Harmony is high-throughput, low-latency, and low-fee consensus platform.
- What is Harmony?
Harmony is a fast and secure blockchain. Our mission is to scale trust for billions of people and create a radically fair economy.
The team is of infrastructure engineers in Silicon Valley, including 4 PhD, 7 ex-Google/Amazon/Apple/Facebook, 2 Harvard MBA, and Stanford/Berkeley AI graduates.
Since 2017 many of Harmony’s founding team members would gather every week for hours in the tradition of Google TGIF to share world-changing ideas over drinks. We were all passionate about machine learning, then quickly blockchain, as they were technologies that could impact billions of people.
During these weekly gatherings, we discussed the huge potential of blockchain to create an open data economy, but that the ecosystem was held back by an inability to scale. With our depth of expertise from the big 5 tech firms, we felt compelled to build a blockchain that could support mass adoption and unlock the full promise of decentralization. That was Harmony.
We debated how to find product-market fit and build sustainable platforms on blockchain. We researched many technical approaches for scaling and security of smart contracts. We toured in Asia to understand the crypto communities and the entrepreneurial spirit.
- How was Harmony launched?
The Foundational Node Round during May 2019, along with a private seed sale in May 2018 takes our total funding to over $20m, following some record-breaking crowdfunding exchange offering on Binance LaunchPad in June 2019.
The Team raised $18.3M private round, $5.5M node round (Binance Labs, HashKey Capital), and $5M public with Binance IEO Launchpad.
- Who is the team behind Harmony?
The team behind Harmony are serial entrepreneurs and elite engineers from the top tech companies in Silicon Valley such as Google, Amazon, and Facebook. Before founding Harmony, CEO Stephen Tse’s previous startup was acquired by Apple. Harmony’s team combines deep technical knowledge of blockchain with experience of building and scaling technology companies.