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The organizational structure of Ten Protocol is exceptionally strong.
Strong background and strength: Incubated by the global enterprise software giant R3, which is itself an alliance of 42 banks, along with support from major institutions like Intel and Temasek, this provides Ten Protocol with rich resources and strong endorsements to assist its development in the blockchain field.
The core team is very experienced: more than half of the team members come from the executive level of R3, such as co-founder and CEO Gavin Thomas, who has been deeply involved in blockchain since 2015 and led the core engineering development of Corda; CTO Tudor Malene, who previously served as the chief engineer of Corda. These experienced individuals ensure the project's professionalism in technology, product, and management.
Focus on Technological Innovation: As a Layer 2 solution for Ethereum, it introduces the innovative Confidential Rollup, combining secure enclaves and the POBI protocol to balance efficiency and privacy, addressing the pain points of Ethereum Layer 2, highlighting its architecture's emphasis on technological research and breakthroughs.
Focus on ecological expansion: Since its establishment in 2022, more than 120 partnership networks have been established, with over 60 projects within the ecosystem. The team collaborates with leading institutions such as CoinList, indicating that there are dedicated personnel responsible for ecological construction and business expansion, promoting the widespread application of projects.
Clear and reasonable token distribution: Community contributors, reserves, investors, core team, and service providers each account for a certain proportion. This distribution can incentivize participation from all parties and ensure the long-term stable operation of the project.
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