Overview

What is MultiVM:

• MultiVM is a singular Multi-Virtual-Machine execution layer implemented as an Ethereum Layer 2
• Current status:
  • internal devnet version featuring EVM, SVM, and a Risc-based VM, named Fragment VM
• Next step on our roadmap:
  • Launching the public testnet

PACs:

We have purposefully built MultiVM to onboard successful projects in the Web3 space in the most cost effective way with the lowest possible project acquisition cost

• We define this as PACs
  • think about PACs as traditional CACs

It is counter intuitive at first, but we have gathered significant data to prove our go-to-market strategy.

Big projects, Market Makers, Traders - let's define them as "whales" decide where to expand their activities based on the following decision making process:

A) Money

• Some networks running an EVM get quoted $25m just for the integration of Chainlink
• Etherscan charges approx. $1m
• Aave, Uni, etc. charge similar figures
• Current rates have likely increased and are rising since we are in a new bull market and there is more and more flavors of EVM (Neon, Monad, SEI, etc.)
• Solana projects like Jupiter or Marginfi will charge similar figures
• It is expected that rates will rise for Solana projects as well, as Solana is growing and Eclipse will be offering a new flavor of SVM, with more flavorings expected in the future by new SVM projects
• The same goes for Market Makers; Wintermute will charge fixed integration fees + monthly retainers for on-chain market making

B ) Technology & Implementation Costs

• Integration fees are also determined by the actual cost of integration of new technologies
  • Simple example: Even if Aptos could come to an agreement with Uniswap for an integration, they would charge the whole development at least 2x more (compared to a flavor of EVM) as Uniswap would have to code a whole new project in the Move Language, designed for the Aptos VM
    • Same goes for bridges, market makers, etc.