Dymension is a network of modular blockchains known as RollApps, designed to be easily deployable and extremely fast. It adopts a "Modular" blockchain paradigm, disaggregating responsibilities into multiple layers - Execution RollApps, Settlement, Consensus, and the Dymension Hub.
RollApps are the front-end applications of the Dymension network, offering users a platform for various applications like gaming, decentralized finance (DeFi), and NFTs. Dymension secured $6.7 million in funding through a private token round from key investors like Big Brain Holdings, Stratos, Matchbox DAO, and Shalom Meckenzie of DraftKings. An additional fundraising target of around $20 million is set prior to their mainnet launch.
Dymension is positioned as a transformative force in the blockchain space, with its modular network architecture, unique RollApps, and innovative consensus mechanism. Its strategic tokenomics and significant investor backing suggest strong potential for future growth and expansion, aiming to establish a more decentralized, efficient, and user-centric blockchain ecosystem.
