Den

Den

Get your transactions built & signed. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD15—23m (Dealroom.co estimates Feb 2023.)
New York City New York (HQ)

Financials

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Revenues, earnings & profits over time
USD2022
Revenues<1m
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Recent News about Den

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OnChainDen is a forward-thinking startup dedicated to accelerating the transition to a crypto economy. The company focuses on providing tools and services that help crypto-native teams efficiently build and sign on-chain transactions. On-chain transactions are those that occur directly on a blockchain, ensuring transparency and security.

Currently, OnChainDen's product is in a private beta phase, serving some of the most innovative Decentralized Autonomous Organizations (DAOs) in the world. DAOs are organizations that are run by rules encoded as computer programs on a blockchain, eliminating the need for a central authority. This positions OnChainDen at the cutting edge of the Web3 space, which is the next generation of the internet based on blockchain technology.

The company's business model revolves around offering specialized software solutions to these DAOs. By providing a platform that simplifies and speeds up the process of building and signing on-chain transactions, OnChainDen adds significant value to its clients. This value proposition is particularly appealing to DAOs, which require efficient and secure transaction processes to operate effectively.

OnChainDen generates revenue through subscription fees and possibly transaction fees for the use of its platform. As the product is currently in private beta, the company is likely refining its pricing strategy based on user feedback and market conditions.

The startup is well-funded and backed by prominent organizations and individuals in the Web3 space, indicating strong investor confidence and financial stability. This backing not only provides financial resources but also adds credibility to the company's mission and operations.

OnChainDen is actively hiring software engineers who are passionate about contributing to the crypto economy. This indicates a focus on growth and continuous improvement of their product offerings.

In summary, OnChainDen is a promising startup that provides essential tools for DAOs to manage on-chain transactions efficiently, backed by strong financial support and a clear mission to advance the crypto economy.

Keywords: Crypto, Blockchain, DAOs, On-chain Transactions, Web3, Software Solutions, Private Beta, Subscription Model, Financial Backing, Hiring Engineers.