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Ignite

leading the way in accelerating the world’s transition to a decentralized future

institute type

ecosystem

market cap

no info

institute details

mission & key concepts

We are Ignite. Building upon our legacy, formerly as Tendermint, creators of the Cosmos ecosystem (the world’s largest cross-chain network), we are leading the way in accelerating the world’s transition to a decentralized future.

Creative minds have the power to advance the world and revolutionize how we live. Alongside this, mass adoption of blockchain solutions is critical to drive true global advancement.

Our solutions are developed for global communities to easily build innovative ideas and for people to use decentralized services in their everyday lives.

The Ignite brand reflects the inclusivity and diversity of our evolved vision and mission. It brings technology and creativity together to inspire people to be part of the decentralized era.

By igniting a new age of development and innovation, we show our ability to collaborate with communities — developers, organizations, and individuals who use our solutions as a stepping stone towards the future.

current challengess

We bring simplicity, security, and speed to the world’s blockchains

Over the past two years, Ignite was working on the development and go-to-market strategies of our core products: Ignite CLI, by far the best tool for launching sovereign application-specific blockchains, and Emeris, an intuitive interface for managing accounts and transactions cross-chain.

culture, values, & benefits

We're proud to have onboarded some of the brightest talents in the space from a diverse range of backgrounds, cultures, and disciplines. A company is its people and we had some of the best.

Many companies claim to put their employees first. But at Ignite, we actually do. We recognize the value of your work for its impact—and we won't discount that work based on where it gets done. Driven by a commitment to transparency, trust, and life-changing technology, at Ignite, you're free to do your best work—and get compensated based on your contribution—not your location.

We offer flexible hours, the freedom to work from anywhere in the world, and competitive market-based salaries. And we complement this with additional benefits to help you stay happy and focused—and to foster a sense of belonging that's often overlooked when working remotely.

Our global yet local approach also helps to make Ignite an equal opportunities employer, where inclusivity and diversity are encouraged, and every person is treated with kindness and respect.

History & Achievements

Founded: 2014 by Ethan Buchman and Jae Kwon

Later, the decision was made to reorganize Ignite into three separate entities with smaller teams, greater accountability, and a predetermined amount of runway. These independent entities are Ignite, NewTendermint, and Anamika, with the parent company All in Bits (AiB) providing shared services to each.

Funding

  • Ignite has raised a total of $9M in funding over 3 rounds. Their latest funding was raised on Jun 1, 2019 from a Series A round. It is funded by 5 investors. Hashkey and Bain Capital Ventures are the most recent investors.
  • The org has made 6 investments. Their most recent investment was on Mar 31, 2022, when Composable Finance raised $32M.

Core Team

  • Jae Kwon - President at Interchain Foundation
  • Ethan Buchman - Cosmos co-founder and Informal Systems CEO
  • Peng Zhong - Ignite CEO
  • Denis Fadeev - VP of Product
  • Alessio Treglia - CTO

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