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Witnet Foundation logo — Witnet is a Decentralized Oracle Network, connecting smart c...

Witnet Foundation

Witnet is a Decentralized Oracle Network, connecting smart contracts to the real world in a trustless way.

Founded 2017 Spain Spain 9 employees Venture round Total: $4.07M Blockchain, Internet

General Information

Company Name Witnet Foundation
Founded Year 2017
Location Spain Spain
Founders / Decision Makers
Team member
Employees 9
Industries Blockchain, Internet
Funding Stage Venture round
Social

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About Witnet Foundation

Witnet Foundation is a decentralized oracle network, known for its slogan "Witnet is a Decentralized Oracle Network, connecting smart contracts to the real world in a trustless way." Founded in 2017 and headquartered in Spain, Witnet operates within the Blockchain and Internet industries, attracting significant attention with its last $3.00M Venture Round investment on 16 August 2018. The investment was secured from notable firms including Reflective Venture Partners, CoinFund, and Oyster Ventures. With its focus on enabling software to access and verify content from any web address without the need to trust any third party, Witnet stands at the forefront of driving trustless connections between smart contracts and real-world data.

Business keywords: Decentralized Oracle Network, Smart Contracts, Blockchain Technology, Open Source Project, Data Integrity, Trustless, Web3, Stampery, Witnet Protocol, Community Collaboration, Data Certification, Blockchain Applications

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Venture Round $3.00M 3
Reflective Venture Partners CoinFund
Reflective Venture Partners, CoinFund +1
16 Aug 2018
Seed Round $1.07M 1
JaMes Sowers
01 Mar 2018

Witnet Foundation Alternatives & Competitors

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FAQ About Witnet Foundation

Witnet is a Decentralized Oracle Network, connecting smart contracts to the real world in a trustless way.
Witnet Foundation was founded in 2017.
Witnet Foundation is headquartered in Spain.
Witnet Foundation operates in Blockchain and Internet. Its work centres on Decentralized Oracle Network, Smart Contracts, Blockchain Technology and Open Source Project.
Witnet Foundation has approximately 9 employees.
Witnet Foundation has completed 2 funding rounds, raising a total of $4.07M. The latest funding stage is Venture round.
Top alternatives and competitors to Witnet Foundation include Stacks, XDC Network, Push Chain, Bunzz, DFINITY. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Witnet Foundation and Stacks are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Witnet Foundation, https://www.bouncewatch.com/company/witnet-foundation, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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