Pastel Network
Lumera Protocol is a layer-1 blockchain designed for Web3 infrastructure, offering decentralized storage, AI solutions, and cross-chain interoperability. Its platform provides developers with essential tools to build scalable projects, focusing on enhanced data security and availability through its Cascade storage layer. Lumera also enables the launch of localized LLMs and machine learning models, and facilitates cross-network asset bridging via Open Web3 APIs. The protocol emphasizes uncompromising security with a permissionless architecture and advanced consensus algorithms.
Pastel Network
Lumera Protocol is a layer-1 blockchain designed for Web3 infrastructure, offering decentralized storage, AI solutions, and cross-chain interoperability. Its platform provides developers with essential tools to build scalable projects, focusing on enhanced data security and availability through its Cascade storage layer. Lumera also enables the launch of localized LLMs and machine learning models, and facilitates cross-network asset bridging via Open Web3 APIs. The protocol emphasizes uncompromising security with a permissionless architecture and advanced consensus algorithms.
TL;DR
Positioning: Fully decentralized layer-1 blockchain focused on NFTs and Web3 infrastructure
Founders / Leadership: Jeffrey Emanuel (Founder & CEO); Alexey Kireyev (Founder & CTO)
Product highlights: Native protocols Sense and Cascade, open APIs, permanent on-chain storage ('pay once, store forever')
Token: PSL — native utility token for network operations, staking (SuperNodes), and governance
Funding (public): Seed round announced 2021-07-15; $5,000,000; lead investor Innovating Capital
Company Overview
Problem Domain
NFT authenticity, provable rareness, and permanent decentralized storage within Web3 ecosystems.
Industry
Blockchain; NFTs; Web3 infrastructure
Tech Stack
Funding Track Record
$5,000,000
Crunchbase lists Innovating Capital as the sole listed investor; partner Pen King associated with the investment.
Investor Signal
“Led by Innovating Capital (single listed investor for the Seed round)”