Picasso is a Composable finance's Parachain designed to be maximally useful for DeFi developers to build on. More specifically, it will be optimized for the innovation, construction, maintenance, symbiosis, and success of decentralized financial tools on Polkadot.
Picasso is more than just another piece of our cross-chain interoperable infrastructure; it sets the stage for Composable to deliver a comprehensive decentralized finance ecosystem to Polkadot.
Composable’s Picasso parachain aims to create a comprehensive DeFi ecosystem on Polkadot. This landscape will be optimized for the development of decentralized financial applications, providing developers with all of the tools and support they need to create powerful and interoperable dApps that deliver new and improved utilities to users.
While projects operating along Polkadot and Kusama will have access to each other, forming an ecosystem, this ecosystem is projected to develop quite slowly, with cross-chain message passing being enabled eventually.
Thus, there is a need for a well-maintained parachain that enables people to deploy their own products, without needing to obtain and maintain their own entire parachain. At this time, there is no option for finding a parachain with the basic DeFi primitives. Further, there is no solution for developers to build on a parachain and vote on which pallets they want added to it.
Therefore, parachains are presently incredibly inaccessible and can be difficult to work with, despite their high demand and high potential
Through its subsidiaries, Advanced Blockchain AG incubated Composable Finance on the technical side and provided the intellectual property for Composable. During this period, Cosmin Grigore was the Lead Developer on the project. This incubation was completed alongside top-tier Web 3.0-focused venture capital firm Rarestone Capital, which assisted with product strategy and rollout for Composable Finance. Subsequently, Composable Finance was spun out, retaining Cosmin as its CEO. Advanced Blockchain also reinvested into Composable.
Cosmin Grigore | CEO
0xbrainjar | Head of Product
0Xvatbrain | Lead Polkadot Developer
Nanni Sackmann | Head of People and Operations
Rob Zhuang | Project Lead
Kirill Podchishchalov | Business Development
Seun Lanlege | Rust/Substrate Lead
Nymph | Researcher/Developer Relations
Karel Kubat | Tech Lead/Experimental Pallets
Douglas Kuhn | DevOps/Rust Engineer
Mayowa Tudonu | Solidity Engineer
0xde5e501516e18 | Solidity Developer
Filip Laurentiu | Solidity Developer
Victor Nwagbogwu | Solidity Developer
Pepe Blasco | Solidity Developer
Filip Kalebo | Rust Developer
Mohammad Mahmoodian | Backend Developer
Antonio M. Larriba | Cryptography Researcher
OxComposableLyon | Cryptography Researcher
Danny Wang | Community Manager
Sydney Sweck | Content Lead
Haroon Baig | Content Writer
Advanced Blockchain AG - Rarestone Capital