GoGoPool
Decentralized staking protocol for Avalanche subnets.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $5.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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GoGoPool operates in the blockchain and cryptocurrency market, focusing on the Avalanche ecosystem. The company provides a decentralized liquid staking network and a novel coordination mechanism that simplifies the launch of application-specific chains, known as subnets. GoGoPool serves blockchain developers and investors who are looking to stake their AVAX assets or launch validator nodes. The business model revolves around staking services, where users can stake their AVAX tokens to earn daily rewards. Additionally, GoGoPool offers technical implementation services for businesses looking to integrate Avalanche subnets, including network setup, smart contract development, and system integration. The company generates revenue through staking fees and service charges for technical implementations.
Keywords: Avalanche, blockchain, staking, validator nodes, subnets, decentralized, liquid staking, smart contracts, technical implementation, AVAX.
