RChain Cooperative

RChain Cooperative

RChain is a cooperative building a blockchain platform and tools to enable social coordination in robust, secure, and scalable ways.

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DateInvestorsAmountRound
-investor

€0.0

round

$29.7m

ICO
Total Funding000k
Kit Blake
Kit Blake(exited)

Financials

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-6 %--
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

Notes (0)
More about RChain Cooperative
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RChain operates as a layer 1 blockchain platform, meticulously designed to support decentralization, on-chain data management, and the scaling requirements of Web3 applications. The platform is built to facilitate a decentralized network by expanding the number of external third-party validators that secure the network. RChain's cooperative governance model and sustainable economic framework aim to address global challenges such as climate change, digital identities, and global cooperation. The platform is energy-efficient, boasting a thousand times less energy consumption while delivering a thousand times superior throughput compared to traditional systems. RChain serves a diverse range of clients, including developers, enterprises, and organizations looking to leverage blockchain technology for decentralized applications and services. The company operates in the blockchain and Web3 market, focusing on providing scalable and secure solutions for decentralized applications. RChain's business model revolves around staking, transaction fees, and cooperative membership, generating revenue through these channels. The cooperative model unites members in building technology and social tools aimed at creating positive, real-world impact.

Keywords: blockchain, decentralization, Web3, cooperative governance, sustainable economics, staking, validator nodes, digital identities, climate change, scalability.

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Investments by RChain Cooperative

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