Radworks (RAD) is a decentralized ecosystem designed to support open-source software development without relying on centralized platforms. It focuses on building censorship-resistant tools that allow developers to collaborate, publish code, and receive funding in a peer-to-peer way. The project aims to give developers more control over their work, governance, and economic incentives while reducing dependence on platforms like GitHub.
At the core of Radworks is Radicle, a decentralized code collaboration and version-control network. Instead of hosting repositories on centralized servers, Radicle allows developers to host and share code directly from their own nodes using peer-to-peer networking. This architecture improves resilience, privacy, and autonomy, while still supporting familiar workflows such as code reviews, issues, and patches.
The RAD token powers the Radworks ecosystem by enabling governance, coordination, and funding decisions. RAD holders can vote on proposals, allocate treasury resources, and guide the long-term direction of the network. Through community-driven governance and decentralized infrastructure, Radworks creates a sustainable model for funding and maintaining open-source software at scale.
When Did Radworks Launch?
Radworks (RAD) launched as a decentralized ecosystem aiming to support open-source software collaboration and developer sovereignty. The project’s roots trace back to 2017 when Monadic, a Berlin-based software company, initiated work on Radicle, a peer-to-peer code collaboration protocol. Over the next several years, the team, including co-founders Alexis Sellier and Eleftherios Diakomichalis, developed the technology and established the Radicle Foundation in 2020 to steward its growth.
The network’s native governance token, $RAD, was introduced in 2021 to decentralize decision-making and treasury control, forming RadicleDAO (now Radworks), with Radicle and Drips evolving into independent, community-funded organizations within the ecosystem.
Radworks Key Milestones and Roadmap
- 2017: Vision for a decentralized open-source support network begins.
- 2019: Radicle first launches as a peer-to-peer code collaboration platform.
- 2020: Radicle Foundation established to govern and support development.
- 2021: $RAD token launched; RadicleDAO (now Radworks) formed to enable community governance.
- May 2023: Radicle and Drips officially become autonomous Orgs funded by Radworks.
- 2024–2025: Continued ecosystem expansion with governance enhancements, tooling upgrades, and community growth.
What Is the RAD Token Used for?
The RAD token is the native governance and coordination token of the Radworks ecosystem. It is primarily used for on-chain and off-chain governance, allowing token holders to vote on proposals, protocol upgrades, and treasury allocations that fund open-source developer tools like Radicle and Drips. RAD also plays a role in ecosystem incentives, aligning contributors, node operators, and community members around the long-term sustainability of decentralized software development.
You can trade RAD tokens on the
BingX Spot Market by accessing the
RAD/USDT trading pair, where you can place
market or limit orders based on real-time price data. BingX provides a secure and user-friendly trading interface with deep liquidity, making it easy to buy or sell RAD tokens at competitive market prices.
What Is Radworks Tokenomics?
RAD has a fixed total supply of 100 million tokens, with no additional minting planned, ensuring predictable supply dynamics over time.
RAD Token Allocation
- Community Treasury: 50% - Used to fund ecosystem projects, grants, and long-term development through governance proposals
- Early Contributors & Team: 20% - Allocated to core developers and contributors, subject to vesting schedules
- Investors: 20% - Reserved for early backers who supported Radicle and Radworks’ early development
- Liquidity and Ecosystem Incentives: 10% - Supports market liquidity, partnerships, and ecosystem participation
What Blockchain Network Does Radworks Operate on?
Radworks (RAD) operates on the Ethereum blockchain as an
ERC-20 token, leveraging
Ethereum’s security, decentralization, and widely adopted smart contract infrastructure. Ethereum enables Radworks to support transparent governance, treasury management, and token-based voting while remaining compatible with popular wallets, decentralized applications, and exchanges across the broader Web3 ecosystem.
How to Store RAD Tokens Securely
The easiest and most convenient way to store RAD tokens securely is on BingX. By keeping your RAD on BingX, you benefit from enterprise-grade security measures such as cold wallet storage,
multi-signature authorization, real-time risk monitoring, and account protection features. This option is ideal if you actively trade RAD or want quick access to the Spot Market without managing private keys yourself.
For long-term self-custody, RAD tokens can also be stored in
Ethereum-compatible wallets since RAD is an ERC-20 token. Popular options include
MetaMask,
Trust Wallet, and
hardware wallets like
Ledger or
Trezor for enhanced security. When using personal wallets, always safeguard your private keys and recovery phrases offline, enable additional security settings, and interact only with verified Radworks smart contracts and official links.
Is Radworks (RAD) a Good Investment?
Radworks (RAD) can be a compelling investment for users interested in the future of decentralized open-source infrastructure and community-driven governance. Its value proposition is rooted in powering a sovereign ecosystem that supports peer-to-peer code collaboration (Radicle) and sustainable developer funding (Drips), positioning RAD as more than just a speculative token.
With a fixed total supply, active governance participation, and growing adoption of decentralized tooling, RAD aligns incentives across contributors, users, and builders. However, like all crypto assets, RAD carries market and execution risks, so prospective investors should research fundamentals and assess risk tolerance before investing.