Boba network

Boba network

Verified
Lower gas, faster, secured in Ethereum, supercharged with hybrid compute. Learn more

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20222023
Revenues00000000
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor

$0.0

round
investor

$0.0

round
*

$45.0m

Valuation: $1.5b

Series A
Total Funding000k

Recent News about Boba network

Edit
More about Boba network
Edit

Boba Network is a hybrid blockchain startup that caters to developers looking to build smarter, more dynamic applications. The company operates in the rapidly evolving blockchain technology market, providing a unique multichain layer-2 solution that enables off-chain data and computation. This means that developers can use Boba Network to create applications that are faster, cheaper, and smarter, with the ability to interact with real-world data and other blockchains.

Boba Network's business model is centered around its proprietary technology, HybridCompute™, which brings the capabilities of Web2 on-chain. This allows developers to build decentralized applications (dApps) that can leverage off-chain computation and real-world data, creating a more dynamic user experience. The platform is compatible with Ethereum Virtual Machine (EVM) tools and supports multiple chains including Ethereum, Avalanche, and BNB.

The company generates revenue through network fees, which can be paid in $BOBA, the company's own token, or the protocol’s native currency. This provides a dual fee token system that offers flexibility to its users. Boba Network also provides a robust set of tools for developers, aiming to accelerate their projects and foster the growth of decentralized applications.

In summary, Boba Network is a blockchain technology company that provides a multichain layer-2 solution for developers to build smarter, more dynamic applications. It operates in the blockchain technology market, generates revenue through network fees, and values developers by providing them with a robust set of tools.

Keywords: Blockchain, Multichain Layer-2, Developers, Hybrid Blockchain, Decentralized Applications (dApps), Network Fees, $BOBA Token, Ethereum Virtual Machine (EVM), Off-Chain Computation, Real-World Data.