About The Root Network
The Root Network is a company based in New Zealand founded in 2022.. The Root Network offers products and services including FuturePass, ROOT Token, Block Explorer, and Bridge. The Root Network operates in a competitive market with competitors including Consensys, Luno, Amber Group, Matrixport and Abra, among others.
- Headquarter New Zealand
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Futureverse Corporation Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$50 K (USD), Token Sale
Nov 21, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of The Root Network
The Root Network offers a comprehensive portfolio of products and services, including FuturePass, ROOT Token, Block Explorer, and Bridge. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure wallet for managing metaverse identity and assets.
Token for staking and earning rewards in the ecosystem.
Platform to navigate and monitor network activities.
Tool for seamless asset transfers between networks.
Funding Insights of The Root Network
- Total Funding Total Funding
- Total Rounds 1
- Last Round Token Sale — $50,000
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First Round
First Round
(21 Nov 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Token Sale - The Root Network | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by The Root Network
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - The Root Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Root Network Comparisons
Competitors of The Root Network
The Root Network operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Consensys, Luno, Amber Group, Matrixport and Abra, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Developer of blockchain and web3 software platform
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Mobile app for storing and trading cryptocurrencies is utilized.
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Blockchain-based financial solutions are offered for crypto trading and payments.
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App-based platform offering crypto investment products and financial services solutions
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| domain | founded_year | HQ Location |
An app-based platform is offered for cryptocurrency trading and investments.
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| domain | founded_year | HQ Location |
Digital wallet for Bitcoin assets
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Root Network
Frequently Asked Questions about The Root Network
When was The Root Network founded?
The Root Network was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is The Root Network located?
The Root Network is headquartered in New Zealand.
What does The Root Network do?
The Root Network was founded in 2022 in New Zealand within the blockchain sector. A public decentralized network is maintained, supporting operations such as a blockchain explorer for content navigation, a bridge for asset transfers across networks, a decentralized exchange for trading, and staking mechanisms for cryptocurrency. A native token is provided for user participation in the ecosystem.
Who are the top competitors of The Root Network?
What products or services does The Root Network offer?
The Root Network offers FuturePass, ROOT Token, Block Explorer, and Bridge.