Astar Network is a cutting-edge Layer 1 blockchain tailored for the next generation of decentralised applications (dApps). Designed to simplify the development journey for Web3 developers, Astar enhances multichain interoperability and reduces costs. It seamlessly integrates with both Ethereum (EVM) and WebAssembly (Wasm) virtual machines, allowing DeFi developers to focus on innovative solutions instead of technical hurdles. Initially conceived as a smart contract scaling solution on Polkadot, Astar, backed by the Astar Foundation and Startale Labs, evolved towards a mainstream Web3 vision emphasising Japanese enterprise and culture.
The network fosters a rich ecosystem filled with dApps, unique content, and tangible real-world applications. Its dual virtual machine setup ensures scalability, broad developer compatibility, and facilitates cross-chain interactions.
The network's native token, ASTR, plays a pivotal role. Its Build2Earn feature primarily rewards dApp developers with block rewards, while other contributors like collators also benefit from newly minted ASTR tokens.