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QLC Chain
A public blockchain for decentralized Network-as-a-Service
About QLC Chain
QLC Chain, which began as Qlink in 2017, operates as a public blockchain platform engineered for Network-as-a-Service (NaaS). The company initiated its journey with a successful Initial Coin Offering (ICO) in December 2017, raising $19.3 million. A significant rebranding occurred in May 2018, when Qlink officially became QLC Chain to better reflect its core mission of applying blockchain technology to the networking industry. Subsequently, in 2023, the project underwent another rebranding to Kepple, aiming to transition from a Web2 to a Web3 framework.
The core business of QLC Chain is to decentralize telecommunication services. This model allows individuals and organizations to become network service providers by leveraging their own resources. The platform facilitates a peer-to-peer marketplace where users can buy and sell connectivity services, such as sharing unused mobile data or providing access to their Wi-Fi connection. The business model targets both individual users and enterprise clients, including global communication service providers, for services like A2P SMS settlement and fraud prevention. Revenue generation within the ecosystem is driven by its native tokens; the QLC token serves as a utility and payment method, while Q-Gas fuels information processing tasks.
Technologically, QLC Chain is built on the NEO protocol and features a distinctive multi-dimensional Block Lattice architecture. This structure is designed to overcome scalability challenges and high transaction fees by giving each account its own blockchain. The platform employs a dual consensus mechanism, combining Delegated Proof of Stake (DPoS) with its proprietary Shannon Consensus, to achieve high transactions per second (TPS) and support a decentralized environment for NaaS-related decentralized applications (dApps). Its product suite includes solutions for A2P SMS settlement, anti-SMS swap measures, and soft-sim identity for IoT devices. For users, QLC Chain developed the Q-Wallet, a mobile application for accessing the ecosystem, and hardware base stations that allow users to provide cell signals and mine tokens.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Sep 2022 | $15M | $60M | Dawnstar Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for QLC Chain is 30 monthly website visits, down 70% over the last three months. QLC Chain's team grew 0% over the past year.
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Dawnstar Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about QLC Chain on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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