Fundraising Fox

Moonbeam

also invests · investor profile

Founded 2020 · 46 employees on LinkedIn · 17 known investors

Moonbeam is an EVM-compatible Layer 1 parachain built on the Polkadot SDK that lets developers build decentralized applications operating across multiple blockchain networks. It provides cross-chain tooling (XCM, xc20, MRL, XCM SDK) and integrations for web3 builders, with an ecosystem of over 300 deployed applications.

Also known as Moonbeam Foundation · Moonbeam Network

Founders & leadership

Moonbeam was founded in 2020 by Derek Yoo.

DY
Derek YooFounder & Core Contributor

Investors · 17

Company profile

researched Aug 2026

Moonbeam is an Ethereum-compatible smart contract platform implemented as a parachain on Polkadot and built with the Polkadot SDK/Substrate framework [2]. It positions itself as a cross-chain connected environment for Web3 applications spanning real-world assets (RWAs), gaming, DeFi and other emerging categories, and advertises connectivity across more than 100 blockchains [0][1]. The network operates alongside Moonriver, a companion network on Kusama, and Moonbase Alpha, a public testnet; documentation covers RPC/WSS endpoints, MetaMask connection and block explorers for each [4][2].

Technically, Moonbeam provides full EVM compatibility and Solidity support so that existing Ethereum contracts can be deployed with minimal changes, adopts Ethereum's H160 account format through a "Unified Accounts" design so a single private key works across Ethereum and Moonbeam, and supports mainstream Ethereum tooling such as Truffle, Remix, Hardhat, Waffle and Scaffold-eth via a set of Web3 RPCs [3]. The team worked with Parity on the Frontier pallet that brings EVM compatibility to the wider Polkadot ecosystem, and introduced XC-20s, a token standard that is simultaneously ERC-20-conformant and a Substrate-native asset, enabling assets such as xcDOT, xcKSM, xcRMRK and xcKINT to move between parachains and Moonbeam's EVM via XCM [3].

In 2026 the project announced a strategic change of direction: on 2026-07-03 it said it would migrate the GLMR token to Base and launch a new Moonbeam Protocol described as a decentralized AI agent communication and settlement network, followed on 2026-07-07 by an equivalent 1:1 migration announcement for Moonriver's MOVR token, with a bridge deadline of 2026-07-31 [0][1]. Third-party coverage reports that the Moonbeam parachain itself will cease operations on 2026-07-31 and that users must move assets off the chain before then [5][6][7].

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Applications live on networkJan 2026over 200 apps live
Average block timeJan 20265 seconds
Average transaction costJan 2026$0.019
Average transactions per blockJan 2026700 transactions
Blockchains connectedJan 2026100+
GitHub commits (moonbeam-foundation/moonbeam)Jan 20262,906 commits
GitHub forks (moonbeam-foundation/moonbeam)Jan 2026383 forks
GitHub stars (moonbeam-foundation/moonbeam)Jan 2026932 stars
Number of collatorsJan 202672 collators
Project count on networkJan 2026262 projects
Security auditsJan 202620 audits
Transaction finalityJan 202630 seconds

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Alchemy29 shared keywordsAlchemy is a platform layer that enables developers to build applications on blockchain networks. The company provides infrastructure and APIs to simplify blockchain development for a global audience.
CoinGecko26 shared keywordsCoinGecko is the world's largest independent cryptocurrency data aggregator, providing comprehensive market data including price, volume, and market capitalization across thousands of cryptoassets. It serves millions of users globally with tools, research, and APIs for cryptocurrency market analysis and insights.
Quicknode22 shared keywordsQuicknode provides blockchain infrastructure services that enable developers and enterprises to build and deploy decentralized applications across multiple blockchains. The platform offers fast, reliable node access and developer tools for Web3 projects ranging from wallets and Layer 1 protocols to gaming and fintech applications.
Ledger21 shared keywordsLedger provides hardware and software cryptocurrency wallet solutions that enable users to buy, swap, earn, and manage digital assets with security features and portfolio tracking capabilities across multiple blockchain networks.
DOT21 shared keywordsPolkadot is an open-source proof-of-stake protocol that links independent blockchains for shared security and cross-chain messaging.
Kraken18 shared keywordsKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.
The Ethereum Foundation18 shared keywordsethereum.org is a public, open-source educational resource and community portal for the Ethereum blockchain network, maintained by a core team and thousands of global contributors. The site serves as an onboarding portal and knowledge hub for developers, users, and those new to Ethereum and cryptocurrency.
MetaMask16 shared keywordsMetaMask is a self-custody crypto wallet that lets users trade, swap, and use tokens, including features like leveraged trading, tokenized stocks and ETFs, spending crypto for purchases via a card, and earning yield. It also provides developer tools for integrating with MetaMask and building on-chain (walletless) decentralized apps.
Coinbase15 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
Bitget14 shared keywordsBitget is a cryptocurrency exchange offering spot trading, futures trading, and copy trading services for users worldwide. The platform provides a secure investment solution for crypto trading with regulatory compliance across multiple jurisdictions.

Companies competing with Moonbeam for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 7

launches, deals, and filings
Jul 2026
Moonbeam network scheduled to cease operations

Wormhole announced that the Moonbeam network will shut down on July 31, 2026; parachain operations are retained during a transition period, after which Portal and Wormhole contributors cannot help recover assets left on the chain. Users of Moonwell, Wormhole and other protocols were urged to withdraw assets, and the GLMR-to-Base migration bridge is expected to close on the same date.

source ↗

Jul 2026
Moonriver announces 1:1 migration of MOVR to Base

Company announcement of a full 1:1 migration of the MOVR token from Moonriver, its Kusama canary network, to Base; the bridge opened immediately and holders were told to act before July 31, 2026.

source ↗

Jul 2026
Moonbeam announces migration of GLMR to Base and a new AI-agent protocol

Company announcement stating the full migration of the GLMR token to Base and the upcoming launch of the new Moonbeam Protocol, a decentralized AI agent communication and settlement network, after years of building on Polkadot.

source ↗

May 2026
Moonwell migrates its governance from Moonbeam to Ethereum mainnet

Lending protocol Moonwell, which operated on Moonbeam, moved its governance to Ethereum mainnet; it had earlier deprecated its Moonriver deployment on 2026-01-29.

source ↗

Mar 2026
Moonbeam publishes 2026 roadmap

Company post 'Moonbeam Roadmap 2026: Scaling for the Next Generation' describes Moonbeam's role within the Polkadot ecosystem as the most Ethereum-compatible environment and a gateway for cross-chain liquidity, applications and users.

source ↗

Jan 2026
Moonwell proposes MIP-M45 to halt lending and borrowing on Moonbeam

Governance proposal MIP-M45 aims to stop all new supply and borrowing activity on Moonbeam and withdraw reserves ahead of the network's closure; affected assets include GLMR, xcDOT, USDC, FRAX and ETH, with no automatic migration for open positions.

source ↗

Jan 2022
Moonbeam launches as first Polkadot parachain with full Ethereum-compatible smart contracts

Reported that Moonbeam was the first parachain on Polkadot to support full Ethereum-compatible smart contracts, having launched on January 11, 2022.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Moonbeam do?
Ethereum-compatible cross-chain smart contract network, built as a Polkadot parachain, now migrating its tokens to Base.
Who founded Moonbeam?
Moonbeam was founded by Derek Yoo in 2020.
Who are Moonbeam's investors?
Moonbeam's investors include Arrington Capital, Aweh Ventures, Coinbase Ventures, CoinFund, Crypto Discover, Cryptonite Capital, D1 Ventures, Digital Finance Group and 9 more.