Company snapshot
| Category | Teleport | Verizon Media (VMDS) |
|---|---|---|
| Status | defunct | defunct |
| Founded | — | — |
| Headquarters | — | — |
| Website | — | — |
| Docs | — | — |
Overview
Teleport was a Solana-based decentralized ridesharing application that leveraged blockchain technology to provide a CDN-like infrastructure for transparent, intermediary-free data delivery. Launched publicly in 2024, it aimed to disrupt traditional ridesharing with smart contracts and crypto payments but ceased operations in 2025 due to insufficient market readiness. The service is now defunct, with no active operations or infrastructure support.
Verizon Media (VMDS), originally Verizon Digital Media Services and formerly known as Edgecast, was a content delivery network (CDN) provider specializing in media and content delivery. Launched as a Verizon division, it served media companies and enterprises with scalable content distribution. In 2021, Verizon sold its media division, including VMDS, to Apollo Global Management, which rebranded it as Edgecast under Yahoo. In June 2022, Limelight Networks acquired Edgecast, forming Edgio. Edgio filed for Chapter 11 bankruptcy in September 2024, shutting down its CDN services on January 15, 2025. Select Edgecast assets were sold to Parler in February 2025 for $7.5 million.
Network & Architecture
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Feature comparison
| Feature | Teleport | Verizon Media (VMDS) |
|---|---|---|
waf | ✗ | ✗ |
bot_mitigation | ✗ | ✗ |
ddos | ✗ | ✗ |
rate_limit | ✗ | ✗ |
http3_quic | ✗ | ✗ |
tls13 | ✗ | ✗ |
tiered_cache | ✗ | ✗ |
origin_shield | ✗ | ✗ |
instant_purge | ✓ | ✓ |
stale_while_revalidate | ✗ | ✗ |
stale_if_error | ✗ | ✗ |
image_optimization | ✗ | ✗ |
video_vod | ✗ | ✗ |
video_live | ✗ | ✗ |
drm | ✗ | ✗ |
hls_dash_packaging | ✗ | ✗ |
websockets | ✗ | ✗ |
signed_urls | ✗ | ✗ |
edge_compute | ✗ | ✗ |
functions | ✗ | ✗ |
kv_storage | ✗ | ✗ |
api_first | ✓ | ✓ |
realtime_logs | ✓ | ✓ |
log_push | ✗ | ✗ |
terraform | ✗ | ✗ |
Legend: ✓ = Supported, ✗ = Not supported, — = Not listed
Pricing
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Integrations & DevEx
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When it fits
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When it doesn’t
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History & Notes
Teleport aimed to create a cost-effective, transparent ridesharing ecosystem using Solana’s blockchain but struggled with low adoption and regulatory uncertainties around crypto payments. The complexity of onboarding mainstream users to a blockchain-based system was a significant barrier. No evidence suggests a revival or successor service as of August 16, 2025.
Verizon Media (VMDS) grew from Verizon’s 2013 acquisition of Edgecast, aiming to compete in media and ad tech. Despite $370 million in platform investment, it struggled against larger competitors. The 2021 sale to Apollo shifted its CDN to Edgecast, which merged with Limelight to form Edgio in 2022. Edgio’s bankruptcy in September 2024, due to accounting issues and debt, led to its CDN shutdown. Parler’s February 2025 acquisition of Edgecast assets supports its own platforms (Parler Social, PlayTV), with 120 former Edgio employees joining and a one-year IP license. The viability of Parler as a general CDN provider remains unclear.