rgray logo
Get Crypto Marketing Service> Get Free Marketing Consultation> Get 100% marketing foundation in 28 days Ad
Shardeum logo

Shardeum ($SHM)

Total Raise: $23,600,000
Date: 19 Oct - 01 Apr

Sharedum is a Layer 1 EVM-compatible blockchain network designed to solve the blockchain trilemma described by Vitalik Buterin with sharding technology. It offers its users increased scalability of over 100,000 TPS while maintaining the same level of security and decentralization as less scalable chain networks, such as Ethereum.

The network is powered by its native $SHM token, which is used for rewarding node validators, paying fees, staking, and facilitating decentralized finance economy on the platform.

Sharedum has already hosted a few private sales, securing over $23.6M from prominent funds including The Spartan Group, Amber Group, Jane Street Capital, and others.

❗️ ❗️ ❗ IMPORTANT:

Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Shardeum Overview

Ticker: $SHM
Country: Switzerland
Founded: 2022
Whitelist: No
Blockchain Network: Shardeum Network
KYC: n/a
Bounty: Yes
MVP: Yes
Type: Equity
Security Audit: Yes

Shardeum Review

Let’s delve deeper into the project and address the question: What is Shardeum?

Shardeum is an EVM-compatible Layer 1 network with a revolutionary approach to scaling its own network - dynamic sharding. It aims to break the trilemma of blockchain networks, enabling the possibility to scale the network without compromising the level of decentralization and security. 

Sharedum offers multiple benefits for both developers and users, including:

  • Improved user experience: The high-speed transactions and low costs allow users to utilize decentralized applications more easily and efficiently.
  • Improved developer experience: Constantly low-cost fees and the ability to write decentralized applications in a language familiar to Ethereum developers make it easier for developers to write code, test it, and debug applications.
  • Increased security of shards: Sharedum is well aware of the risks and weaknesses of sharding networks, and it minimizes them using staking, slashing, standby nodes, and node rotation. The Shardeum network is natively designed with both Proof of Stake and Proof of Quorum consensus mechanisms, which are utilized in the network based on the specific needs of distinct nodes.  

Find more info about the network’s security in Shardeum docs.

To ensure a high level of decentralization and enhance security within the network, Sharedum introduced its native $SHM token. Shardeum coin plays a main role in various functions such as staking and facilitating Proof of Staking mechanism, rewarding nodes, paying fees and incentivizing decentralized economy between the network’s decentralized applications. 

The network has already officially confirmed the Sharedum token release and announced the first phase of the $SHM airdrop.

Considering this information, the CoinLaunch team has analyzed the entire Shardeum crypto project across 8 key areas, including Product, Tokenomics, Security, Digital Marketing, Backers, Partners, Team, and Influencers. We have identified some pros and cons you need to consider before investing in the project or participating in the airdrop.


Shardeum pros:

  • Interesting and unique concept for the network.
  • Over 955K users on the platform.
  • Engaging events and growth marketing activities.
  • Strong PR, SEO, and social media performance.
  • Experienced executive team.
  • Support from numerous tier 1 and tier 2 partners and funds.

Shardeum cons: 

  • Lack of security audits from tier 1 auditors.
  • Initial market cap (16%) is too large compared to the fully distributed value (FDV).

Shardeum Token Economy

Total Raise: $23,600,000
Total Supply: 508,000,000
Private/Pre-sale: 23,600,000 (4.65%)
Public Sale: (0%)
Fully Diluted Valuation (FDV): $508,000,000
Initial Circulation Supply: $81,300,000 (16% of FDV)

Shardeum Token Sale (ICO & IDO) Rounds

Seed: 18 Oct - 19 Oct

Price: $0.8
Tokens for sale: 22,750,000
Raise: $18,200,000
Lock-Up: 3 months cliff, then 2 years daily vesting
Strategic: 07 Jul - 08 Jul

Price: $1
Tokens for sale: 5,400,000
Raise: $5,400,000
Lock-Up: 3 months cliff, then 2 years daily vesting

Shardeum Token Release Schedule

Shardeum Unlock

Shardeum Funds and Backers

The Spartan Group Logo
The Spartan Group
Score: High
5 numbers of
Read More
Amber Group Logo
Amber Group
Score: Medium
5 numbers of
Read More
3 numbers of
Read More
View All

Shardeum Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  26 Feb 2024 Upgrade

Shardeum Team

Nischal Shetty
Nischal Shetty
Co-founder & President
Omar Syed
Omar Syed
Kelsey McGuire
Kelsey McGuire

Shardeum News

Shardeum Roadmap

Q1 2022
  • Demo of EVM integration with Shardus;
  • Shardeum Foundation structured in Switzerland.
Q2 2022
  • Alphanet 1.0 launch;
  • Private sale started.
Q3 2022
  • Alphanet 2.0 launch;
  • Private sale finished.
Q4 2022
  • Liberty 2.1 Upgrade.
Q1 2023
  • Betanet Launch.
Q2 2023
  • Betanet Update.
Q3 / Q4 202
  • Security audit and bug bounties;
  • Scalability Testing;
  • Patent Filing.
Q1 2024
  • Mainnet;
  • TGE.

Shardeum Airdrop & Retrodrop & Bounty

Retrodrop Phase 1
Shardeum logo
Start Date:
22 May 2022
End Date:
01 Apr 2024


Shardeum is an EVM-based Layer 1 blockchain network with dynamic sharding technology. This technology allows for horizontal scaling of the network without compromising security and decentralization. The network operates on two consensus mechanisms: Proof of Quorium (PoQ) and Proof of Stake (PoS).

Both consensus mechanisms are powered by the network's native token, $SHM. The SHM token serves multiple operational purposes, including rewarding node runners, paying fees, and incentivizing the decentralized economy within the Shardeum network.

Read More

Others in past IDO

TeleportDAO logo TeleportDAO (TST)
Total Raise: $9,625,000
17 Mar - 17 Apr
Omni Network logo Omni Network (OMNI)
Total Raise: $18,100,000
17 Apr - 17 Apr
Arrakis Finance Logo Arrakis Finance (N/A)
Total Raise: $4,000,000
20 Dec - 24 Feb
Condom Crypto Logo Condom Crypto ($CONDOMSS)
Total Raise: $906,000
05 Apr - 05 Apr
Share this project:
No comments yet

Get Trust & Increase Conversion Rate

Place the CoinLaunch widget on your website to get trust of the crypto crowd. Make an announcement of the listing on your social media channels and tag our pages for additional traffic.

<a href="https://coinlaunch.space/projects/shardeum/" title="Shardeum ($SHM)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/shardeum.png" width="224" alt="Shardeum ($SHM)"></a>