Formation

Versatus is revolutionizing decentralized development beyond smart contracts with its universal dApp engine. The company's mission is to contribute to the decentralization of the web, empowering users to reclaim control from dominant corporations. Its flagship product, Language-Agnostic Stateless Rollup (LASR), addresses the shortage of Web3 developers by enabling them to utilize existing programming skills, such as JavaScript and C++, to build Web3 programs. The launch of its betanet and LASR in early 2024 marked a significant milestone. The Seed Round investment of $2.30M in December 2023 from prominent investors including NGC Ventures, Republic, and Hyperithm has provided the company with the support to scale up developer onboarding and aims to welcome 10,000 Web2 developers to Web3 while targeting 500 projects to build on the Versatus network. As a Blockchain startup founded in 2020 in the United States, Versatus is positioning itself as a pivotal player in driving the development of decentralized applications. With the clear focus on enabling developers to build cross-chain applications more efficiently, Versatus is on course to be a key enabler for the #Web3ForAll movement.