Intent Execution Network: Unlocking the Key to Blockchain 1995 Moment

Recently, a company focused on intent execution networks completed a $15.3 million Series A financing, with a valuation reaching $300 million, becoming a leading project in this field. This investment demonstrates the recognition of top institutions for the intent-centric infrastructure sector.

It is worth noting that during this bull market, several top projects such as Bittensor (TAO), Celestia, Eigenlayer, and Babylon have been led by the same investment institution, and these success stories demonstrate the potential of the projects invested by this institution to become industry leaders. In addition, this intent-executing network company has also received investment support from multiple top institutions in its seed round.

"Intent Execution" is of great significance in the Web3 space, akin to Windows 95 in the early days of the internet, and is an indispensable part of Web3's mainstream adoption. The concept of intent execution and the company's specific work will be detailed next.

From 50,000 to 1 billion: Windows opens the Internet moment of 1995

Before 1995, users had to operate computers through a command line interface, which required mastering various complex computer commands. While tech experts could use it proficiently, it was too complicated for the average person to learn. As a result, the total number of internet users at that time did not exceed 50,000.

After the release of Windows 95 in 1995, the situation was completely transformed by providing a comprehensive graphical user interface (GUI) and browser. The GUI offered visual and intuitive icons, menus, and windows, greatly simplifying user interaction with computers, allowing users without a technical background to perform complex tasks through simple clicks and drags. This breakthrough caused the number of Internet users to explosively grow from 50,000 to 100 million in a short period.

Intent Execution Network: Windows of Web3, the Key to Unlocking Blockchain's 1995 Moment

Currently, cryptocurrency technology is continuously creating wealth myths, but there are a large number of new groups outside the circle that cannot participate due to threshold issues. This is the most urgent problem at present; insiders want to "break the circle" to attract external groups, while in reality, many newcomers are eagerly waiting outside.

With the development of the L1-L2 layered strategy, the Web3 ecosystem has become further fragmented, and utilizing these diverse and decentralized infrastructures has become a daunting task for users. The development of intent execution networks aims to address these issues, and its significance is comparable to the transformation that Windows brought to the internet.

The current Web3 industry is very similar to the Internet in 1995, having mature infrastructure and professional users, but ordinary users still need to understand a lot of technical concepts to use decentralized applications smoothly. Once the intent-centric era begins, and when these thresholds are reduced to zero, making decentralized applications as easy to use as common mobile applications, the number of users will experience explosive growth.

How to Build Intent Execution Network Infrastructure

The company is building an intent execution network that transforms intents of specific value into on-chain results by creating a bilateral market. On one hand, service nodes stake collateral to provide various intent execution services. On the other hand, it offers infrastructure to developers to efficiently generate intent tasks, meeting the needs of users to convert intents into on-chain results.

The company introduced Optimistic Minimal Staking (OMS), an innovative security mechanism suitable for intent-based tasks. OMS requires each task to be associated with a predefined value and potential compensation in case of failure, allowing tasks to be executed before the results are verified. If a task fails, the network punishes the responsible service provider through a consensus process, ensuring that user-submitted tasks are either executed successfully or receive the predetermined compensation.

The establishment of this infrastructure enables the seamless transformation of user intentions and on-chain results, driving the emergence of a series of revolutionary scenarios:

Unified Account

The company's unified account natively supports intent execution networks, allowing users to seamlessly manage and use assets across various Blockchains, similar to the account experience of centralized exchanges. After assets are purchased with fiat currency or deposited on any chain, users do not need to focus on technical details such as chains or gas payments, and can directly transfer, trade, and seamlessly use them in any decentralized applications that support the network.

Intent Asset

The company has innovatively introduced the concept of intent assets, which can be seamlessly used across different scenarios, handling the complex details behind network processing through intent execution. In simple terms, intent assets can be understood as "Yu'e Bao" in Web3.

For example, the intentUSD issued by the company will serve as an intention asset for the US dollar stablecoin, allowing it to be used as USDT when users need to use USDT, as USDC when USDC is needed, and automatically earn returns when idle. This type of asset addresses the major scenario problems of stablecoins and LSD assets, allowing new users to not have to understand the differences between homogeneous assets.

Real-time Decentralized Application Contract Interaction

The company's intent execution network provides an excellent execution framework for real-time decentralized application interactions. This framework allows users to achieve seamless transitions from the initial state to the final state through a simple signature. In many traditional implementations of intent, there are numerous on-chain operations including cross-chain, asset conversion, authorization contracts, etc., which are essentially means rather than user objectives; however, the company's real-time interaction execution framework allows users to not worry about these intermediate operations, achieving their goals with a single signature, thus optimizing the user experience.

In addition, through mechanisms such as OMS, the real-time decentralized application interactions provided by the company can ensure that all operations throughout the process comply with the decentralization and security standards of Blockchain, while also ensuring operational efficiency and low costs. This approach, which simplifies complex Blockchain operations based on user intent, not only greatly enhances user convenience but also promotes broader applications and development of Blockchain technology.

The "1995 Moment" of Web3

The company not only has a meticulous design for intention execution in its mechanism design but also has many innovations in application scenarios. This is also the reason why it can attract numerous top-tier capital investments.

The company's simplification of user intent execution is reminiscent of Windows 95 from back in the day. Therefore, its significance for Web3 may be comparable to that of Windows 95 for the internet era, warranting our close attention.

In the future, with the company's ongoing development and improvement in the Web3 field, we can expect more innovative applications to emerge, thereby promoting the growth and diversification of the entire ecosystem.

With more users and developers joining, the company has the potential to become a key hub and underlying infrastructure connecting a wide range of Web3 applications and services, just as Windows 95 did for the internet in the past.

When various Web3 applications enter the market in the future, this threshold that must be overcome will be evident. Thus, the company can gain authority over the entire ecosystem from top to bottom, completely opening the access channels between the outside and inside, becoming the ecological infrastructure of the new era, and ushering in the "1995 moment" of Web3.