KYVE
A next-generation protocol that enables data providers to seamlessly store and reliably verify their data streams.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor | €0.0 | round |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
* | $9.0m Valuation: $100m | Late VC | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 90 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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KYVE Network is a pioneering startup that focuses on transforming how data is accessed and managed in the decentralized world, specifically within the Web3 ecosystem. The company provides innovative tools for decentralized data validation, ensuring that data remains unaltered and easily retrievable. This is crucial for maintaining trust and transparency in blockchain applications.
KYVE serves a diverse range of clients, including data engineers, Web3 developers, protocol developers, and validators. These clients rely on KYVE to ensure that the data they use and share is accurate, immutable (cannot be changed), and easily accessible. By offering a robust platform for data validation and retrieval, KYVE helps these professionals build more reliable and efficient decentralized applications.
Operating within the rapidly growing blockchain and Web3 market, KYVE addresses a critical need for trustworthy data management. The company's business model revolves around providing access to its platform and tools, which clients can use to validate and retrieve data. KYVE makes money through a combination of subscription fees, transaction fees, and possibly token-based incentives, which are common in the blockchain industry.
KYVE's platform is designed to be user-friendly, enabling clients to sync data across networks with just a few clicks. This ease of use, combined with the platform's powerful capabilities, positions KYVE as a key player in the decentralized data space. The company is also focused on community growth and strategic partnerships, which are essential for expanding its reach and impact.
In summary, KYVE Network is at the forefront of making data a public good in a trustless ecosystem. By providing fast and easy tools for decentralized data validation and retrieval, KYVE is enabling a new era of transparency and reliability in the blockchain world.
Keywords: decentralized data, blockchain, Web3, data validation, immutability, data retrieval, trustless ecosystem, protocol developers, validators, KYVE Network.