Octopus Network – Where Web3.0 Begins
Sheldon Dearr is technical lead at Octopus Network, a multichain, interoperable crypto network and Web3 incubator designed to facilitate a new wave of web innovation.
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Why you should listen
Sheldon is a security engineer who was referred to as the "King of Major Incidents" during his time at HP due to his ability to solve problems. Sheldon has a keen understanding of the complex world we all operate in.
Octopus Network is a multichain crypto network for launching and running Web3.0 application-specific blockchains — appchains.
Appchains in the Octopus Network benefit from flexible and cost-effective leased security (LPoS), out-of-the-box multichain interoperability, complete infrastructure, and a ready-to-be-engaged community.
The core of the Octopus Network is the Octopus Relay — a set of smart contracts running on the NEAR blockchain, aka mainchain, that implements the security leasing market. The Octopus Network chose to build on NEAR because it offers a more cost-effective, scalable, user-friendly, and interoperable L1 solution for building appchains.
The Octopus Accelerator Programme is a collection of courses and seminars available to both Substrate developers and Web3.0 teams funded by the Octopus Foundation. The Octopus Foundation will directly fund 20 appchain projects through the Octopus Accelerator Programme each year, granting them up to $1M in total per year.
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