Umbrella partners with Arthera

Umbrella Network Team
Umbrella Network
Published in
3 min readMar 28, 2024
Umbrella Network partners with Arthera

Umbrella Network is joining forces with Arthera, marking a significant leap forward in enhancing blockchain usability. This partnership underscores a shared commitment to reducing entry barriers and catalyzing growth within blockchain opportunities.

Layer 1 blockchains have indeed evolved, offering better scalability and decentralization. However, the persistent challenge of gas fees and their unpredictability and volatility has proved a major hurdle to retaining users. Arthera introduces a groundbreaking solution to this issue, revolutionizing how we interact with blockchains.

About Arthera

Arthera is an EVM-compatible Layer-1 blockchain with native subscriptions and a DAG-based Proof-of-Stake consensus model.

Thanks to its architecture, Arthera aims to streamline and expand Web3 adoption by removing one of its biggest barriers — unpredictable and volatile transaction costs. Through its subscription-based model (No Gas Pass), Arthera allows users and dApps to operate with sustainable and stable costs, making blockchain technology more accessible and practical for everyday use. With Arthera, millions of transactions can flow smoothly without overwhelming the network, enabling a new generation of Web3 SaaS businesses to flourish.

Another important feature is its EVM compatibility, which allows Arthera to support a wide range of Web3 applications and business models. Whether users choose the subscription model for a gas-free experience or the traditional Pay-as-You-Go method, Arthera’s infrastructure is poised to significantly lower the barriers to blockchain adoption, inviting a more diverse audience to explore its potential.

How Umbrella will support Arthera

This collaboration is a step forward in Umbrella’s mission to support the growth of diverse dApps and ecosystems across the blockchain landscape.

In this partnership we’re set to make available our comprehensive data infrastructure essential for the operation and innovation of Arthera’s projects within its ecosystem. We aim to enhance the growth of the Arthera ecosystem by ensuring that Umbrella’s data solutions are readily available for Arthera projects. Through working closely with these projects, we can create customized solutions that meet their specific needs, thereby fostering an environment ripe for pioneering use cases.

Quotes from both teams

“Umbrella’s robust data solutions empower developers to access a wide range of data through their API, ensuring transparency and reliability on-chain. We warmly welcome Umbrella to Arthera, giving ecosystem developers access to verified, secure and lightning-fast real-world data for smart contracts.

The Umbrella/Arthera partnership not only enhances the functionality of our platform, but also opens the door to myriad tangible business use-cases, providing essential data solutions to address key challenges and drive real-world adoption.” — Laurent Perello, Arthera Co-Founder.

“Arthera’s commitment to eliminating gas fees through their subscription model opens up new avenues for adoption and innovation in the blockchain space. This feature not only makes blockchain technology more accessible but also lays the groundwork for creating more user-friendly dApps. By integrating Umbrella’s data infrastructure within the Arthera ecosystem, we’re set to support developers and projects, enabling them to build and create innovative solutions “, says Philippe, Head of Partnerships at Umbrella.

Conclusion

This partnership represents a significant step forward in onboarding and creating new dApps that use Umbrella’s data solutions and Arthera’s subscription-based model. By providing Arthera with the necessary data infrastructure, Umbrella aims to ensure projects have the tools needed to build.

This collaboration underscores a shared vision for a more interconnected and user-friendly blockchain landscape, where the barriers to entry are lowered, and the potential for groundbreaking use-cases is expanded. Through this partnership, both Umbrella and Arthera are set to drive forward the adoption and development of blockchain technology, offering tailored solutions that cater to the unique demands of their projects and users.

About Umbrella Network

Umbrella Network, is a decentralized oracle service that provides blockchain projects with secure, scalable, and customizable data solutions.

Umbrella offers smart contracts a broad suite of solutions, whether it is high frequency pricing updates, aggregating large volumes of data at scale, or providing tailored price feeds for specific needs. Secured by a network of decentralized community validators, Umbrella can provide any data that you need when you need it.

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Umbrella Network Team
Umbrella Network

Decentralized oracle and data layer offering scalable, customizable and high frequency data on chain.