Rare Bits

blockchaincryptocurrencyexchanges/trading platform

FOUNDING YEAR: 2017
LOCATION: United States
Last Update: 02/03/2021

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MEDICI Analysis

Rarebits offers a blockchain-based store where users can buy, sell, and trade non-fungible crypto-goods. It acts as a secondary marketplace for blockchain game assets which are based on public ledger technology.

Focus

PRODUCTS & SERVICES

The platform helps users to discover new crypto assets that are launched every day and to provide insights on market-level trends. Additionally, it also helps them to manage their own crypto assets in one place with a visualized wallet experience.

REVENUE MODEL

The company does not charge any commission and thus does not make revenue at its early stage.

People

FOUNDERS

David Pekar

Danny Lee

Amitt Mahajan

Payom Dousti

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Bragiel Brothers

Craft Ventures

First Round Capital

Kindred Ventures

Macro Ventures

Nabeel Hyatt

Robin Chan

Steve Jang

SV Angel

Caffeinated Capital

South Park Commons

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

2

TOTAL FUNDING

$6 M

DATE OF LAST FUNDING

Apr 2018

IPO STATUS

Private

TOTAL FUNDING COMMENT

The company is planning to use the fund to expand operations and develop the platform(April 2018).

ESTIMETED REVENUE RANGE

$1M to $10M

SEED CLOSED ON

Jul 2017

FUNDING SERIES

SERIES A  · $6 M  · Apr 2018

LISTED

NO

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

1,468

AVERAGE VISITS (6 MONTHS)

3,085.52

MONTHLY VISITS GROWTH

40.37%

VISIT DURATION

98

VISIT DURATION GROWTH

2,074.78%

PAGE VIEWS VISIT

2.33

PAGE VIEWS VISIT GROWTH

64.47%

BOUNCE RATE

42.32%

BOUNCE RATE GROWTH

-28.17%

GLOBAL TRAFFIC RANK

4,808,826

MONTHLY RANK CHANGE

-5,016,270

MONTHLY RANK GROWTH

-51.06%

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