Spacemesh
Software DevelopmentNew York, United States2-10 Employees
Spacemesh is a software development company based in New York, with a focus on building a layer-one cryptocurrency protocol that leverages unused computer storage space as its primary resource. The approach aims to create a more accessible and decentralized mining model, emphasizing fair distribution of mining rewards to prevent pricing out participants and to support broader participation in crypto and DeFi. The company portrays its work as addressing environmental and inclusivity concerns within the crypto ecosystem by reducing energy intensity associated with traditional mining and by offering a race-free mining model. Targeting individuals and communities seeking an open and distributed crypto infrastructure, Spacemesh positions itself within the blockchain and DeFi space as an alternative that proponents say is more energy-efficient and widely accessible. The organization operates from New York and has publicly highlighted milestones such as the launch of its People’s Coin and the development of open testnets and user-focused tooling in its recent history. These developments indicate ongoing product evolution and effort to widen participation in its protocol.
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