AERGO
Founded 2018 Β· 20 employees on LinkedIn Β· 6 known investors
AERGO is a blockchain platform positioned for broad, general-purpose use. The page provides no further detail about specific products, customers, or use cases.
Also known as Aergo Β· AERGO Protocol Β· aergo.io
Investors Β· 6
Also in the syndicate Β· 3
Company profile
researched Aug 2026AERGO is an open-source hybrid blockchain smart contract platform for decentralized applications, designed so that the same technology can be deployed as a public chain, private chains and side chains connected through interoperability technology. Its architecture combines a base-layer public protocol with a serverless cloud architecture and data-bridging technology, with the stated aim of letting enterprises share and transfer data across trustless networks while retaining privacy, compliant record-keeping and customization on private deployments.
The platform's smart contract environment uses Lua with SQL support, and the project positions this choice as a way to make contract development accessible to mainstream developers already familiar with SQL. The company publishes claims of 10,000+ transactions per second under a DPoS consensus, roughly 1-second blocks, 7-second finality and a transaction cost of about $0.001, with its live network dated April 2019. Surrounding products include the AERGO Connect browser-extension wallet, the Aergoscan block explorer, the Agora on-chain governance system, and SDKs for Java (heraj), JavaScript (herajs) and Python (herapy). The 2023 "Aergo 2.0" white paper frames the network as decentralized infrastructure for Web3.
AERGO was created as the strategic technology partner of Blocko, a South Korean enterprise blockchain infrastructure provider that had delivered private blockchain products, including its Coinstack product, to enterprises, fintech firms and government bodies since 2014.
Founding story
AERGO was established by Blocko's leadership team of enterprise-IT and blockchain veterans to extend Blocko's private, enterprise blockchain experience into an open-source public platform. Phil Zamani, previously in leadership roles at Red Hat and VMware, served as Founder and Chairman/CEO; Won Beom-Kim as Founder and Chief Scientist; and Hunyoung Park as CTO and board member.
Business model
AERGO operates a public blockchain protocol with an associated AERGO token traded on centralized and decentralized exchanges, alongside enterprise deployments of hybrid public/private blockchain infrastructure developed and supported with Blocko. The website advertises staking programs (HPP Staking) and on-chain governance via AIP proposals and block producer voting.
Network transaction fees are stated at approximately $0.001 per transaction; enterprise solutions and cloud-based application development capabilities are offered to blockchain clients through Blocko.
Traction
The website cites more than 50 enterprise clients and 43 current use cases. Blocko had delivered 23 private blockchain products to enterprises, fintech companies and government bodies since 2014, with named clients including Korea Exchange, Samsung Card, Lotte Card, Hyundai, Kia Motors and a South Korean government body. The core aergo blockchain kernel repository has 217 stars, 52 forks and 3,838 commits; the LiteTree repository has roughly 1,638 stars; the GitHub organization hosts 112 repositories.
Latest developments
The website promotes Aergo 2.0 as decentralized infrastructure for Web3 (2023 white paper), a second season of HPP staking, AERGO Connect 3.0 wallet, and governance voting results for proposals AIP-19, AIP-20 and AIP-21. The GitHub organization shows continued repository activity, including an "llm-service-evm" repository described as an LLM service for HPP.
βΈFull profile β market position, technology, go-to-market, geography, history
Market position
Positions itself as an enterprise-grade alternative to general-purpose smart contract platforms, comparing its throughput, finality and fees directly against Ethereum, Solana and Avalanche, and citing Blocko's status as a large Korean blockchain infrastructure provider with production deployments at major conglomerates.
Hybrid public-to-private deployment model, SQL and Lua smart contract programming rather than Solidity, stated sub-cent transaction fees with 10,000+ TPS, and enterprise track record inherited from Blocko's in-production private blockchain systems.
Technology
Hybrid blockchain architecture mixing a public chain, private chains and side chains linked by interoperability and merkle-bridge technology. Smart contracts are written in Lua with SQL database functionality, backed by sub-projects including LiteTree (a modified SQLite with branches, using LMDB for performance), AergoLite (trustless SQLite replication) and a Sparse Merkle Tree implementation. Consensus is BFT-DPoS; the chain kernel is written in Go and released under the MIT license. Documented milestones include a skeleton release (July 2018), alpha (October 2018), testnet with voting-based BP selection (December 2018), mainnet with 13 block producers (planned March 2019), and a 2.0 roadmap covering DAO, staking/voting rewards, an SQL-enabled alpha net, RAFT for private chains, and two-way swaps with Ethereum and Binance DEX. Server ports are gRPC 7845 and P2P 7846.
Go-to-market
Distribution through Blocko's existing enterprise blockchain client base, an open-source developer ecosystem with public SDKs and documentation, and token listings on exchanges including Coinbase, Binance, Bithumb, Crypto.com, KuCoin, Gate.io, Korbit, GOPAX, GDAC, AscendEX, SushiSwap and KLAYswap.
Enterprises and existing businesses seeking blockchain integration into current IT systems, government bodies and fintech firms via the Blocko relationship, plus DApp developers building DeFi, NFT and gaming applications.
Geography
The 2018 funding announcement was issued from Hong Kong, China, with the affiliated Blocko organization based in South Korea; community and exchange presence is global.
History
AERGO was founded by the leadership team of Blocko, whose blockchain work dates to 2014 and which received a Samsung investment in 2016. Blocko raised $8.9 million in a Series B in June 2018 that included follow-on investment from Samsung Ventures. In November 2018 AERGO announced $30 million in venture funding to build its public blockchain platform. Public roadmap milestones followed with the skeleton release in July 2018, alpha in October 2018, testnet in December 2018, mainnet in 2019 and a 2.0 white paper published in 2023.
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Competitors Β· 10
by search overlap
Companies competing with AERGO for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline Β· 7
launches, deals, and filingsPublication of the Aergo 2.0 white paper describing the network as a decentralized infrastructure for Web3.
The company lists April 2019 as the launch date of its live network, running DPoS consensus with stated 10,000+ TPS and 7-second finality.
Testnet release adding BFT-DPoS with voting-based block producer selection, named accounts, expanded Aergo Lua, an advanced client framework, Hub Enterprise management solution and merkle bridge verification.
AERGO announced it had secured $30 million from investors including Sequoia Capital China, GBIC, Neo Global Capital, Dekrypt Capital, FBG Capital, Arrington XRP Capital, JRR Crypto, Rockaway Capital and Block Crafters Capital, to develop its open-source public blockchain platform, scale R&D and expand its partner ecosystem.
$30M source β
Alpha release with BFT-DPoS consensus (election not integrated), Aergo SQL smart contracts via Lua-jit, the Ship client framework, and client SDKs heraj, herajs and herapy.
Initial platform framework release covering stub DPoS consensus without voting, account model, mempool, p2p networking, aergocli/aergosvr commands and a simple client API.
A Series B round of $8.9 million was raised in June 2018, including a follow-on investment from Samsung Ventures.
$8.9M source β
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 8
primary sources listed
- AERGOaergo.io Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does AERGO do?
- AERGO is an open-source hybrid public/private blockchain smart contract platform using Lua and SQL for enterprise and DApp development.
- Who are AERGO's investors?
- AERGO's investors include WolfEdge Capital, ZMT Capital, Sequoia Capital.