Radworks (RAD) is a community-governed network dedicated to building and funding new, resilient, permissionless technologies aimed at fostering internet freedom. It is the driving force behind Radicle, a sovereign peer-to-peer network for code collaboration built on Git, and Drips, a peer-to-peer fund sharing and splitting solution built on Ethereum. Radworks operates under a decentralized governance system powered by the $RAD governance token.
The project was founded by Monadic, a Berlin-based software company focused on open-source software collaboration, led by Alexis Sellier and Eleftherios Diakomichalis. After the launch of $RAD in 2021, the Radicle Foundation was established to continue coordinating the development of the Radicle project. Today, Radworks is entirely community-governed and funds the development of Radicle and Drips.
What Makes Radworks Unique:
Radworks stands out for its strong commitment to promoting freedom, privacy, and decentralization in technology. By funding and supporting the development of censorship-resistant and decentralized technologies, Radworks empowers builders and creators to collaborate securely and freely. It prioritizes resilience, sustainability, and accessibility, demonstrating the viability of open-source alternatives and upholding technical principles.
Circulation of RAD Tokens:
As of July 18th, 2023, the maximum and total token supply of RAD is 99,998,580, with a circulating supply of 49,829,111 (49.83% of the total token supply). RAD distribution includes allocations to the Community Treasury, Early Supports, Team, Radicle Foundation, Balancer Liquidity Bootstrapping Pool, and Seeders Program.
Security of RAD:
RAD operates on Ethereum, secured by a proof-of-work consensus mechanism. Ethereum miners validate transactions and secure the blockchain, ensuring the security of RAD transactions and operations.
Where to Buy RAD:
RAD is available on various cryptocurrency exchanges including Binance, Coinbase, Mandala Exchange, Huobi Global, Crypto.com Exchange, and Gate.io.
By providing a platform for community governance and funding of decentralized technologies, Radworks plays a vital role in advancing internet freedom and fostering innovation in the blockchain space.
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