Dymension is a modular blockchain network featuring RollApps, where anyone can build and deploy their own consensus-free blockchain, supported by the Dymension Hub, a Proof of Stake blockchain that provides consensus, security, and liquidity for these RollApps.

As of the funding stage, Dymension has raised $6.7m. This is a considerably high amount of investment for new coins as of 12 January 2024. Lead investors include Big Brain Holdings, Stratos Technologies, MatchboxDAO, and Shalom Meckenzie. Big Brain Holdings, as the lead investors, has invested in big names such as NEAR protocol, SOLANA and Arweave. These projects have experienced a large level of success upon launch.

Relationship Between TIA and Dymension

The relationship between TIA and Dymension, particularly through the Dymension airdrop, has played a crucial role in the recent market performance of TIA. This synergy demonstrates the interconnected nature of different projects within the cryptocurrency ecosystem and how collaborations or mutual initiatives can significantly impact token value and investor interest. This signifies good community support in the crypto world.

Overview of Dymension (DYM) and What are RollApps?

- Network: Dymension is a layer-1 blockchain built on the Cosmos network.

- Genesis Rolldrop: They announced a "genesis rolldrop" of DYM tokens to over a million crypto users across various chains and projects.

- Token Distribution: Approximately 70 million DYM tokens, which is 7% of the total supply, are being offered in this airdrop.

- RollApps: The network focuses on deploying app chains called "RollApps." It facilitates connections across various rollup scaling networks.

- Compatibility: Dymension uses Ethereum Virtual Machine (EVM) addresses. RollApp creators can choose their preferred virtual machine and token, and can publish data to external chains like Celestia or Avail.

- Eligibility for Airdrop: Eligible users include those who stake TIA tokens in Celestia, users of Ethereum layer-2 networks (Arbitrum, Optimism, Base, Blast), and users of Cosmos Hub, Stride, and Osmosis DEX. Over 500,000 Solana users are also eligible, including those who have used specific protocols and NFT platforms.

- Additional Allocation: Post-genesis airdrop. There's a proposal to allocate an additional 2.5 million DYM to users bridging funds from other networks.

What Are RollApps?

RollApps are modular blockchain applications that operate within a larger blockchain ecosystem, offering a unique blend of flexibility, scalability, and interoperability. These applications are independent yet integrated within a central blockchain system, like the Dymension Hub, allowing them to function without their own consensus mechanisms. This modular approach enables developers to create customized blockchain solutions tailored to specific needs and use cases.

RollApps are developed using specialized toolkits, such as the RollApp Development Kit (RDK) based on the Cosmos SDK, which facilitates their creation and integration within the ecosystem. The customizable nature of RollApps allows for a wide range of functionalities, from token systems to complex decentralized applications, catering to diverse requirements within the blockchain space.

The importance of RollApps in the blockchain industry is multifaceted. They address scalability challenges by distributing the transactional load across multiple modular blockchains, thereby enhancing the overall performance of the network. Interoperability is also key to creating a cohesive and efficient blockchain environment.

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