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QLC Chain

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A public blockchain for decentralized Network-as-a-Service

Southern District, Hong KongFounded 2017Telecom
Valuation $50–100M Last recorded · 2022
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for QLC Chain and the history behind them.

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 data

At a glance

Status
Operational
Founded
2017
Headquarters
Southern District, Hong Kong
Employees
6
Open positions
None listed
Dealroom signal
25.3/100
Industry
Telecom
Sector
Telecom
Business model
SaaS
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Sep 2022 $15M $60M Dawnstar Capital ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021 —
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Growth signals

QLC Chain website traffic

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.

Latest monthly visits30 3-month web change-70% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Dawnstar Capital
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about QLC Chain on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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