Airstack

Company Overview

Airstack is an artificial intelligence-powered platform that provides on-chain data across projects and blockchains. Founded by Jason Goldberg, who serves as the Product Lead and CEO, Airstack aims to be the easiest way for developers to build on blockchain networks, particularly focusing on integrations with social protocols like Farcaster.

The company offers a comprehensive suite of APIs, SDKs, and tools that allow developers to easily access and utilize blockchain data across multiple networks. Airstack’s platform is designed to abstract away the complexities of blockchain data retrieval and analysis, making it more accessible for developers to build sophisticated Web3 applications.

Products Overview

Airstack’s product offerings include:

1. Farcaster App APIs: Comprehensive APIs for accessing Farcaster data, including users, casts, likes, frames, recasts, channels, and follows.

2. Airstack Frog Middleware & Recipes: Tools for building Farcaster Frames with easy integration of on-chain data.

3. Airstack frames.js middleware: Middleware for building Frames with seamless integration of various on-chain data points.

4. Airstack Frames SDK: Empowers developers to integrate Airstack’s offerings into Frames using minimal code.

5. Onchain Kit for Farcaster Frames: Enables building Farcaster Frames with on-chain data from various sources.

6. Allow Lists for Frames: Creates dynamic allow lists for real-time user qualification checks for Frames.

7. Abstraction Modules: Including tools for trending mints, recommended users and tokens, on-chain graph analysis, and more.

8. Token APIs: Comprehensive APIs for ERC20 tokens, NFTs, token-bound accounts, balances, holders, transfers, and mints.

9. Social and Domain APIs: Integrations with Farcaster, Lens, ENS, and XMTP.

10. AI Query Engine and AI APIs: Tools for AI-powered querying of blockchain data (with AI APIs in development).

11. Blockchain Support: APIs for multiple blockchains including Ethereum, Base, Zora, Optimism, and others.

Founding Team

The founding team is led by Jason Goldberg, who serves as the Product Lead and CEO. Other key team members include:

• Deepesh KN: Chief Technology Officer
• Sarvesh Jain: Director of Blockchain
• Ignas Peciura: Head of Operations
• Vysakh G Nair: Senior Product Designer
• Gopi Bathala: Lead Backend & Blockchain Developer

The company has a substantial team of over 20 members with various expertise in blockchain development, DevOps, AI/ML, and business development.

Problem and Market Fit

Airstack addresses the complexity and fragmentation in accessing and utilizing blockchain data across different networks and protocols. By providing unified APIs and tools, Airstack simplifies the development process for Web3 applications, particularly those integrating social protocols like Farcaster.

The platform fits into the growing market of blockchain infrastructure and developer tools, catering to the increasing demand for easier ways to build decentralized applications and integrate on-chain data with social layers.

Business Model

While specific details about Airstack’s business model are not explicitly stated in the provided information, it appears to operate on a B2B model, providing APIs and developer tools. The company likely generates revenue through:

1. API usage fees
2. Subscription plans for access to advanced features and higher usage limits
3. Enterprise partnerships and custom solutions

Funding and Runway

Airstack has secured funding from a wide range of investors, including notable venture capital firms and individual investors in the blockchain and tech space. While specific funding amounts are not mentioned, the extensive list of backers suggests substantial financial support. Investors include:

• Dragonfly Capital
• Coinbase Ventures
• Multicoin Capital
• Arrington Capital
• Balaji Srinivasan
• Scalar Capital
• Parafi Capital

Additionally, there are numerous angel investors from prominent tech and blockchain companies.

Competitive Landscape

Airstack operates in the competitive space of blockchain data and developer tools. While specific competitors are not mentioned, the company likely competes with:

1. Blockchain data providers like The Graph, Dune Analytics, and Nansen
2. Web3 development platforms like Alchemy and Infura
3. Specialized social blockchain tools focused on protocols like Lens and Farcaster

Airstack differentiates itself through its focus on social protocols, particularly Farcaster, and its comprehensive suite of tools that combine on-chain data with social data.

Customers

While specific customers are not listed, Airstack mentions that 2,228 builders rely on their platform for billions of API responses monthly. The company has integrations and partnerships with several prominent blockchain projects and protocols, including:

• Farcaster
• ENS (Ethereum Name Service)
• XMTP
• Lens Protocol
• ERC-6551 (TokenBound)
• POAP
• Base
• Zora
• Optimism
• Syndicate

These integrations suggest that many projects building on these protocols are likely customers or users of Airstack’s services.

Relevant News

As of the data provided, there is no specific recent news mentioned. However, the company appears to be actively developing new features, particularly in the AI space, with AI APIs noted as being in development.