dappOS makes executing blockchain tasks as simple as clicking icons in the Windows system.

Author: Biteye, Core Contributor Fishery

Editor: Biteye, Core Contributor Crush

*Full text about 4500 words, estimated reading time 8 minutes

In the ever-changing narrative of the Web3 world, there is a new gameplay every few days, and interactions are becoming more and more complex, with more and more steps, while users also face increasingly dangerous phishing scams.

This situation not only raises the entry barrier for new users, but also presents a challenge for experienced users to keep up with the constantly changing pace.

In this context, the concept of "Intent-Centric" has emerged, making the interaction of Web3 more user-friendly and secure.

The "Intent-Centric" concept allows users to execute complex blockchain operations by defining simple intentions, without having to worry about the complex technical details behind them.

For example, if a user's intention involves multiple transactions, the system will automatically handle all related steps, such as verification, executing transactions, and confirming results, and the user only needs to submit their intention.

We can compare traditional encrypted wallet interactions to DOS command lines, obscure and high-threshold. In contrast, dappOS is like the Windows system that understands the user's "intent".

Just as Windows revolutionized the way people interact with computers, dappOS is also committed to changing the way people access and use blockchain applications.

By empowering the infrastructure and applications of blockchain to efficiently execute user intentions in a decentralized manner, dappOS makes executing blockchain tasks as simple as clicking icons in the Windows system.

01 Funding Information

dappOS, as a groundbreaking Web3 intent execution network, has gained wide market recognition and favor from Web3 capital with its "Intent-Centric" design concept.

In March of this year, dappOS completed its Series A financing, raising $15.3 million and reaching a valuation of $300 million, led by Polychain.

Polychain is a well-known top-tier Web3 dollar fund, and projects such as Bittensor (TAO), Celestia, Eigenlayer, and Babylon, which are stars of this round of the bull market, are all led by Polychain.

This latest round of financing demonstrates the optimism of top European and American institutions for the "Intent-Centric" track and solidifies dappOS's leadership position in the Intent-Centric track.

In addition to Polychain, dappOS has also attracted investment from several well-known institutions in the early stages.

• In November 2022, dappOS was selected for the fifth season incubation program of Binance Labs.

• In June 2023, dappOS received Pre-Seed round financing from Binance Labs, injecting initial capital for its subsequent development.

• On July 21, 2023, dappOS further consolidated its market position by successfully completing a seed round of financing with a valuation of $50 million. This round of financing was led by IDG Capital and Sequoia China, attracting the participation of several well-known investment institutions such as OKX Ventures, HashKey Capital, and KuCoin Ventures.

From its financing history, it is not difficult to see that dappOS has stood out among a group of Intent-centric projects and won the continued favor of investors.

Through these capital injections, dappOS not only accelerates its product development and market expansion, but also strengthens its influence in the Web3 ecosystem.

02 How to Integrate Intent into Traditional Blockchain?

We all know that the underlying of blockchain is composed of cold code. How to securely and accurately execute users' intentions on the blockchain is the core issue that intent-centric needs to solve.

As the core infrastructure of the Intent-Centric track, dappOS provides developers with Intent Task Frameworks to make intentions compatible with traditional blockchains, realizing the transformation of users' specific intentions into on-chain execution results.

Currently, dappOS has four Intent Task Frameworks: Unified Account, Intent Assets, Real-time dApp Interaction, and Intelligent Minting.

Unified Account

dappOS's unified account system is an intent-based account system. This system not only allows users to seamlessly manage and use their assets in any decentralized application (dApp) integrated with the dappOS SDK, but also allows them to operate across all mainstream blockchains and use all mainstream tokens to pay fees, greatly simplifying the blockchain experience for global users.

In addition, the system enhances the liquidity and interoperability of assets between different blockchains, providing a concise and efficient fund management and transaction payment platform, similar to the experience of traditional financial services, while maintaining the core features of blockchain such as transparency and decentralization.

Intent Assets

dappOS's intent assets are innovative assets that can automatically adapt to usage scenarios and generate interest when idle.

For example, its stablecoin named intentUSD not only has the circulation function of regular stablecoins, but also generates interest when idle.

These assets can automatically convert into different forms of stablecoins, such as USDT or USDC, according to the different needs of users in different scenarios, greatly improving the flexibility and adaptability of assets.

This feature can be said to be the "Yu'ebao" in the Web3 field, which can generate interest for users while facilitating the use of assets.

Real-time dApp Interaction

This framework enhances real-time interaction with decentralized applications by supporting contract calls initiated by contract-based wallets, combined with asset bridging containing arbitrary steps and dependencies.

It adapts to most dApp interaction tasks that traditionally require manual execution. The framework has been launched and is used by popular dApps such as GMX, Benqi, and QuickSwap.

The real-time dApp interaction framework provides decentralized applications with instant and flexible interaction capabilities, which is a huge advantage for applications that require high-frequency updates and instant feedback.

Intelligent Minting

This framework effectively eliminates the need for users to delegate their private keys to third-party robots, highlighting user sovereignty and representing an important advancement in security.

With the introduction of the intelligent minting framework, users can directly control the minting process without relying on external agents, which not only enhances the security of operations, but also strengthens users' control over their assets, playing an important role in protecting user assets and increasing trust.

03 Technological and Mechanism Innovation

From a technical principle perspective, the intent execution network dappOS creates a bilateral market to transform specific value intentions into on-chain results.

On the one hand, service nodes pledge collateral to provide various intent execution services.

On the other hand, it provides developers with an infrastructure to efficiently generate intent tasks to meet the needs of users to transform intentions into on-chain results.

The Optimistic Minimum Staking (OMS) mechanism is one of the core innovations of dappOS.

The OMS mechanism requires that intent tasks must have a specific value definition, which means that users receive predetermined compensation if the task fails.

This not only improves the efficiency of task execution but also ensures the security of users' funds. If a task fails, the network will reduce the collateral of the relevant service provider, ensuring that each task either succeeds or compensates the user.

In addition, service providers only need to pledge collateral slightly higher than the total value of the ongoing intent tasks. This setting reduces their burden while increasing fund efficiency, allowing them to provide verifiable value-specific services, and users can enjoy a fast service experience.

Free Market Governance is another major innovation of dappOS, which commercializes intentions, promotes fair competition, and unleashes potential.

Under this governance model, service providers pledge collateral in an open market to provide execution services, creating a competitive environment, reducing costs, and improving service quality.

This governance ensures the openness and transparency of the network and adapts to user needs by dynamically allocating resources and optimizing the network's efficiency and response speed.

04 Audit and Security

As a new technology, security is the primary concern for users. dappOS places great emphasis on security, undergoing comprehensive audit processes and designing structured exit mechanisms to maintain the security and reliability of the network, minimizing the probability of risks.

dappOS v2 has passed security audits by top security companies such as Trail of Bits, Certik, Slowmist, and Secure3, and the corresponding audit reports are publicly available. The audit reports not only demonstrate its security framework but also create confidence for large fund inflows.

The Delayed Exit Mechanism further strengthens security. dappOS has implemented a structured withdrawal delay mechanism for service providers and validators in its intent execution network.

All service providers and validators in the network must adhere to a 14-day withdrawal delay, which is crucial as it takes time to confirm the tasks and responsibilities of service providers.

For service providers, this ensures that any specific value tasks they participate in are fully resolved and undisputed. Similarly, for validators, the delay ensures that any governance actions or challenges have been fully processed and concluded, preventing governance attacks. This mechanism significantly raises the threshold for subjective malfeasance.

These security measures reflect dappOS's commitment to creating a secure, reliable, and transparent ecosystem. Through rigorous audits and withdrawal delay mechanisms, dappOS actively avoids potential security issues, protects users from vulnerabilities, and creates conditions for large fund inflows, ultimately achieving a positive cycle for the ecosystem.

05 Interaction and Participation

dappOS's Execution Validators use a PoS mechanism, and the project is likely to issue tokens to maintain project security, making dappOS highly interactive.

Many leading projects have already integrated dappOS V2, such as GMX, and dappOS has distributed 100,000 ARB to users interacting with GMX.

KiloEx recently integrated dappOS V2, and after one week of integration, the daily trading volume reached a new high of $238 million, with Manta's on-chain DAU increasing by over 3000% and trading volume growing by 217%. Both parties will also jointly distribute airdrops to interacting users.

In addition to interaction, another important way to participate in dappOS is to become an Execution Validator, contributing to the security and stability of the network.

The role of an Execution Validator is to ensure that service providers accurately and correctly complete tasks to maintain the security and stability of the network.

However, compared to interaction, becoming an Execution Validator not only requires users to have a certain level of technical ability but also requires a significant amount of time for maintenance.

If you are interested in becoming an Execution Validator, you can contact the project team via email.

06 Conclusion

The Intent-Centric track is still in its early stages of development, with the primary goal of simplifying the complex interaction logic of Web3 and facilitating the entry of new users into Web3.

If successful, the infrastructure of Intent-Centric will also bring traffic growth to Web3, becoming an essential part of the process for new users to enter Web3, potentially bringing significant capital inflows and market activity, making the narrative very grand.

To get ahead and participate in such a grand potential track, it is necessary to target leading projects with high-quality backgrounds, strong capital support, and the ability to set industry standards.

From dappOS's impressive investment lineup and its high-quality collaborative projects, it has all the conditions to become a leader in the Intent-Centric track.

dappOS's intent-centric infrastructure not only accelerates the popularity of dApps but also makes blockchain applications more easily accepted and used.

Through the various technological innovations in dappOS v2, complex blockchain functionalities become more accessible, allowing ordinary users to enjoy the benefits of Web3 technology. This is the vision of dappOS as the "Windows" of the Web3 field.

dappOS has become an inevitable target for all projects in the Intent-Centric track, and whether the overall market of Intent-Centric can break through as expected remains to be seen.

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