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