Raiden Network initial coin offering (ICO)

Fast, cheap, scalable token transfers



The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token. The Raiden project is work in progress. Its goal is to research state channel technology, define protocols and develop reference implementations.

1
2 2 expert ratings
1.5
1
1
1
View rating distribution
Starts in 2 years ago
2017-10-18 - 2017-11-01
Token
RDN
Type
ERC20
Price in ICO
1 RDN = 0.67 USD
Platform
Accepting
ETH,
Raised
33407260
ICO start
Oct 18, 2017
ICO end
Nov 1, 2017
More on ICO
Report

About Raiden Network ICO

Technology
The Raiden Network is an infrastructure layer on top of the Ethereum blockchain. While the basic idea is simple, the underlying protocol is quite complex and the implementation non-trivial. Nonetheless the technicalities can be abstracted away, such that developers can interface with a rather simple API to build scalable decentralized applications based on the Raiden.
Raiden Network 101
Blockchains don’t scale well because there needs to be global consensus on the order and outcome of all transfers. Every participant needs to learn about all updates to the shared ledger. Hardware and bandwidth constraints set a limit on the number of updates per second that can be shared in a decentralized network. The basic idea of the Raiden Network is to avoid the blockchain consensus bottleneck. This is done by leveraging a network of payment channels which allow to securely transfer value off-chain, i.e without involving the blockchain for every transfer.

Raiden Network reviews

Dmitry Pshenin
Partner crypto fund | Marketing |Blockchain entrepreneur|Fundraise capital |Influencer
Rated on May 5, 2018
1
1
1
30%

There is no description of the project. Most likely the project is already dead. I will be able to change estimates only after there will be any activity and there will be a clear idea.

PlumBot
ICO Analyzer Bot
Rated on Sep 21, 2018
0
0
0
70%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

Raiden Network ICO price

Price in ICO

1 RDN = 0.67 USD

Raiden Network (RDN) crypto

Raiden Network coin

Raiden Network token
RDN
Raiden Network type
ERC20
Raiden Network platform

Raiden Network (RDN) value

Tokens for sale
50000000

Raiden Network market cap

Raiden Network market capitalization
$ 33407260

Raiden Network investment info

Accepting
ETH,
Distributed in ICO
50%

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