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VRRB Labs

Miami, FL

VRRB is a startup that is building a new, innovative, computationally lightweight block mining and consensus algorithm known as Proof of Claim. Proof of Claim allows for fast, decentralized, fair validation of transactions and block mining. Due to the lightweight nature of the algorithm, launching and running a node will simply be accessible to anyone with a computer. Proof of Claim is a consensus algorithm that aims to solve many of the issues currently present with both Proof of Work and Proof of Stake.

vrrb.io

Company Details

Founded

2020

Employees

Between 5 - 10 employees

Raised

$3,700,000

Headquarters Location

Miami, FL

Public

No

Acquired

No

Founders

Andrew Nicholas Smith
Andrew Nicholas Smith

Company Collections

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VRRB Labs Headquarters Location

Miami, FL 33130

Total Amount Raised: $3,700,000

VRRB Labs Funding Rounds

  • Seed

    $2,300,000

    Seed Investors

    Hyperithm
    NGC Ventures
    Republic Crypto
    Monolith
  • Pre Seed

    $1,400,000

    Pre Seed Investors

    TAUREON
    Jump Crypto
    Big Brain Holdings
Funding info provided by Diffbot.

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