What is Tanssi (TANSSI)

I. Project Introduction

1. What Is Tanssi Network?

Tanssi Network (TANSSI) is a permissionless infrastructure protocol designed to launch decentralized application-specific blockchains (appchains). It enables developers to quickly deploy secure, scalable appchains in minutes using either no-code templates or fully customizable infrastructure. Tanssi simplifies decentralized network deployment with custom logic, making it suitable for a wide range of use cases like DeFi, NFTs, gaming, and any other problem development teams want to solve.

2. How Does Tanssi Network Work?

Tanssi powers appchains with secure, scalable, and independently managed infrastructure using a modular, production-ready architecture. It addresses key challenges in network deployment through the following:

(1) Block Production as a Service: The Tanssi protocol orchestrates a decentralized and trustless set of sequencers that ensure network liveness. Each network gets a dedicated set of sequencers, which are rotated over time and can serve any Tanssi-powered network. Importantly, networks deployed via Tanssi can customize their runtimes and upgrade their logic forklessly at any time, without concern for sequencer configuration.

(2) External Security Provision: Tanssi offers developers a shared security model, eliminating the burden of acquiring sufficient economic security or negotiating with operators to run nodes. By deploying a network with Tanssi and choosing Symbiotic as the security provider, developers gain Ethereum-grade security and benefit from billions of dollars in shared security secured by staked ETH.

(3) Modular Blockchain Framework: Tanssi provides pre-built EVM and Substrate templates, allowing developers to avoid building from scratch. This significantly speeds up the deployment of dedicated appchains, turning a process that previously took months into a matter of minutes.

(4) Key Integrations: Networks built with Tanssi gain automated and standardized access to crucial infrastructure components and block production. Tanssi-powered networks have built-in support for essential tools like wallets, block explorers, indexers, and RPC providers, reducing developer effort in managing these integrations. Furthermore, networks deployed through Tanssi can immediately leverage Cross-Consensus Message Passing (XCM) upon launch, enabling instant bridging capabilities.

3. Who Founded Tanssi Network?

Francisco Javier Agosti: Co-founder & CEO of Moondance Labs, core contributor to Tanssi Network. Previously held roles in business development at PureStake (Moonbeam Network) and payever.

Thiago Range: CEO of Tanssi Foundation, core contributor to Tanssi Network. Former VP of Growth at Moondance Labs and Global Growth Director at Transfero Group.

Katherine Barcelli: CMO of Tanssi Network and Moondance Labs. Previous roles include managing community and events at Moonbeam, leading marketing initiatives at CELLINK Americas, and overseeing performance marketing campaigns at IBM.

Stefan Sofic: VP of Engineering at Moondance Labs. Formerly Engineering Director at Parity Technologies (Polkadot) and Frontend Team Lead at Doozer Real Estate Systems.

Gorka Irazoqui: Chief Architect at Moondance Labs, a recognized cybersecurity researcher and engineer with a Ph.D. in Electrical and Computer Engineering. His expertise includes micro-architectural security and blockchain infrastructure. He previously served as a Senior Developer at Moonbeam Network.

Funding (according to publicly available information):

- May 2023: Moondance Labs announced the completion of a $3 million seed funding round led by Arrington Capital, with participation from Borderless Capital, HashKey Capital, D1 Ventures, Hypersphere, C² Ventures, and Jsquare.

- March 2024, Moondance Labs closed a $6 million strategic funding round co-led by Scytale Digital, KR1, and SNZ. Existing investors such as Arrington Capital, Borderless Capital, and Hypersphere also participated, along with Blockchain Founders Fund and angel investors, including Gavin Wood.

4. Tanssi Network Tokenomics

The Tanssi Network has an initial supply of 1 billion tokens. The token allocation and release mechanism are as follows:

Core Community & Ecosystem Projects (38.3%): 30% unlocked at TGE, followed by a 3-year monthly linear release.

Community Sale (LFL) (2.3%): 100% unlocked 40 days after TGE.

Early Community (LFD Campaigns) (2%): 20% unlocked at TGE, then daily release over 60 days.

Foundation Reserve (10%): 30% unlocked at TGE, followed by a 3-year monthly linear release.

Early Supporters (24%): 1-year lock-up, then 40% unlocked, with the rest vesting monthly over 1 year.

Core Contributors (22%): 1-year lock-up, then 30% unlocked, with the remainder vesting monthly over 2 years.

Strategic Round (1.4%): 15% unlocked 40 days after TGE, with the rest vesting over 11 months.

5. Token Utility

As the native token of the Tanssi Network, $TANSSI serves several key functions. It's utilized for: (1) Staking & Security: Distributed to all restakers, including operators and sequencers, to secure Tanssi and its appchains. (2) Service Payments: Used for deploying appchains, generating and finalizing blocks, and facilitating cross-chain messaging. (3) Governance: Token holders participate in decision-making and funding allocation. (4) Operator & Sequencer Incentives: Operators and sequencers stake $TANSSI to earn rewards.

II. Token Information

III. Related Links