Thunder Token, Inc.

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Thunder Token, Inc. - overview

Established

2017

Location

Taipei, -, Taiwan - China

Primary Industry

Software

About

Thunder Token, Inc. specializes in providing blockchain technology solutions aimed at enhancing the performance and scalability of decentralized applications (dApps). Their high-performance platform facilitates smart contract execution for various users. Founded in 2017 and headquartered in Taipei, Taiwan, Thunder Token, Inc.


is dedicated to developing a high-performance blockchain platform. The company was established by Chris Wang, who has a background in founding various technology initiatives. As of February 27, 2019, Thunder Token raised USD 50 mn in Series A funding, marking a milestone in their growth with investments from notable firms such as Pantera Capital, Huobi Capital, and others. This total amount raised is USD 50 mn, encapsulating their funding endeavors.


ThunderCore's core offerings focus on blockchain technology solutions designed to enhance speed and scalability for decentralized applications (dApps). The company has developed a high-performance blockchain platform that supports efficient execution of smart contracts, addressing issues of latency and throughput that often hinder traditional blockchain systems. Their platform is particularly popular in Southeast Asia and North America, allowing software developers, enterprises, and end-users to build and deploy dApps seamlessly. ThunderCore's revenue structure primarily comes from partnerships and direct-to-consumer transactions.


They offer subscription-based models granting access to their blockchain services and tools, mainly through their proprietary blockchain infrastructure designed for dApps. The revenue also includes transaction fees associated with smart contract execution and transaction processing, establishing a recurring revenue stream that reflects the value of their technology. Thunder Token, Inc. plans to leverage the recent Series A funding of USD 50 mn raised in February 2019 to expand their product offerings and geographic reach.


They aim to develop new features for their blockchain platform to enhance user engagement and streamline dApp deployment. Additionally, the company is targeting expansion into new markets, specifically in Europe and Latin America, by the end of 2023, to capture a growing demand for innovative blockchain solutions.


Current Investors

ZhenFund, Pantera Capital, Huobi.com

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.thundercore.com

Verticals

Blockchain, Blockchain, FinTech

Company Stage

Series A

Total Amount Raised

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