Supra: Integrated Web3 Powerhouse

Apr 28, 2025

TL;DR

  • Supra Network is a Layer-1 blockchain focused on vertical integration, natively incorporating essential Web3 services.

  • Aims to simplify dApp development by providing built-in oracles, VRF, automation, and cross-chain communication.

  • Features a large team with significant experience. Key team members highlighted include CEO Joshua D. Tobkin, Chief Research Officer Dr. Aniket Kate (co-creator of KZG commitments), and other experts in engineering, operations, marketing, and business development.

  • Successfully raised $26.61 million in funding over three rounds. Notable investors include Coinbase Ventures and Animoca Brands, demonstrating strong industry confidence.

  • Has established 238 integrations across 47 main networks, showcasing broad interoperability.

  • Successful incentivized testnet with over 9 million transactions and dApp testing prior to mainnet launch.

  • Mainnet launched on November 27, 2024, coinciding with the $SUPRA token TGE.


Introduction to Supra Network

Supra Network is a Layer-1 blockchain that distinguishes itself through its vertical integration of essential blockchain services. This approach streamlines dApp development by providing native access to oracles, verifiable random functions (VRF), automation services and cross-chain communication within a single ecosystem. Supra's infrastructure is designed to be language-agnostic, allowing developers to build dApps using their preferred programming languages.  

The team behind Supra recognized that focusing solely on oracles wouldn't address the broader challenges faced by blockchain applications, such as liquidity, randomness, security and scalability. This realization led them to expand their vision and create a high-throughput and secure Layer-1 public blockchain that integrates key modules like oracles, on-chain randomness (dVRF), and cross-chain communication at the base layer.  

To achieve scalability, Supra employs the Moonshot consensus mechanism and transaction parallelization. Moonshot consensus is designed to optimize chain-based rotating leader Byzantine Fault Tolerance (BFT) consensus, offering low latencies and high throughput. Transaction parallelization further enhances efficiency by allowing multiple transactions to be processed concurrently.  

Supra L1 boasts several key features that contribute to its robustness and developer-friendliness:

  • MultiVM Compatibility: Supra supports various virtual machines (VMs), including EVM and MoveVM, enabling developers to deploy smart contracts from different ecosystems seamlessly.  

  • Native Oracles: Supra integrates oracle services directly into its infrastructure, simplifying real-time data access for dApps.  

  • Native VRF: Supra provides verifiable on-chain randomness, essential for applications like gaming and NFTs where fairness and unpredictability are crucial.  

  • Automation: Supra offers a native zero-block delay automation network, allowing developers to schedule transaction execution based on specific time ticks, as well as on-chain and off-chain events.  

  • Cross-Chain Communication: Supra enables communication with other chains through HyperNova and HyperLoop, facilitating cross-chain interoperability and asset transfers.   


Meet the Team (Brief Overview)

Supra Network has an extensive team with a wealth of experience and industry expertise, with some members not mentioned in the above list however, their hard work and dedication is noteworthy and the list above is merely a glimpse at the strength of the Supra team.

Joshua D. Tobkin - Chief Executive Officer

14+ years in SaaS businesses starting in payments and online gaming with a successful exit. Previously held positions in growth stage companies as Creative Director/CTO. Founder and lead architect of Supra and co-designer of SupraBFT Consensus Algorithm.

Dr. Aniket Kate - Chief Research Officer

15+ years of research experience in applied cryptography, distributed systems, and digital privacy. 9+ years of involvement in blockchain research. Dr. Kate focuses on bridging the gap between theory, practice, and real-world utility. Affiliated with Purdue University (on leave), Max Planck Institute for Software Systems (MPI-SWS), University of Waterloo, and IIT-Bombay. Recipient of the 2019 NSF CAREER Award. Dr. Kate is one third of KZG (Kate-Zaverucha-Goldberg) of KZG Polynomial Commitments, aka Kate Commitments. This technology is the basis for most ZK Proof Systems today and underpins the breakthroughs in scaling for Ethereum 2.0.

Arun Doraiswamy - VP of Engineering (Blockchain)

23+ years of international experience in core engineering, Led 2 startups, multiple off-shore business units, driven research activities and Innovation on various technologies (AI, IoT, Cloud, DevOps, Big data, Datacom, CyberSecurity and Blockchain).

Eleanna Kalaitzi - Chief Operating Officer

Industrial Organizational Psychologist with 12+ years of experience in qualitative and quantitative research with psychometrics and data analysis. Formerly provided service in HR and technical recruitment for one of the largest aviation leaders in Europe and numerous US defense companies.

Dr. Pratyay Mukherjee - Sr Director of Research

7 years of research experience in Theoretical and Applied Cryptography in academia (UC Berkeley, Indian Statistical Institute) and in industry (Visa, Hedera). PhD (Comp Sc.) from Aarhus University. Co-author of 25+ peer-reviewed publications with 1100+ total citations. Areas of expertise include threshold cryptography, multiparty computation, end-to-end encryption, homomorphic encryption, etc.

Kai Pham - Chief Marketing & Creative Officer

Life-long creative with a focus on branding. 20+ years in advertising and leading in-house creative teams. Former Director of Design at Razer and ACD at Ogilvy (NYC). Worked on leading global brands such as BP, Dupont, TD Ameritrade, Dove, Capital One, Sheraton, Mercedes, and more.

Philip Kwon - Director of Partnerships, FX and Trade

14 years in financial technology and securities market infrastructure, including DTCC and SWIFT. Sales and product focus, built communities in collaboration with market participants by advocating global best practice and promoting middleware, network and data solutions.

Jon Jones - Chief Business Officer

Consultant turned entrepreneur. President of Government Blockchain Alliance Taiwan Chapter. Founded Taiwan Entrepreneur Club with 45+ global partners. Early Ethereum advocate. Chinese Language studies from National Taiwan University. UC Berkeley alumni in Global Economics and Political Development.


Investment and Funding History

Supra Network has attracted significant investment from prominent venture capital firms and strategic partners in both the Web3 and traditional finance sectors. The platform has raised a total of $26.61 million in funding over three rounds .  

Key investors include prominent names like Coinbase Ventures and Animoca Brands . These investments signify strong confidence in Supra's potential and its ability to disrupt the blockchain landscape. Coinbase Ventures, known for its strategic investments in promising blockchain projects, recognizes Supra's potential to become a key infrastructure provider in the Web3 ecosystem. Animoca Brands, a leader in the metaverse and gaming space, sees Supra's technology as essential for building a truly open metaverse.  HashKey Capital, Shima Capital, Hashed Fund and others.


Ecosystem Partnerships and dApps

Supra Network has actively fostered collaborations with various blockchain projects and platforms. Its ecosystem boasts an impressive array of partnerships, with 238 integrations across 47 main networks. These partnerships span a wide range of sectors, including DeFi, GameFi, Web3 media and enterprise solutions .  

Some notable partnerships include:

  • Ethereum: Supra's oracles have been integrated with Ethereum, providing dApps on this leading smart contract platform with access to fast and reliable data feeds . This integration is crucial for DeFi applications on Ethereum that require real-time price data and other external information.  

  • Avalanche: Supra's oracles are also available on the Avalanche network, enhancing the capabilities of dApps within this rapidly growing ecosystem . Avalanche's focus on speed and scalability aligns well with Supra's high-performance infrastructure.  

  • Polygon: Supra's platform supports Polygon, enabling dApps on this popular Layer 2 scaling solution to leverage Supra's oracle and VRF services . This partnership expands Supra's reach to a wider audience of developers and users within the Ethereum ecosystem.  

  • Neo: Neo has partnered with Supra to integrate its oracle and VRF services into the Neo X EVM sidechain, enhancing the functionality and security of dApps within the Neo ecosystem . This collaboration strengthens Neo's position as a developer-friendly blockchain platform.   

Grant and Incubator Programs

Supra Network offers incentive programs designed to support and encourage dApp development within its ecosystem. One such program is the Supra Network Activate Program (SNAP), which provides significant discounts on Supra's core products, including oracle and dVRF services, to early adopters . SNAP aims to foster Web3 scaling and growth by reducing the costs associated with building and deploying dApps.  


Supra Network Tokenomics

The $SUPRA token is the native cryptocurrency of the Supra Network ecosystem. It plays a crucial role in powering transactions, securing the network, and facilitating access to various services. The tokenomics of $SUPRA are designed to promote community involvement, long-term growth, and sustainability .  

$SUPRA token allocation:

  • 22.8% Foundation and Treasury: Dedicated to ecosystem growth and long-term development.

  • 21.0% Validators and Stakers: Supports network security and incentivizes active participation.

  • 20.5% Early Contributors: Rewards initial supporters who played a role in Supra's inception.

  • 16.0% Team: Structured to promote long-term commitment, with a lock-up period ensuring gradual token releases.

  • 11.0% Ecosystem and Community: Prioritizes community-driven initiatives and projects.

  • 4.0% Blast Off Airdrop: Engages new users through promotional token distributions.

  • 4.7% Others: Allocated for strategic partnerships, advisors, legal, and administrative functions.


Supra Mainnet News

Supra officially launched its Mainnet on November 27, 2024, marking a significant milestone for the project. This launch coincided with the Token Generation Event (TGE) of its native $SUPRA token.  

The launch follows a successful incentivized testnet, which processed over 9 million transactions with verified users. Several dApps were tested on the testnet, including Astro Predictions and Dice Vision, with more planning to launch on the Mainnet.

A significant development in March 2025 was the acquisition of Blockpour, a blockchain tooling and data provider, which was rebranded as OpenBlocks.ai . This move signals Supra's focus on integrating AI-driven solutions into its cross-chain capabilities.

Supra's ecosystem continues to grow with various dApps being built, including DexLyn (DEX), LYNC (mobile-centric Layer-2), Atmos Protocol (trading platform), DeMonopol (real estate platform), and Kana Labs (cross-chain liquidity). The CoinGecko API is also integrated within the Supra ecosystem. Supra continued to forge notable collaborations included partnerships with MoveFuns DAO, Plume Network, Primex Finance, Vanar Chain, Humanode, and MiniMatch.

The $SUPRA token became available for trading on several top-tier cryptocurrency exchanges, including ByBit, Gate.io, KuCoin and MEXC. Additional exchange listings are expected in the future. Notably, the $SUPRA token also saw a significant price increase after being listed on BYDFi.

At the time of writing, Supra’s mainnet has achieved the following stats from SupraScan: the Active wallets: 633,801, Total Transactions: 51,246,954 and Total Stake: 13.33B $SUPRA, show us the networks progress since its Mainnet launch in late 2024 to present. These stats highlight Supra’s growth and its mass appeal to investors.


Conclusion

Supra Network is strategically designed to address the multifaceted challenges of Web3 development. By vertically integrating essential services like oracles, VRF, automation and cross-chain communication directly into its architecture, Supra simplifies the dApp creation process and enables developers to build more efficient, secure and interoperable applications. Backed by a deeply experienced team and significant funding from prominent investors, Supra Network has already demonstrated strong industry confidence. The successful mainnet launch and token generation event mark a pivotal moment for Supra, signaling the beginning of its journey to foster a thriving ecosystem and contribute meaningfully to the broader blockchain landscape.

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