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Radworks

RAD

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About Radworks

$RAD is an Ethereum token that powers the Radworks ecosystem. Radworks is a community-governed organization that funds new, resilient, permissionless technologies to cultivate internet freedom. It is the organization 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 a community-governed network that seeks to cultivate internet freedom by building and supporting new, resilient, permissionless technologies. The network is the driving force behind Radicle, a peer-to-peer network for code collaboration built on Git, and Drips, a peer-to-peer fund sharing and splitting solution built on Ethereum. Radworks operates under a decentralized governance system, represented by the $RAD governance token. The network's commitment to promoting freedom, privacy, and decentralization in the technology realm distinguishes it. It aims to empower builders and creators to collaborate with freedom, fostering an ecosystem that prioritizes resilience, sustainability, and accessibility.

Radworks operates through a decentralized governance system, powered by the $RAD governance token. This system allows the community to have a say in the direction of the network's efforts and the projects it supports. Radworks is composed of Orgs, which represent different groups of contributors supported from its treasury. To obtain support, Orgs must pass annual budget proposals through Radworks governance. Each Org has the autonomy to choose its governance models, manage its resources, and run its organizations. Radworks currently supports the development of two technologies: Radicle, a peer-to-peer network for code collaboration, and Drips, a peer-to-peer fund sharing and splitting solution.

Radworks aims to support and foster the development of censorship-resistant and decentralized technologies, thereby empowering builders and creators to collaborate with freedom. The network's primary use cases revolve around its two main projects: Radicle and Drips. Radicle is a peer-to-peer network for code collaboration, providing a decentralized alternative for code collaboration. On the other hand, Drips is a peer-to-peer fund sharing and splitting solution, enabling new value flows for developers to receive resources from their users and supporters. By endorsing and providing resources to builders of these technologies, Radworks seeks to contribute to a more decentralized future for software development.

Radworks was founded by Monadic, a Berlin-based software company focused on open-source software collaboration. The project was initially known as Radicle, an open-source project aimed at re-imagining free and open-source software collaboration with protocols. In 2021, the Radicle Foundation was established to coordinate the development of the Radicle project. The network's native governance token, $RAD, was launched, leading to the formation of the RadicleDAO, which allowed the community of $RAD holders to govern the project's Treasury and smart contracts. In May 2023, the project split into two products: Radicle and Drips, both of which became independent, DAO-supported Orgs within the DAO, now known as Radworks. Today, the community continues to collectively govern the Radworks treasury, supporting Orgs that align with the Radworks purpose.

Market

Market stats

Market cap

$82.4M

Volume (24h)

$5.2M

Circulating supply

51.8M RAD

Typical hold time

7 days

Popularity

#459

All time high

$3.58

Price change (1h)

-0.63%

Price change (24h)

-1.43%

Price change (7d)

-8.62%

News about Radworks

The Block • May 02, 24

MicroStrategy plans to launch decentralized ID solution: report

Microstrategy unveiled plans to launch a decentralized identity solution at a business presentation, according to an influencer on X.

Read more

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Bitcoin Magazine • May 02, 24

Texas A&M Professor to Launch Bitcoin Research Institute

Texas A&M Professor Korok Ray announced the launch of the Bitcoin Research Institute to explore the integration of Bitcoin and artificial intelligence.

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News Article Image

Decrypt • May 02, 24

MicroStrategy Is Building ‘Decentralized ID’ on Bitcoin Using Ordinals-Like Inscriptions

Michael Saylor announced the Orange protocol for decentralized identification, hoping to anchor digital identities in the dominant blockchain.

Read more

News Article Image

BeInCrypto • May 01, 24

Celestia (TIA) Price Targets $7 as Investors Pull Back

Celestia's price is in a potential reversal stage and could so so only if the altcoin manages to bounce off these key.The post Celestia (TIA) Price Targets $7 as Investors Pull Back appeared first on BeInCrypto.

Read more

News Article Image

Bitcoin Magazine • May 01, 24

MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange

Michael Saylor and the MicroStrategy EVP of Engineering announce the company's latest Bitcoin innovation at MicroStrategy World: Bitcoin for Corporations 2024.

Read more

News Article Image

The Block • May 01, 24

Aave Labs debuts V4 roadmap in series of governance proposal

Aave Labs unveiled its plans for Aave V4, holding up its long list of new and improved protocol features up to public scrutiny.

Read more

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Radworks is on the decline this week.

The price of Radworks has decreased by 0.63% in the last hour and decreased by 1.43% in the past 24 hours. Radworks’s price has also fallen by 8.62% in the past week. The current price is $1.59 per RAD with a 24-hour trading volume of $5.20M. Currently, Radworks is valued at 55.73% below its all time high of $3.58. This all-time high was the highest price paid for Radworks since its launch.

The current circulating supply of Radworks is 51,815,475.446 RAD which means that Radworks has as total market cap of 51,815,475.446.

FAQ

What is the current price of Radworks?

We update our Radworks to USD currency in real-time. Get the live price of Radworks on Coinbase.

What is the market cap of Radworks?

The current market cap of Radworks is $82.40M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Radworks?

The all-time high of Radworks is $3.58. This all-time high is highest price paid for Radworks since it was launched.

What is the 24 hour trading volume of Radworks?

Over the last 24 hours, the trading volume of Radworks is $5.20M.

What other assets are similar to Radworks?

Assets that have a similar market cap to Radworks include MVL, Arcblock, Alpha Finance Lab, and many others. To see a full list, see our comparable market cap assets.

How many Radworks are there?

The current circulating supply of Radworks is 52 million.

What is the typical holding time of Radworks?

The median time that Coinbase customers hold Radworks before selling it or sending it to another account or address is 7 days.

What is the relative popularity of Radworks?

Radworks ranks 182 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Radworks?

Currently, 55% of Coinbase users are buying Radworks. In other words, 55% of Coinbase customers have increased their net position in Radworks over the past 24 hours through trading.

Can I buy Radworks on Coinbase?

Yes, Radworks is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Radworks guide.