Drosera

Drosera

Drosera: Decentralized response system with covert security strategies to contain and counteract attacks. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€5—8m (Dealroom.co estimates Feb 2024.)
London England (HQ)
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Drosera is an emerging security platform designed specifically for the decentralized finance (DeFi) community within the Ethereum ecosystem. Currently in active development, with a testnet release scheduled for Q2 2024, Drosera aims to provide a secure and user-friendly solution that empowers both developers and users. The platform focuses on enhancing the security of DeFi protocols through a combination of off-chain monitoring and on-chain responses, ensuring a robust and resilient system. Drosera's straightforward approach and developer-friendly design make it versatile for a wide range of use cases, from individual developers to large-scale DeFi projects. The business model revolves around offering a subscription-based service for access to its advanced security features, targeting DeFi projects, developers, and enterprises looking to bolster their security measures. Revenue is generated through these subscriptions as well as potential partnerships and integrations with other DeFi platforms.

Keywords: Ethereum, DeFi, security, off-chain monitoring, on-chain responses, testnet, developer-friendly, robust, subscription-based, ecosystem.