Statter Network

About Statter Network

Statter Network is a public blockchain platform focused on providing high-performance and secure infrastructure for the metaverse ecosystem. The company was founded in 2023 and is based in San Francisco, with a team composed of professionals from leading tech companies like Google. The platform aims to serve metaverse developers, creators, and players by simplifying the creation of new blockchains.

A core feature of Statter Network is its proprietary drag-and-drop technology, which allows developers to generate modular public blockchains quickly, comparing the ease of use to building with LEGO blocks. This simplifies the process of putting a business on the blockchain, enabling creators to focus on their own business innovation. The platform employs a multi-layer architecture to enhance functionality and maintain low coupling between layers. Its technology supports high transaction throughput, capable of reaching 100,000 transactions per second (TPS) on a single chain through sharding and Directed Acyclic Graph (DAG) technology. It also features a Decentralized Identifier (DID) aggregation protocol to enable cross-chain digital identity interoperability.

The native token of the network is STT, which is generated entirely through mining and used for paying network fees for transactions and data storage, staking, and participating in governance. The economic model includes a block reward reduction of 25% every 12 months. Statter Network also provides and integrates other metaverse infrastructure resources like edge computing, decentralized storage, and digital twin technology. The platform was incubated by Holo Metaverse Group Inc. and its mainnet launched on June 7, 2023.