
4EVERLAND
V1 Quark:The Paas of Web 3.0.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor investor investor investor | €0.0 | round | |
* | $2.0m | Seed | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
Related Content
4EVERLAND operates as a Web3 cloud computing platform, integrating storage, computing, and network capabilities to facilitate the transition for developers from Web2.0 to Web3.0. Founded in 2021 by Deon Erda, the company is based in Richmond, Australia, with a significant presence in Singapore. 4EVERLAND has secured a total of $3.5 million in funding across two rounds. The initial seed round in August 2021 raised $1.5 million from investors including Fenbushi Capital and FBG Capital. A subsequent round in December 2023 brought in an additional $2 million from participants such as Arweave and Waterdrip Capital.
The company's business model is centered on providing essential infrastructure for Web3 developers on a business-to-business (B2B) basis. It offers a suite of services designed to simplify the development and deployment of decentralized applications (DApps). Clients are typically developers and projects within the Web3 ecosystem, including notable names like Snapshot, SyncSwap, and Taiko. Revenue is generated through a pay-as-you-go model where users consume resources, with monthly revenue reported to be between $40,000 and $50,000. The platform utilizes a dual-token economic system; the '$LAND' token is used for paying for services, while the '$4EVER' token functions as a governance and utility token.
4EVERLAND's product suite is comprehensive, offering decentralized hosting, storage, a global content delivery network (CDN), Remote Procedure Call (RPC) services, Rollup-as-a-Service (RaaS), and AI solutions. Its hosting service allows developers to deploy websites and DApps on various decentralized protocols like IPFS, Arweave, and BNB Greenfield. The storage solutions are compatible with the AWS S3 API, simplifying the adoption of decentralized storage for developers accustomed to Web2 tools. A key feature is the integration with GitHub, which allows for automated deployment from repositories. Furthermore, the platform has ventured into artificial intelligence by launching AI RPC, which provides a unified interface to access various large language models, and AI Worker, for deploying custom AI models.
Keywords: Web3 cloud computing, decentralized hosting, decentralized storage, IPFS, Arweave, DePIN, Rollup-as-a-Service, RPC services, AI RPC, blockchain infrastructure, DApp development, cloud computing platform, B2B infrastructure, Web3 developers, decentralized applications, blockchain technology, BNB Greenfield, Fenbushi Capital, FBG Capital, Waterdrip Capital, dual-token economy, global acceleration gateway