Enya (Boba Network)

Mission & Key Concepts

Boba Network is a blockchain Layer-2 scaling solution and Hybrid Compute platform offering lightning fast transactions and fees up to 100x less than Layer-1.

Our Hybrid Compute technology brings the power of Web2 on-chain for the first time, allowing smart contracts to call any external Web2 API to execute complex algorithms such as machine learning classifiers, pull in real-world or enterprise data in a single atomic transaction, or sync with the latest state of a gaming engine. Leveraging off-chain compute and real-world data, developers and creators can offer an enriched experience unlike anything else on the market today.

We’re delivering a faster, cheaper, and smarter experience for blockchain’s next billion users.

Enya is a core contributor to Boba Network. Enya’s mission is to extend the benefits of a permissionless economic system to everyone on the planet.

Current Challenges

Scaling Ethereum without sacrificing security.

Ethereum created the first decentralized computing platform and made possible the proliferation of Defi and NFT projects today. However, due to its limited compute capacity, Ethereum’s success has also become an obstacle to growth. Enya is committed to creating a world where everyone in the community can participate and benefit from the growth of decentralized blockchain networks through the creation of the Boba Ecosystem.

Our design goals:

• A healthy, sustainably incentivized ecosystem that is flat, accessible, understandable, robust, and open.
• Building Blocks Icon
• A low-cost, scalable, and easy-to-use L2 so the next generation of users can be accommodated.
• Powerful new capabilities for developers to augment smart contracts with sophisticated algorithms.

What we're working on

Level Up with Layer 2. ‍Build on Boba.

Boba Network is an Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts. Boba stands out among Ethereum Layer 2 solutions due to its streamlined exit of crypto assets from Boba to Ethereum, extensible smart contracts, and, soon, decentralized autonomous organization (DAO) governance. This solution offers the best of both worlds: Security and decentralization rooted in Ethereum (no compromise like a multisig bridge wallet) but also low transaction costs and fast execution.

Enya will continue to help scale Ethereum and augment its core functionality with a rich universe of capabilities created by our developer community.

History & Achievements

Founded: 2018

HQ: San Francisco Bay Area, Silicon Valley, West Coast, USA

Funding:

• Enya.ai has raised a total of $1.5M in funding over 2 rounds. Their latest funding was raised on Jan 1, 2020 from a Seed round.
• Enya.ai is funded by 8 investors. Kosmos Ventures and XSeed Capital are the most recent investors.
• Boba Network has raised a total of $45M in funding over 1 round. This was a Series A round raised on Apr 5, 2022.
• Boba Network is funded by 28 investors. Hack VC and TheVentureCity are the most recent investors.

Core Team

• Alan Chiu, Co-founder & CEO
• Jan Liphardt, Co-founder and board member
• Violet Abtahi, Chief operating officer

Benefits + Perks

• Flexible Time Off Policy
• Work remotely from anywhere you choose
• Team events to learn about trends and events in the DeFi & Crypto industries

For US Employees:

• Health Insurance
• 401(k) Matching