
Relayz
Relayz is a hyper-secure, privacy-preserving, censorship resistant and decentralized communication protocol for Web3.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor investor investor | €0.0 | round | |
* | N/A | 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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Relayz is a company operating at the intersection of blockchain technology and digital communications, providing a decentralized protocol for the Web3 space. The firm was founded in 2020 by a team that includes CEO and co-founder Fernando Martinho, a serial entrepreneur with a background in cybersecurity, AI, data, and blockchain technology. The company's development began between 2020 and 2022, focusing on MVP development and infrastructure setup. Relayz has conducted two funding rounds, including a seed round that closed on August 8, 2023, with participation from investors such as the NEAR Foundation, Geekcartel, K24 Ventures, and Cogitent Ventures.
The core of Relayz's business is its decentralized communication protocol, which is designed to be privacy-preserving, censorship-resistant, and highly secure. This infrastructure is aimed at rectifying the security and privacy shortcomings identified in traditional Web2 communication platforms. The company's business model appears to be centered on building out this protocol and then offering services and tools for developers on top of it. A native utility token, the Relayz Token, is planned for use on the platform, allowing users who stake tokens to access certain services. The roadmap also indicates future revenue streams through subscriptions and a pay-as-you-go model, slated for development in 2024.
The flagship product is Relayz Meet, the first decentralized application (dApp) built on the protocol. This service provides a browser-based, high-definition video conferencing solution accessible on any device. Its key features stem from its Web3 foundation, utilizing technologies like WebRTC for peer-to-peer connections, end-to-end encryption, and decentralized identity (DID) to enhance user security and privacy. Unlike many centralized competitors, Relayz Meet does not store analytics or metadata, ensuring user conversations remain private. The system is designed for a multi-chain future and aims to bridge the gap for Web2 users by offering simple account creation and wallet integration. In the long term, Relayz plans to offer SDKs and tools for other developers to build their own secure communication applications on the Relayz Protocol.
Keywords: decentralized communication, Web3 communication, secure video conferencing, privacy-preserving protocol, blockchain communication, Relayz Meet, end-to-end encryption, censorship-resistant, decentralized identity, DID, WebRTC, P2P communication, crypto communication, Fernando Martinho, NEAR protocol, multi-chain protocol, secure messaging, dApp, utility token, decentralized network, RelyNet, quantum-resistant encryption