Decred

company

About

Decred is an open and progressive cryptocurrency with a system of community-based governance integrated into its blockchain.

Details

Last Funding Type
Series Unknown
Industries
Bitcoin,Cryptocurrency,FinTech
Founded date
Feb 8, 2016
Number Of Employee
11 - 50
Operating Status
Active
Also Known As
Decred Holdings Group LLC

Decred is a cryptocurrency, similar to Bitcoin, with a strong focus on community input, open governance and sustainable funding and development. It utilizes a hybrid “proof-of-work” and “proof-of-stake” mining system to ensure that a small group cannot dominate the flow of transactions or make changes to Decred without the input of the community. A unit of currency is called a ‘decred’ (DCR). To ensure the integrity of the currency and prevent people from making fraudulent transactions or creating their own coins, Decred uses a method of recording transactions known as a blockchain.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Decred has raised a total of — in funding over 2 rounds. Their latest funding was raised on Jun 14, 2018 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 14, 2018 Series Unknown 3 BlueYard Capital Detail

Investors

Number of Lead Investors
Number of Investors
1
3
Decred is funded by 3 investors. BlueYard Capital and Inflection are the most recent investors.
Investor Name Lead Investor Funding Round
BlueYard Capital Yes Series Unknown
Inflection Series Unknown
Placeholder Series Unknown

Employee Profiles

Number of Employee Profiles
7
Decred has 7 current employee profiles, including Executive Jacob Yocom-Piatt
Executive
Executive
Executive
Executive