Shift - Crunchbase Company Profile & Funding

Overview

Shift

Growth Score

Heat Score

Company Performance Metrics

Score

Trend

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Growth Score - The measure of growth based on company activity, operational metrics, and investments

Growth Trend - The change in the growth score over the given time period

Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity

Heat Trend - The change in the heat score over the given time period

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About Shift

CB Rank

3315755

Shift provide a platform for decentralized applications thanks to the blockchain technology.

Founded

obfuscation

Private

www.shiftnrg.org

Blockchain

Cryptocurrency

Key People

Ralf S.: President & Lead Developer
Will L.: Chief Marketing Officer

Details

Operating Status

Active

Company Type

For Profit

About the Company

Shift is an accessible and open-source blockchain application platform. Developers can create their own decentralized applications (dApp) with the benefit of an easy setup. Each dApp will have its own sidechain that is independent from Shift's main chain, but sidechains can still connect to and synchronize with the main chain. This enables

infinite scalability without endangering the stability of the main chain.

Shift's blockchain technology is written in JavaScript, encouraging mass-adoption since coders are already familiar with this programming language. Every dApp will have access to Shift's own IPFS cluster to store data using a promising peer-2-peer hypermedia distribution protocol, the InterPlanetary File System. The existence of the Shift token —defined as a utility coin — allows every dApp owner to implement an intrinsic monetization model or trading platform for digital assets in their dApp.