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INTERNET | Internet Software & Services / Accounting & Finance
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Founded Year

2017

Stage

Series A | Alive

Total Raised

$13.25M

Last Raised

$10M | 3 yrs ago

About Radar Relay

Radar Relay provides a trustless token trading platform which uses blockchain technology that allows people to trade ERC20 tokens directly from their Web3 or Hardware wallet.

Radar Relay Headquarter Location

824 S. College Avenue

Fort Collins, Colorado, 80524,

United States

Latest Radar Relay News

BitClout’s Alleged Leader Hit With Cease-and-Desist by Prominent Crypto Law Firm

Aug 26, 2021

Updated Mar 24, 2021 at 7:54 p.m. UTC BitClout’s Alleged Leader Hit With Cease-and-Desist by Prominent Crypto Law Firm Brandon Curtis, the product lead for decentralized token exchange Radar Relay, has fired a legal warning shot at the alleged creator of controversial social network BitClout for using Curtis’ likeness without his consent. Anderson Kill P.C., the law firm representing Curtis, has sent a letter to Nadar Al-Naji, formally claiming the former Basis founder breached California’s civil codes. BitClout is a social media network that issues “creator coins” (paid for in bitcoin ) corresponding to different users. The platform appears to use profiles pulled from Twitter, regardless of whether the Twitter user has actually signed up to BitClout or not. The cease-and-desist letter is the latest twist in the odd tale of BitClout, a controversial project whose founders have gone by pseudonyms. While one of those founders, who goes by the handle Diamondhands, claims BitClout offers a new way to monetize a social following, others have balked at several aspects of the rollout, including the current inability to trade out of the BTCLT token once it is purchased. Anderson Kill doesn’t specify how it tied Al-Naji to BitClout, only writing that it is “a project that we understand was launched by you and is under your control.” Subscribe to Money Reimagined , our newsletter on financial disruption. Subscribe By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our terms & conditions and privacy policy . James Prestwich, the founder of decentralized finance startup Summa (acquired by Celo), also claimed that Al-Naji is behind BitClout, citing “personal knowledge.” CoinDesk attempted to contact Al-Naji, but did not receive a reply by press time. “It is well established that a person or company cannot knowingly use another’s name, voice, signature, photograph or likeness, in any manner … for purpose of … selling, or soliciting purchases,” the letter reads. Hailey Lennon, now with Anderson Kill, at Consensus 2019 (CoinDesk ) Curtis’ lawyers cite California’s Civil Code section 3344, which protects an individual’s right to profit from the commercial value of his or her own identity and is established throughout the U.S. in both statute and common law. Section 1798 of California Civil Code, which was also cited by Anderson Kill, protects an individual’s right to privacy in the state. The lawyers also state that any person found in violation of the code is liable to pay either $750 or actual damages incurred by BitClout’s alleged actions for the “unauthorized use” of Curtis’ identity as well as any profit collected in such actions.

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Research containing Radar Relay

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CB Insights Intelligence Analysts have mentioned Radar Relay in 1 CB Insights research brief, most recently on Oct 19, 2021.

Expert Collections containing Radar Relay

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Radar Relay is included in 2 Expert Collections, including Blockchain.

B

Blockchain

4,210 items

Companies and startups in this collection leverage blockchain technology for crypto investing and trading, decentralized finance (DeFi), NFTs, and more.

F

Fintech

7,165 items

US-based companies

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