Rabbithole

Rabbithole

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DateInvestorsAmountRound
-investor investor investor

$0.0

round
investor investor investor investor investor investor

$0.0

round
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$18.0m

Series A
Total Funding000k

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RabbitHole is a startup operating in the burgeoning cryptocurrency market. It offers a unique platform that allows users to earn crypto by participating in various cryptonetworks. The more users transact and earn tokens, the more earning opportunities they unlock. This is achieved by using a crypto wallet, which can either be downloaded or connected if the user already has one. Users then start transacting on-chain, collecting tokens to build their on-chain resume, which increases their chances of Quest eligibility.

The company's business model revolves around the completion of on-chain tasks across the crypto ecosystem. Upon completion of these tasks, users return to RabbitHole to verify their completion, mint a Quest Receipt (an NFT or Non-Fungible Token, which is a type of digital asset that represents proof-of-completion of the Quest), and claim their token reward.

RabbitHole also serves protocols, which are rules that define how data is transmitted over a network. It helps distribute ownership into the hands of high-quality users by incentivizing on-chain work. The startup is built on top of the Quest Protocol, which it claims is the best way for protocols to attach any token reward to any on-chain action.

RabbitHole's revenue is likely generated through transaction fees, protocol partnerships, and possibly the sale of NFTs. The company is currently hiring, indicating growth and expansion.

Keywords: Cryptocurrency, Crypto Wallet, On-chain Transactions, Tokens, Quest Eligibility, Quest Receipt, NFT (Non-Fungible Token), Protocols, Quest Protocol, Incentivizing On-chain Work.

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