Balance is an open source blockchain and Ethereum platform that was founded in 2016 by Richard Burton, Ben Baron, and Christian Baroni and is headquartered in Williamsburg, Brooklyn, New York. The platform is split into two parts; a web interface, and a cryptocurrency wallet.
The web interface is called the 'Balance Manager', and it allows users to view and send their ERC20 tokens by connecting with MetaMask, Ledger, and Trezor. The Balance manager is powered by Shapeshift and the 0x protocol. The Balance Wallet is a mobile Ethereum wallet for IOS and Android. It allows users to interact with dApps through its built in QR code scanner that is powered by the WalletConnect Standard. The storage and exchange of tokens on the Balance Wallet is powered by ShapeShift, 0x, Oasis, and Kyber.
Funding
Crowdfunding
On September 16, 2017 Balance raised a round of crowdfunding to further development of its platform. The company raised $1,365,304 from 1454 people and had a company valuation of $10 million.
Timeline
Launch of Balance Manager
In 2018 Balance launched their web application for interacting with popular Ethereum cryptocurrency wallets.
Launch of first IOS app
In 2017 Balance launched their first IOS application.
Crowdfunding
On September 16, 2017 Balance raised a round of crowdfunding to further development of its platform. The company raised $1,365,304 from 1454 people and had a company valuation of $10 million .
Launch of Balance
Balance was founded in 2016 as an open source project to make a nice looking interface for money.
People
Ben Baron
CTO
Christian Baroni
Co-Founder & CDO
Richard Burton
Co-Founder & CEO
Further reading
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Documentaries, videos and podcasts
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Companies
References
Richard Burton (entrepreneur)Categories
Related Topics
Cryptocurrency walletSoftware that uses public-key cryptography to securely store one or more cryptocurrencies such as Bitcoin, Ethereum, etc. in a digital address.
EthereumEthereum is an open-source, public, distributed blockchain computing platform featuring smart contract (scripting) functionality, which facilitates online contractual agreements.
ERC-20 TokenERC-20 is a token standard describing the functions and events that an Ethereum token contract has to implement.
