{"id":"yishay-harel","version":1,"language":"en","title":"Yishay Harel","hidden":false,"content":"**Yishay Harel** is the co-founder and CEO of [Dymension](https://iq.wiki/wiki/dymension), a network of deployable and lightning-fast modular [blockchains](https://iq.wiki/wiki/blockchain) called RollApps. He was involved in raising $6.7 million in a seed funding round for [Dymension](https://iq.wiki/wiki/dymension) in 2023. [\\[1\\]](#cite-id-fgpcd7d2ep)[\\[3\\]](#cite-id-jef6f1ray69)  \n  \n# Dymension  \n  \nIntroduced in 2022, [Dymension](https://iq.wiki/wiki/dymension) is an ecosystem that functions like a full-stack web application. Users interact with RollApps, which are the interactive applications for the Dymension network. The back-end system, Dymension Hub, coordinates the ecosystem, while the data availability networks provide a place to publicize data. [\\[2\\]](#cite-id-ixxvfftat7e)  \n  \n> “Dymension makes modular blockchains a reality, today,” explains Yishay Harel.   \n>   \n> “We’re scaling a network of blockchains with technology capable of making the biggest paradigm shift since Ethereum. Dymension Hub will be the center of a new internet of value, composed of numerous modular blockchains.”  [\\[4\\]](#cite-id-gvee2fkhjn8)  \n  \nIn February 2023, Dymension raised $6.7 million in a seed funding round. Big Brain Holdings and Stratos led the round, with Matchbox DAO, Shalom Meckenzie of DraftKings, and others participating. The funding was secured via a simple agreement for future tokens (SAFT). Harel began raising for the round in May 2022 and closed it in late 2022 amid widespread crypto collapses. [\\[3\\]](#cite-id-jef6f1ray69)[\\[5\\]](#cite-id-icebzonjyy)  \n![image](https://ipfs.everipedia.org/ipfs/QmUoDoQHuDyKfnYPhcwXShQA8scqiboohg7sLMUJoz1wKC)  \n  \n## DYM Genesis Drop  \n  \nOn January 2, 2023, Dymension announced the launch of Dymension's [mainnet](https://iq.wiki/wiki/mainnet), coming soon, marking the introduction of DYM, the native asset of the Dymension protocol. [\\[6\\]](#cite-id-eqh3mlf5q2k)  \n  \nDYM's role in the ecosystem is to ensure security, promote growth, and sustain Dymension along with the RollApps built on top of it. [\\[6\\]](#cite-id-eqh3mlf5q2k)  \n  \nUntil January 21, 2024, eligible addresses may claim their [airdrop](https://iq.wiki/wiki/airdrop) by visiting the dedicated airdrop site. The Genesis Rolldrop represents the start of Rolldrop seasons that will incentivize ecosystem users and builders. An allocation of 70,000,000 DYM (equivalent to 7% of the total supply) will be distributed as part of the Genesis Rolldrop. [\\[6\\]](#cite-id-eqh3mlf5q2k)","summary":"Yishay Harel is the co-founder and CEO of Dymension, an innovative ecosystem of deployable, fast modular blockchains known as RollApps, introduced in 2022.","categories":[{"id":"people","title":"people"}],"promoted":0,"tags":[{"id":"Founders"}],"metadata":[{"id":"references","value":"[{\"id\":\"fgpcd7d2ep\",\"url\":\"https://twitter.com/yishayRL\",\"description\":\"twitter profile \",\"timestamp\":1704288825626},{\"id\":\"ixxvfftat7e\",\"url\":\"https://dymension.xyz/\",\"description\":\"dymension website\",\"timestamp\":1704290408100},{\"id\":\"jef6f1ray69\",\"url\":\"https://www.theblock.co/post/210093/modular-blockchain-dymension-raises-6-7-million-in-private-token-round\",\"description\":\"Modular blockchain Dymension raises $6.7 million in private token round\",\"timestamp\":1704290538618},{\"id\":\"gvee2fkhjn8\",\"url\":\"https://www.tipranks.com/news/article/dymension-fundraises-6-7m-for-scaling-the-cosmos-ecosystem\",\"description\":\"Tipranks - Dymension Fundraises $6.7M for Scaling the Cosmos Ecosystem\",\"timestamp\":1704290640295},{\"id\":\"icebzonjyy\",\"url\":\"https://cryptoslate.com/press-releases/dymension-raises-6-7m-and-releases-testnet-for-a-network-of-modular-layer-2-rollapps/\",\"description\":\"Dymension Raises $6.7m and Releases Testnet for a Network of Modular Layer-2 RollApps\",\"timestamp\":1704291090671},{\"id\":\"eqh3mlf5q2k\",\"url\":\"https://medium.com/@dymension/genesis-rolldrop-the-first-rolldrop-season-219c8b5ea16e\",\"description\":\"Genesis Rolldrop: First Rolldrop Season\",\"timestamp\":1704291268676}]"},{"id":"website","value":"https://dymension.xyz/"},{"id":"twitter_profile","value":"https://twitter.com/yishayRL"}],"user":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb"},"author":{"id":""},"media":[{"name":"image","size":"0.04","id":"QmUoDoQHuDyKfnYPhcwXShQA8scqiboohg7sLMUJoz1wKC","type":"GALLERY","source":"IPFS_IMG","hash":"QmUoDoQHuDyKfnYPhcwXShQA8scqiboohg7sLMUJoz1wKC"}],"views":0,"events":[{"title":"Dymension Raises $6.7 million","description":"In February 2023, Dymension raised $6.7 million in a seed funding round. ","link":"https://www.theblock.co/post/210093/modular-blockchain-dymension-raises-6-7-million-in-private-token-round","date":"2023-02","type":"DEFAULT"}],"images":[{"id":"QmUmUPhavBozVFvmxVFZn43haxKVp6VWfKQDk8EB2saEo6","type":"image/jpeg, image/png"}]}