ChainScale

About ChainScale

Established in 2018, ChainScale, Inc. operates from its base in Mountain View, California, positioning itself at the intersection of blockchain technology and eSports. The company's primary focus involves the research and development of highly scalable, secure, and resilient algorithms and open-source software systems. The objective of these efforts is to substantially improve the scalability and usability of various public distributed ledger systems.

In addition to its foundational blockchain work, ChainScale develops and operates CelerX, a skill-based eSports gaming platform. This mobile-based platform offers a variety of casual games, including 'Fish Jump,' 'Frog Jump,' 'Fruit Punch,' and 'Diamond Break', which are available for iOS devices. The business model appears to be centered on this mobile gaming application, which leverages the company's proprietary open-source software.

Financially, the company has secured significant backing, having raised $9 million in a Series A funding round in December 2020. This capital injection supports its ongoing development and operational activities. The company maintains a lean team, with an employee count of 10 as of the end of 2021. ChainScale operates in a competitive landscape, with numerous other companies in the mobile eSports and blockchain gaming sectors.