Razor Network
Offering most secure, decentralized, and permissionless Oracle network.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor | €0.0 | round |
* | $3.7m | Seed | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Razor Network operates as a decentralized oracle network, delivering secure and reliable real-world data feeds for various blockchain-based applications and services. The company serves clients in the decentralized finance (DeFi) sector, which includes developers, blockchain platforms, and financial institutions seeking trustworthy data for smart contracts and other blockchain functionalities.
Razor Network's business model revolves around its decentralized architecture, which eliminates centralized bottlenecks and enhances security through a dispute escalation and resolution mechanism. This makes the network highly resistant to collusion, bribing, and censorship attacks. The platform is blockchain agnostic, meaning it can be deployed across different blockchain networks, offering scalability and flexibility.
Revenue is generated through transaction fees and block rewards for participants running Razor nodes, who help maintain the network's integrity and performance. The company leverages automated data fetching to ensure speed without compromising security and decentralization.
Keywords: decentralized, oracle network, blockchain, data feeds, DeFi, secure, scalable, dispute resolution, automated, blockchain agnostic.