# Yishay Harel

> Yishay Harel is the co-founder and CEO of Dymension, an innovative ecosystem of deployable, fast modular blockchains known as RollApps, introduced in 2022.

- Canonical URL: https://iq.wiki/wiki/yishay-harel
- Categories: People in crypto
- Tags: Founder
- Created: 2024-01-03T14:23:12.191Z
- Last updated: 2024-01-03T14:23:19.900Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Yishay Harel** is the co-founder and CEO of [Dymension](https://iq.wiki/wiki/dymension), a network of deployable and lightning-fast modular [blockchains](https://iq.wiki/wiki/blockchain) called RollApps. He was involved in raising $6.7 million in a seed funding round for [Dymension](https://iq.wiki/wiki/dymension) in 2023. [\[1\]](#cite-id-fgpcd7d2ep)[\[3\]](#cite-id-jef6f1ray69)  
  
# Dymension  
  
Introduced in 2022, [Dymension](https://iq.wiki/wiki/dymension) is an ecosystem that functions like a full-stack web application. Users interact with RollApps, which are the interactive applications for the Dymension network. The back-end system, Dymension Hub, coordinates the ecosystem, while the data availability networks provide a place to publicize data. [\[2\]](#cite-id-ixxvfftat7e)  
  
> “Dymension makes modular blockchains a reality, today,” explains Yishay Harel.   
>   
> “We’re scaling a network of blockchains with technology capable of making the biggest paradigm shift since Ethereum. Dymension Hub will be the center of a new internet of value, composed of numerous modular blockchains.”  [\[4\]](#cite-id-gvee2fkhjn8)  
  
In February 2023, Dymension raised $6.7 million in a seed funding round. Big Brain Holdings and Stratos led the round, with Matchbox DAO, Shalom Meckenzie of DraftKings, and others participating. The funding was secured via a simple agreement for future tokens (SAFT). Harel began raising for the round in May 2022 and closed it in late 2022 amid widespread crypto collapses. [\[3\]](#cite-id-jef6f1ray69)[\[5\]](#cite-id-icebzonjyy)  
![image](https://ipfs.everipedia.org/ipfs/QmUoDoQHuDyKfnYPhcwXShQA8scqiboohg7sLMUJoz1wKC)  
  
## DYM Genesis Drop  
  
On January 2, 2023, Dymension announced the launch of Dymension's [mainnet](https://iq.wiki/wiki/mainnet), coming soon, marking the introduction of DYM, the native asset of the Dymension protocol. [\[6\]](#cite-id-eqh3mlf5q2k)  
  
DYM's role in the ecosystem is to ensure security, promote growth, and sustain Dymension along with the RollApps built on top of it. [\[6\]](#cite-id-eqh3mlf5q2k)  
  
Until January 21, 2024, eligible addresses may claim their [airdrop](https://iq.wiki/wiki/airdrop) by visiting the dedicated airdrop site. The Genesis Rolldrop represents the start of Rolldrop seasons that will incentivize ecosystem users and builders. An allocation of 70,000,000 DYM (equivalent to 7% of the total supply) will be distributed as part of the Genesis Rolldrop. [\[6\]](#cite-id-eqh3mlf5q2k)