Bounties, and relayed to subscribers through publisher or broker nodes (data streams are segmented). A number of technologies that have been developed to optimize Streamr are a hierarchically organized complex called the Streamr Stack. This complex supports uninterrupted data transmission in the Streamr network and consists of five blocks: smart contracts (responsible for optimizing relations between participants in the network's information market); streamr editor (a set of programming tools developed for the purpose of the project); streamr engine (responsible for analyzing, processing, refining data and monitoring network events); data market (a center for data streams and a platform where data is transmitted and received); streamr network (used to transfer data).

Streamr Network AG (the legal entity responsible for the implementation of the protocol) was incorporated in 2017 and based in Switzerland. The Streamr open source team consists of skilled programmers, financiers and software developers, distributed across various time zones. Henri Pihkala is Streamr's founder and CEO. He has a M.Sc. of Computer Science from Helsinki University of Technology. He has experience in software development for real-time data processing, along with 10 years of freelance IT consulting. Pihkala worked at RIQ Yhtiöt Oy and Hedgehog Oy as lead software engineer, and served as the founder and CTO of Unifina and Data in Chains. Risto Karjalainen is founder and COO of Streamr. Karjalainen holds a Ph.D. in decision sciences from The Wharton School of the University of Pennsylvania. Prior to joining the Streamr team, he was a quantitative analyst at Buchanan Partners Limited, an analyst at JP Morgan and Wadhwani Capital Limited, and an investment portfolio manager at Merril Lynch and Estlander & Partners. He is passionate about real-time data and decentralized computing. Nikke Nylund is co-founder and director of business development of the project. A successful serial entrepreneur, Nylund has helped found and grow companies such as Quartal Flife (acquired by Investis Ltd), Quartal Financial Solutions (acquired by KMU Capital AG) and Quartal Content Management (acquired by Satama Plc). Michael Malka is the head of Streamr Labs. Malka has an educational background in computer science at the University of Helsinki and over 20 years of experience in the software industry, with roles from developer to CEO. Previously, he held developer positions at Bitwise Oy, RTSe, Quartal and was CTO, and subsequently CEO at Sujuva.

[Streamr](https://coinmarketcap.com/currencies/streamr/) (DATA) is an open source project and decentralized platform that relies on cryptography instead of trust. It is a [P2P](https://coinmarketcap.com/alexandria/glossary/peer-to-peer-p2p), real-time data infrastructure that houses a platform and tools for a new data economy. The technology stack includes a scalable real-time messaging network (pub/sub) hosted on computers worldwide, a marketplace for trading/selling data and a set of tools for working with real-time data. Streamr (DATA) was crowdfunded in 2017. The main idea is to create decentralized infrastructure and data economy; the mission was formulated by the developers as “Unstoppable Data for Unstoppable Apps.” Streamr tokenizes the value of real-time information and makes it available on their marketplace and data unions. This is built for [DApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps), [IoT](https://coinmarketcap.com/alexandria/glossary/internet-of-things) devices and more, and they believe this is a crucial protocol for [Web 3.0](https://coinmarketcap.com/alexandria/article/what-is-web-3-0). The tasks of Streamr DATA coin include creating a comfortable and prosperous information market, which is built on the basis of a data exchange network that is convenient and understandable for users. How it works: the decentralized pub/sub network is supported by nodes around the world, who earn DATA tokens in exchange for the bandwidth and validation they provide. The competitive advantage lies in the fact that it is an off-chain network (for example, when compared to a similar [IOTA](https://coinmarketcap.com/alexandria/article/a-deep-dive-into-iota) service). Therefore, the risk that the project will face scalability and bandwidth issues is modest. The intention of the Streamr team is not to create some special blockchain, but to focus on the development of network optimization technologies. If Streamr lacks the capabilities of Ethereum, developers can always transfer the platform to another blockchain.

Alitas is the underlying infrastructure of a new generation of value networks, dedicated to building a new generation of underlying trusted network protocols, and providing efficient, convenient, secure, and stable development and deployment environments to customers worldwide. Its unique Alitas architecture completely replaces the traditional chain structure. A disruptive breakthrough in the theory of the traditional directed acyclic graph (DAG). The Alitas structure is used to organize the blocks. While achieving complete decentralization and completeness, under its Alitas architecture, the TPS can reach 30,000+ per second. Break the performance bottleneck of the consensus mechanism. The technically pioneered "Tolerance Algorithm" and "Star Drop effect". The "Tolerance Algorithm" instead of consensus completely solves the data consistency, and the "Star Drop effect" greatly improves the random attribute of the node's legal reference, and realizes the high security of transaction privacy.

Joe Jowett co-founded StrikeX in early 2021 with the goal of producing innovative yet user-friendly blockchain-based tools that make investing simple and secure. His highly successful background as a trader and spirited community leader makes him the perfect candidate to innovate in building an ecosystem that puts the user’s needs first and provide them with the most valuable and useful tools possible. Kishan Vadgama co-founded StrikeX as a disruptive technology company with the sole purpose of getting the world investing with the quality of innovative tools that people deserve to own. With over 12+ years of industry-leading experience in Design, Product, and Marketing, Kishan has a demonstrated history in developing and delivering complex solutions packaged in simplicity and shaped for practicality. Rob Clark joined the StrikeX team in early 2022, he is a passionate technologist with a proven track record in delivering innovative solutions and platforms to large enterprise, cloud and service providers. His extensive technical background (across storage and infrastructure systems, networking, security and dev-ops) enables a holistic and overarching view of the digital enterprise environment; and how existing, and emerging tech can be taken to market in mission critical environments.

Launched in October 2021, StrikeX (STRX) is the native utility token of the StrikeX Eco-system. The StrikeX eco-system is being developed by TradeStrikeBVI (StrikeX.BVI Ltd) who’s primary focus is delivering design-led, sleek, intuitive blockchain powered tools to the retail market. Key products contained within the StrikeX eco-system include: -

As of October 2021, [Constellation](https://coinmarketcap.com/currencies/constellation/) (DAG) is available to buy, sell, and trade on several crypto exchanges, among them [KuCoin](https://coinmarketcap.com/exchanges/kucoin/), [HitBTC](https://coinmarketcap.com/exchanges/hitbtc/), [LCX Exchange](https://coinmarketcap.com/exchanges/lcx-exchange/) and [Hotbit](https://coinmarketcap.com/exchanges/hotbit/). Want to keep track of DAG prices live? Download the [CoinMarketCap app](https://coinmarketcap.com/mobile/). Learn more about crypto terms and definitions using the [CMC Crypto Glossary](https://coinmarketcap.com/alexandria/glossary). Read the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog) for the latest crypto market updates, announcements, insights and news.

In what can be taken as a testament to its security, [Constellation](https://coinmarketcap.com/currencies/constellation/) (DAG) and the U.S. Air Force signed a deal in summer 2019 to automate the latter’s big data management. Constellation built on this further in the summer of 2021 and will now provide end-to-end security for communications between the U.S. Department of Defense and its commercial partners. In terms of technology, Constellation cooperated with Kinnami Software to leverage its Hypergraph Transfer Protocol in order to create a robust, data security product based on blockchain encryption and distributed data management. Constellation's Hypergraph can scale by adding nodes to the network using its DAG architecture and Proof of Reputable Observation (PRO) consensus. Everything on Constellation is handled automatically by smart contracts that provide microservices using the existing codebase in the JVM ecosystem.

[Constellation](https://coinmarketcap.com/currencies/constellation/) (DAG) is the native token of the Constellation Network. As of October 2021, the total supply is limited to 3.71 billion tokens, with 1.27 billion in circulation. The DAG token [ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico) ended on June 15, 2018. DAG was created as an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token, which offers seamless communication between government channels and nodes and connects multiple network components. In addition, Constellation’s developers have launched a native crypto wallet called Molly, which is designed to enhance user experience.

[Constellation](https://coinmarketcap.com/currencies/constellation/) (DAG)’s mission is to process big data with maximum scalability, easy integration, low transaction fees and high levels of security. Constellation aims to efficiently process huge datasets in a secure and cost-effective manner. The Constellation protocol seeks to resolve the persistent challenge of scalability in the blockchain space. The key difference of the project is a capacity to scale in proportion to the number of users and current needs. If a user joins Constellation, the network bandwidth increases in direct proportion. Constellation uses a consensus model called proof-of-meme (PoM), which is based on the principle of rewarding and selecting nodes with good reputations. On the Constellation Network, smart contracts run on a Java Virtual Machine (JVM). These contracts serve a similar function to smart contracts on the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) (ETH) blockchain but their logic is somewhat more complex. In June 2018, the creators of Constellation launched Orion, which allows the community to earn DAG tokens to participate in various Constellation events. The community’s goal is to gather information and content from the web into a single central hub. The Constellation Network’s architecture consists of several components, including: * Stars. A basic element for direct interaction between the web and users, which is compatible with mobile devices. All transactions are carried out through this component. * Star Cluster. Required to participate in the consensus. Each Star Cluster forms local [hash](https://coinmarketcap.com/alexandria/glossary/hash) [blocks](https://coinmarketcap.com/alexandria/glossary/block), which are processed like ordinary transactions and hashed by Galaxies and Black Holes. * Galaxies. These are isomorphic and behave like [validators](https://coinmarketcap.com/alexandria/glossary/validator). Galaxies dedicate resources to Stars and maintain nodes’ reputations. Galaxy metadata is collected in Black Holes and the network's blockchain history is stored in Galaxies. * Black Holes. These are groups of hashed blocks. To summarize its key features: Constellation is focused on big data validation, big data notarization and scalable interoperability.

Constellation Labs (CST) was co-founded by four people: Benjamin Jorgensen, Benjamin Diggles, Mathias Goldmann and Wyatt Meldman-Floch. Benjamin J. Jorgensen is CEO at Constellation Labs. Previously, he was the founding CEO of Klick Push and is also one of the co-owners of MZ Dining Group (Ittoryu Gozu) and the owner of A5 Meats. Benjamin Diggles is chief revenue officer (CRO) at Constellation. He’s in charge of liaising with governments and enterprises and is also responsible for consortia programs and the implementation of Constellation’s global partnership strategy. Prior to his role at Constellation Labs, Diggles worked for Oracle, Universal Pictures and Disney. Mathias Goldmann is chief operations officer (COO) of Constellation. Goldmann has previously worked for the European Central Bank and PricewaterhouseCoopers and, in October 2017, became part of Constellation Labs as VP of Finance. Now, as COO, he oversees the development and implementation of business operations. He also sets the policy for the development of Constellation’s corporate culture and vision. Wyatt Meldman-Floch is chief technology officer (CTO) at Constellation, who developed the Constellation protocol from scratch. Meldman-Floch was an intern and researcher at NASA Ames Research Center and has also worked at companies that include Zignal Labs and Rally Health.

[Constellation](https://coinmarketcap.com/currencies/constellation/) (DAG) is a protocol that uses a [directed acyclic graph](https://coinmarketcap.com/alexandria/glossary/directed-acyclic-graph-dag) architecture to achieve a [consensus](https://coinmarketcap.com/alexandria/glossary/consensus) that is, in theory, is capable of infinite scalability. With the DAG [protocol](https://coinmarketcap.com/alexandria/glossary/protocol) and custom [state channels](https://coinmarketcap.com/alexandria/glossary/state-channel), Constellation is driving the evolution of [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract) by allowing data sources to be integrated into [distributed ledger technology](https://coinmarketcap.com/alexandria/glossary/distributed-ledger-technology-dlt) (DLT). The company was launched in 2017 and the DAG roadmap dates back to April 2018. When developing the project, the founding team decided to rethink the usual solutions to many of the [problems](https://coinmarketcap.com/alexandria/glossary/blockchain-trilemma) for existing [blockchains](https://coinmarketcap.com/alexandria/glossary/blockchain), such as scalability and centralization. Constellation is designed to enable the secure processing of big data, offering the ability to connect to external datasets through easy-to-use [APIs](https://coinmarketcap.com/alexandria/glossary/api). Its technology is facilitated by a change in the principle of building consensus via a serverless architecture.