Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues<1m
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DateInvestorsAmountRound

$5.0m

Seed
Total FundingAUD7.7m

Recent News about Railgun

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RAILGUN operates within the decentralized finance (DeFi) sector, offering a comprehensive privacy toolkit that ensures secure and encrypted transactions. The platform is governed by the RAILGUN DAO, a decentralized autonomous organization where members can stake tokens to participate in governance and earn rewards. RAILGUN serves DeFi users who prioritize privacy in their financial transactions, allowing them to manage their finances without leaking valuable data. The system is fully decentralized and operates on multiple blockchain ecosystems including Ethereum, Polygon, BSC, and Arbitrum. RAILGUN's business model revolves around providing privacy solutions through smart contracts, enabling users to swap, transfer, lend, and earn on their preferred blockchain. The platform makes money through staking and governance participation, as well as by offering tools like the RAILGUN Quickstart SDK and RAILGUN Connect for developers to integrate privacy features into their decentralized applications (dApps). The privacy system employs Zero Knowledge (zk) SNARKs to ensure that tokens, balances, and transactions are encrypted, counteracting services that label or identify notable wallets. This makes it difficult for freeloading actors to reverse-engineer trading strategies. RAILGUN also provides anonymized analytics to further protect user privacy.

Keywords: DeFi, privacy, encrypted transactions, decentralized, smart contracts, DAO governance, zk SNARKs, blockchain, staking, anonymized analytics.