RadworksRadworks price 

RAD

What is Radworks (RAD)? - Radworks is a community-governed network that builds & funds new, resilient, permissionless technologies to cultivate internet freedom. It is the community behind Radicle, a sovereign peer-to-peer network for code collaboration built on top of Git, and Drips, a peer-to-peer fund sharing and splitting solution built on Ethereum. Radworks is run by a decentralized governance system, powered by the $RAD governance token. - Who are the founders of Radworks? - The Radworks project was founded by Monadic, a Berlin-based software company working on open-source software collaboration. Monadic was led by Alexis Sellier and Eleftherios Diakomichalis who spawned the open-source project Radicle.

    After $RAD launched in 2021, the Radicle Foundation was founded to continue coordinating the development of the Radicle project. Now, Radworks is entirely community-governed and funds the development of two open-source projects, [Radicle](https://radicle.xyz/) & [Drips](https://www.drips.network/).
    

• What Makes Radworks Unique?

  • Radworks is unique in its strong commitment to promoting freedom, privacy, and decentralization in the realm of technology. With a focus on funding and supporting the development of censorship-resistant and decentralized technologies, Radworks empowers builders and creators to collaborate securely and freely. What sets Radworks apart is its dedication to cultivating an ecosystem that prioritizes resilience, sustainability, and accessibility. By demonstrating the viability of open-source alternatives and upholding technical principles, Radworks not only funds innovative projects but also actively works to create a culture conducive to internet freedom and operates in a manner that aligns with its values and organizational principles.

• How Many Radworks (RAD) Tokens Are There in Circulation?

  • As of July 18th 2023, the maximum and total token supply of RAD token is 99,998,580. The current circulating supply is 49,829,111 (49.83% of the total token supply). RAD is distributed as follows:
    • 50% Community Treasury (vesting over 4 years)
    • 20% Early Supports (1-year lock-up)
    • 19% Team (1-year lock-up, 4 years vesting from join date)
    • 5% Radicle Foundation (1-year lock-up)
    • ~4% Balancer Liquidity Bootstrapping Pool
    • 2% Seeders Program (Partners) (1-year lock-up)

• How Is RAD Secured?

  • Radworks’ governance token $RAD runs on Ethereum, which is secured by a proof-of-work consensus mechanism that requires miners to mine new Ether. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.

• Where Can You Buy RAD?

  • RAD is available on Binance, Coinbase, Mandala Exchange, Huobi Global, Crypto.com Exchange, and Gate.io. If you want to learn more about how to start buying cryptocurrencies, you can read more in our guide.