Artela is a startup focused on enhancing blockchain scalability and enabling developers to build feature-rich decentralized applications (dApps).
Speaking about the protocol at the Cosmoverse was its CEO, Jerry Li. Li stated the importance of blockchain extensibility, saying it extends beyond the commonly discussed topic of scalability. While scalability is crucial, accommodating more users and transactions often leads to focusing on extensibility.
Extensibility centers on improving the functionality of a blockchain without changing its core structure. Li likened this concept to the extensive ecosystem of apps that increase the capabilities of smartphones, providing users with a range of features and utilities.
Artela’s approach to extensibility
Artela is designed to offer a unique blend of extensibility and composability. While it is compatible with the Ethereum Virtual Machine (EVM), Artela goes a step further by introducing a new Virtual Machine called WOME.
This opens the door to multiple programming languages and introduces the innovative concept of “aspects.”
Li noted that the introduction of “Aspects” within Artela’s architecture allows for modular and customizable programming within the blockchain. It will also enhance the inclusion of a user-defined native extension.
Aspect amplifies programmability and ensures seamless integration with existing smart contract models. This approach empowers developers to inject various types of logic throughout the blockchain’s transaction lifecycle, from initiation to finalization.
The result is a platform that offers a higher degree of flexibility and customization for creating blockchain-based applications.
Roadmap and the Future
The CEO also said that Artela’s journey, which began nine months ago, is currently in its initial stage. A private testnet has been launched, and the team is collaborating with close strategic partners to test the network’s capabilities.
He added that Artela plans to open the public testnet in December, welcoming broader community participation. Looking ahead, the project’s roadmap includes incubation and community programs, with the mainnet expected to launch in Q2 2024.
Artela has raised over $6 million in seed round funding led by Shima Capital, with participation from A&T Capital, Big Brain Holdings, SevenX, Dispersion, Amino, and others. The investment will be used to develop the Artela network and bring it to market.
