R
Rabbithole
Earn crypto by using the latest decentralized apps
About Rabbithole
RabbitHole is a startup operating in the burgeoning cryptocurrency market. It offers a unique platform that allows users to earn crypto by participating in various cryptonetworks. The more users transact and earn tokens, the more earning opportunities they unlock. This is achieved by using a crypto wallet, which can either be downloaded or connected if the user already has one. Users then start transacting on-chain, collecting tokens to build their on-chain resume, which increases their chances of Quest eligibility.
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The company's business model revolves around the completion of on-chain tasks across the crypto ecosystem. Upon completion of these tasks, users return to RabbitHole to verify their completion, mint a Quest Receipt (an NFT or Non-Fungible Token, which is a type of digital asset that represents proof-of-completion of the Quest), and claim their token reward.
RabbitHole also serves protocols, which are rules that define how data is transmitted over a network. It helps distribute ownership into the hands of high-quality users by incentivizing on-chain work. The startup is built on top of the Quest Protocol, which it claims is the best way for protocols to attach any token reward to any on-chain action.
RabbitHole's revenue is likely generated through transaction fees, protocol partnerships, and possibly the sale of NFTs. The company is currently hiring, indicating growth and expansion.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Los Angeles, United States
- Employees
- 8
- Open positions
- None listed
- Dealroom signal
- 65.4/100
- Industry
- Fintech, Education
- Sub-industry
- Crypto and DeFi
- Sector
- Fintech, Decentralised Applications, Web 3.0, Play-to-Earn, Ethereum Ecosystem, Financial Education, Lifelong and Consumer Learning, Crypto and Web3, Hard Tech
- Technology
- Blockchain
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Feb 2022 | $18M | $72M | Greylock Partners | ↗ |
| SEED✓Equity / VC | Jun 2021 | $3.6M | $14M | Slow Ventures · Framework Ventures · ParaFi Capital · Late Checkout | ↗ |
Growth signals
Latest recorded traffic for Rabbithole is 16K monthly website visits, down 11.1% over the last three months. Rabbithole's team declined 11.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Electric Capital
Slow Ventures
Framework Ventures
ParaFi Capital
Late Checkout
Collab+Currency
Series A1 investor entered at this stage
Other known investors4 additional known investors
Castle Island Ventures
Chapter One Ventures- MDMike Duboe
Reverie
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Rabbithole 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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