TOP Network describes itself as a decentralized open communication network that provides cloud communication services on the blockchain. TOP offers secure, low-cost services such as messaging, calling, video, VPN, CDN, IoT data sharing and more. The long-term mission of TOP Network is to build a public blockchain infrastructure for all Dapps. Its team of 100+ developers is striving for this goal.
TOP Network was designed to be a high-performance public blockchain platform designed to handle real-world business of any size or volume. Its technology stack includes a three-layer network, two-layer sharding, two-layer lattice DAG, and PBFT-DPoS, TOP can reportedly process several hundred thousand transactions per second on the blockchain.
TOP Network originated from the common underlying network layer of Dingtone, CoverMe and SkyVPN, three communication apps built by the TOP team before the blockchain project. These apps, having attracted 80+ million users, will be ported to TOP Network upon the launch of TOP and generate huge volumes of transactions in the TOP ecosystem.
TOP Network was founded by serial entrepreneur Steve Wei and his colleagues in late 2017. Steve was one of the earliest employees of WebEx in the 1990s. After WebEx, he founded a video conferencing software company that was acquired by Huawei in 2010. In 2012, Steve co-founded Dingtone, a public listed company operating popular communication apps such as Dingtone, CoverMe and SkyVPN. TOP Network has closed $15 million early investments from prestigious institutional investors and individual billionaire investors, including DHVC, Fenbushi Capital, NEO Global Capital (NGC), Ontology Global Capital (OGC), LD Capital and more.