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Balance (cryptocurrency)

Balance (cryptocurrency)

Balance is a web interface and Ethereum cryptocurrency wallet that allows its users to view and send Ethereum and ERC20 tokens.

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

January 1, 2018

Launch of Balance Manager

In 2018 Balance launched their web application for interacting with popular Ethereum cryptocurrency wallets. 

January 1, 2017

Launch of first IOS app

In 2017 Balance launched their first IOS application. 

September 16, 2016

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 . 

January 1, 2016

Launch of Balance

Balance was founded in 2016 as an open source project to make a nice looking interface for money.

People

Name
Role
LinkedIn

Ben Baron

CTO



Christian Baroni

Co-Founder & CDO



Richard Burton

Co-Founder & CEO



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