Webacy
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | 179 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
* | $4.0m | Seed | |
Total Funding | €3.6m |
Recent News about Webacy
EditWebacy is a startup focused on providing security solutions for digital assets in the Web3 space. The company primarily serves individuals and organizations that hold blockchain-based assets, such as cryptocurrencies and NFTs (non-fungible tokens). Webacy operates in the rapidly evolving market of digital asset protection, which is becoming increasingly important as more people and businesses invest in blockchain technologies.
Webacy's business model revolves around offering a suite of products designed to safeguard digital assets from various risks, including hacking, scams, and loss of access. One of their key innovations is the use of smart contracts—self-executing contracts with the terms of the agreement directly written into code. These smart contracts can securely transfer assets in emergencies, such as the death of the asset owner, without needing traditional keys or passwords.
The company partners with leading marketplaces, NFT projects, DAOs (Decentralized Autonomous Organizations), and online communities to extend its reach and provide its security solutions to a broader audience. By collaborating with these partners, Webacy ensures that a portion of their users can access its services, thereby enhancing the overall security of the Web3 ecosystem.
Webacy makes money through subscription fees and service charges for its various security products. Clients pay for the peace of mind that comes with knowing their digital assets are protected against unforeseen events and malicious activities.
In summary, Webacy is a pioneering company in the digital asset protection space, offering innovative solutions to safeguard blockchain-based assets. It serves a diverse clientele, including individual investors and organizations, and operates through strategic partnerships and a subscription-based revenue model.
Keywords: digital asset protection, Web3 security, blockchain, smart contracts, NFTs, cryptocurrency, hacking prevention, emergency asset transfer, DAOs, online communities.