The mission of SYS Labs is to build truly scalable Web3 infrastructure and dapps that meet the needs of a global population, utilizing the first modular blockchain with EVM-compatibility anchored in Bitcoin’s network and scaling via rollups.
What SYS Labs does spans from metaverse, NFT and gamefi platforms, to regulatory-compliant rollups, all with state-of-the-art user experiences, and all secured by Bitcoin.
All of this is accomplish by building upon the scalable Layer 2 technologies of the Syscoin blockchain, which serves as the best foundation for most of our products.
SYS Labs is like a combination of Ava Labs, StarkWare and Matter Labs; its primary focus being onboarding the world to Syscoin so everyone can benefit from its capabilities and capacity.
SYS Labs is a separate and distinct entity from Syscoin Foundation. Syscoin Foundation is the non-profit organization founded in 2018 with a mission to help develop, guide and foster the open-source decentralized Syscoin blockchain project.
With Syscoin’s Rollux L2 on public testnet, and mainnet just around the corner, the foundation recognizes the need for a for-profit entity focused on building applications that tap into Syscoin effectively, and when appropriate, making those applications interoperable, all to accelerate the adoption of Syscoin. The foundation will support and work closely with SYS Labs just as it supports any partners who are strongly focused on helping the Syscoin ecosystem grow and flourish.
SYS Labs is in its infancy! We couldn’t wait to share this great news with the community. More info on how you can get involved will be provided by SYS Labs in the coming months! Get updated by signing-up!
About Syscoin Foundation
Officially founded on December 11th, 2018, the Syscoin Foundation is a non-profit organization that represents the Syscoin core development team, secures the code repositories, and oversees public relations for the protocol. Its goal is to expedite the global adoption of blockchain technology by demonstrating the unique decentralization features offered by the Syscoin Platform.
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Sep 29, 2022 by Syscoin Foundation
