The Root Network
The Root Network is a Substrate-based, EVM- and XRPL-compatible blockchain developed by Futureverse for the open metaverse, targeting web3 game studios, NFT creators, sports/entertainment brands, and infrastructure builders with interoperable digital assets, AI-attached NFTs, and any-token gas fees.
- Company typePrivate
- Founded2022
- HeadquartersRoad Town, Tortola, British Virgin Islands
- Headcount—
- GTM typeB2B
- OfferingSoftware
What The Root Network does
The Root Network (TRN) is a purpose-built blockchain network designed to serve as the foundational infrastructure for the open metaverse, operated by CNZFV Ltd (registered in the British Virgin Islands) and developed by Futureverse, a 300+-person entity formed in December 2022 through the merger of eight web3 companies (Altered State Machine, Non-Fungible Labs, Sylo, Centrapay, Centrapass, Immersve, Shadows Interactive, Altered Phoenix) and backed by the co-founders' $50 million Born Ready venture fund. The network is built on Substrate with integrated EVM compatibility and a native two-way XRPL bridge, enabling cross-chain interoperability between Ethereum, XRP Ledger, and TRN. Core technical differentiators include an any-token gas economy (users can pay transaction fees in XRP, ROOT, ASTO, or SYLO), the FuturePass smart wallet system that abstracts key management from end users, the Asset Register for cross-chain asset linking via a schema system, the Sylo Data Verification Protocol using SHA256 checksums for cryptographic authenticity, and the Non-Fungible Intelligence (NFI) Protocol that attaches structured AI metadata to NFTs and SFTs.
The company's commercial model combines protocol-level revenue (gas fees, DEX transaction fees via Dexter and Moai Finance) with ecosystem-incentive mechanics (Vortex staking rewards, RootRewards loyalty program distributing 80M+ ROOT per cycle, TRN Odyssey grants offering up to $1M to selected builders). Go-to-market is community-led and event-driven, anchored on flagship enterprise partnerships such as PFL (Professional Fighters League), which embeds TRN-powered loyalty into the PFL mobile app for 650 million fans in 160+ countries, Readyverse Studios (a joint venture developing the OPEN battle royale game with Warner Bros. Discovery / Ready Player One IP), Reebok Impact (AI-driven digital sneakers), and various grant-funded gaming studios. Target customer segments are Web3 game developers and studios, NFT creators and collectors, sports and entertainment brands seeking on-chain fan engagement, and blockchain infrastructure projects needing EVM-XRPL interoperability. The product portfolio spans identity (FuturePass, Root Name Service), DeFi (Dexter, Moai Finance), gaming (The Readyverse, OPEN, The Third Kingdom, Raicers, Zerpmon), AI tooling (Altered State, Jen, Promptopia, NFI), and developer infrastructure (Rootscan, RapidNode, Girin Wallet, Lum3n no-code NFT launcher). No revenue is publicly disclosed, pricing remains largely freemium, and the company is pre-commercial in terms of monetised enterprise contracts.
The Root Network firmographics
Firmographics- Name
- The Root Network
- Legal name
- CNZFV Ltd
- Website
- https://therootnetwork.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Short description
- The Root Network is a Substrate-based, EVM- and XRPL-compatible blockchain developed by Futureverse for the open metaverse, targeting web3 game studios, NFT creators, sports/entertainment brands, and infrastructure builders with interoperable digital assets, AI-attached NFTs, and any-token gas fees.
- Ownership category
- akta.pro rank
The Root Network industry classification
Industry- Product category
- Blockchain Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Metaverse Virtual World Platforms (social worlds, land, UGC) (FSAPAGAD)
- akta.pro secondary industries
- On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins) (FSAPAGAB), In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE), Player Wallets, Identity & Accounts for Games (embedded wallets, SSO, DID) (FSAPAGAF), Interoperability & Asset Bridging for Games (cross-game/cross-chain assets) (FSAPAGAJ), Play-to-Earn & Reward Platforms (questing, loyalty, airdrop mechanics) (FSAPAGAH)
Keywords
Where The Root Network is headquartered
LocationHeadquarters
- HQ city
- Road Town, Tortola
- HQ country
- British Virgin Islands
Offices1 record
Markets served
The Root Network business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Network Gas Fees: Transaction fees collected from all network activity including NFT trading, token minting, DEX trading, and other runtime activities. Distributed to validators and stakers through Vortex token system.
- Staking Rewards (Vortex): Validators and delegators earn fees from network activities. Bootstrap rewards distribute 10% of ROOT tokens over 260 weeks to early backers. Gas and fees accumulate in The Vortex, minting Vortex tokens to reward participants.
- RootRewards Loyalty Program: Loyalty program distributing 80M+ ROOT per cycle to active network participants. Rewards earned through staking, bridging, swapping, holding tokens, and collecting.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Lum3n NFT Launch Platform - Free currently, pricing TBD |
| Other | Monthly | RootRewards - No cost to participate, rewards distributed to users |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
The Root Network product offering
Product offeringCore offering
The Root Network is a Substrate-based Layer-1 blockchain purpose-built for the open metaverse, offering native EVM compatibility and an XRPL bridge. It sells interoperable digital-asset infrastructure (Asset Register, UBF, NFI Protocol, FuturePass smart wallet), developer tooling (SDKs, APIs, no-code NFT launcher Lum3n, block explorer), and gaming/metaverse experiences (The Readyverse, OPEN, The Third Kingdom, Promptopia) for game studios, brands, and NFT creators.
Product overview
The Root Network is a purpose-built blockchain for the open metaverse developed by Futureverse. The product portfolio includes: (1) Core blockchain infrastructure with native ROOT and SYLO tokens, any-token gas economy, and XRPL/Ethereum cross-chain bridges; (2) Sylo Protocols suite for data infrastructure including Data Verification (cryptographic authenticity), Data Permissions (access control), Action Permissions (automation), Data Sylos (verifiable storage nodes), Oracles (off-chain data), and Pricing (token prices); (3) Identity and asset management via Futureverse Pass (smart wallet), Asset Register (cross-chain asset linking), and Universal Blueprint Framework (interoperable assets); (4) AI-powered products including NFI Protocol (intelligent NFTs), Altered State (3D model generation), Jen (music generation), and Promptopia (AI sandbox); (5) Gaming ecosystem with The Readyverse, OPEN battle royale, The Third Kingdom, and Material World Protocol; (6) DeFi tools including Dexter DEX and staking mechanisms; (7) Loyalty platform RootRewards with Quest campaigns; (8) Developer tools and TRN Labs for ecosystem growth.
Differentiator
Problem solved
Functional benefit
Brands
- FuturePass: Digital identity and smart wallet solution serving as a passport through the open metaverse, enabling seamless onboarding without wallet popups or gas fees.
- RootRewards
- Asset Register
- Root Name Service
- Non-Fungible Intelligence (NFI) Protocol
- Sylo Data Verification Protocol
- Vortex
- ROOT
Quantifiable outcome
- 650 million fans engaged through PFL partnership
- +3 more outcomes
Companies that use The Root Network
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
The Root Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
AI capability16 records
Feature7 records
The Root Network partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered flagship and core.
- Professional Fighters League (PFL)flagshipPFL Rewards platform built with Futureverse technology deployed on The Root Network. Fans in 160+ countries can engage with the league through mobile app, earning points for streaming, predictions, and social actions redeemable for merchandise and VIP access. No wallet popups or gas fees for users.
- LiveLikecoreLeading provider of fan engagement technology collaborated on PFL Rewards development. LiveLike has worked with Chelsea FC, YES Network, and LIV Golf, bringing expertise in gamified fan experiences.
- XRPL CommonscoreTwo-day developer workshop in Paris (Nov 2024) focused on gamified experiences and building for the open metaverse with The Root Network and Futureverse.
- Warner Bros. DiscoveryflagshipPartnership with Readyverse Studios to bring Ready Player One IP into the open metaverse. Features branded environments and skins in OPEN game.
- ReebokcoreReebok Impact AI fashion experience created with Futureverse, allowing users to create AI-infused custom digital sneakers. Expansion of sneaker culture into metaverse.
- DextercoreDEX and bridge on The Root Network. First DEX to launch on TRN, enabling swaps and liquidity provision. Also offers two-way bridging between XRPL and TRN.
- Denarii LabscoreTokenomics Accelerator program for projects on The Root Network using Futureverse platform tools. 12-week program focused on tokenomic strategy from modeling to investor engagement.
- BoF (Born on Flex)coreRWA infrastructure B2B platform and B2C platform on The Root Network using Immersve technology. Enables users to access Real-World Assets with no minimum deposit and BoF Mastercard.
- ImmersvecoreMulti-chain payment protocol and web3/metaverse Mastercard product powering BoF's RWA infrastructure. Bridges web3 with Mastercard network.
- Readyverse StudiosflagshipCo-founded by Aaron McDonald and Shara Senderoff of Futureverse, plus Ernest Cline (Ready Player One creator). Building OPEN battle royale and The Readyverse metaverse platform with Warner Bros. Discovery. First AAA-quality metaverse experience interoperable with AAA IP.
- Walker LabscoreGame development studio partnered with Readyverse Studios to build OPEN. Team includes veterans from Epic, DICE, Microsoft, PlayStation, Remedy, and EA.
- SyloflagshipInfrastructure layer for data powering interoperability throughout the open metaverse. Includes Data Protocols, Seeker Network, decentralized communications, and Oracle system. Now integrated into The Root Network.
- Moai FinancecoreMulti-chain DEX bringing DeFi functionalities to TRN including swaps, liquidity pools, lending, and launchpad services. Committed to allocating 10% of protocol revenue to The Vortex.
- Outlier VenturescoreBase Camp accelerator program for metaverse startups using The Root Network. 12 weeks of bespoke support in marketing, fundraising, legal, token design plus $100K investment.
- FutureverseflagshipCore developer of The Root Network. Merged 8 web3 companies including Altered State Machine, Sylo, Centrapay, Immersve, Non-Fungible Labs, and Shadows Interactive. Team of 300+ building AI, identity, communications, and payments infrastructure.
- ALTERED STATEcoreGenerative AI tool transforming thoughts into game-ready 3D models. Uses Sylo Data Verification protocols and Universal Blueprint Framework (UBF) for interoperable assets across Unity and Unreal Engine.
- Cool CatscoreNFT collection brand featured in The Readyverse ecosystem with interoperable assets.
- DeLorean Motor CompanycoreIconic automotive brand IP featured in The Readyverse ecosystem with interoperable digital assets.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
The Root Network competitors and assessment
Company assessmentDirect peers
- Immutable: Immutable is a gaming-focused Ethereum L2 with zkEVM and a broad suite of SDKs, marketplaces, and order-book infrastructure. It directly competes with TRN for game studios building player-owned economies and NFT-based assets.
- Polygon Labs: Polygon provides a suite of Ethereum scaling solutions (PoS, zkEVM, Supernets) widely adopted by gaming, NFT, and metaverse projects. Comparable to TRN as EVM-compatible infrastructure targeting the same open-metaverse and gaming developer base.
- Dapper Labs (Flow): Dapper Labs operates the Flow blockchain, purpose-built for NFTs and consumer apps at scale (NBA Top Shot, NFL ALL DAY). Like TRN, it targets mainstream consumer experiences with developer-friendly tooling and brand-IP integrations.
- Ronin Network (Sky Mavis): Ronin is an EVM-compatible chain built specifically for gaming, anchored by Axie Infinity. It is a direct competitor in the gaming-L1 category where TRN positions itself with The Third Kingdom, OPEN, and other titles.
- Sui Network: Sui is a high-throughput L1 with object-centric architecture and growing gaming adoption. It competes for the same developer mindshare around scalable, asset-oriented chains for consumer applications.
- WAX (Worldwide Asset eXchange): WAX is a gaming and NFT-focused L1 purpose-built for digital collectibles and virtual goods. It overlaps with TRN's NFT and asset-interoperability focus but lacks TRN's XRPL bridge and AI/NFI capabilities.
- Enjin: Enjin provides a blockchain platform and tooling (Enjin Coin, Efinity, SDKs) for tokenized in-game assets. It targets the same game-developer audience as TRN's Asset Register and UBF framework.
Broad incumbents
- Avalanche: Avalanche is a broader L1 platform with customizable subnets used by enterprises and gaming studios (e.g., DeFi Kingdoms). It overlaps with TRN via gaming and metaverse use cases but serves a much wider institutional and DeFi customer base.
Emerging players
- The Sandbox: The Sandbox is a user-generated virtual world with a native token and LAND NFTs. It competes with TRN in the open-metaverse category but is more application-focused than infrastructure-focused.
- Decentraland: Decentraland is one of the largest open virtual worlds with LAND NFTs and a creator economy. Like The Sandbox, it intersects with TRN's metaverse ambition but is an end-user application rather than infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
The Root Network social profiles
Digital presenceThe Root Network compliance and trust
Trust signalCompliance3 records
The Root Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Root Network leadership team
Management profileNumber of profiles
Profiles7 records
The Root Network subsidiaries and ownership
Company hierarchySubsidiaries11 records
The Root Network funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Root Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Root Network
What does The Root Network do?
The Root Network is a Substrate-based Layer-1 blockchain purpose-built for the open metaverse, offering native EVM compatibility and an XRPL bridge. It sells interoperable digital-asset infrastructure (Asset Register, UBF, NFI Protocol, FuturePass smart wallet), developer tooling (SDKs, APIs, no-code NFT launcher Lum3n, block explorer), and gaming/metaverse experiences (The Readyverse, OPEN, The Third Kingdom, Promptopia) for game studios, brands, and NFT creators.
Is The Root Network a public or private company?
The Root Network is a private company. It is classified as venture growth investor backed and is currently operating.
When was The Root Network founded?
The Root Network was founded in 2022.
Where is The Root Network based?
The Root Network is headquartered in Road Town, Tortola, British Virgin Islands.
How does The Root Network make money?
Three revenue lines are on record. Network Gas Fees are the primary driver. The others are staking Rewards (Vortex) and rootRewards Loyalty Program.
Who are The Root Network's main competitors?
Direct peers on record are Immutable, Polygon Labs, Dapper Labs (Flow), Ronin Network (Sky Mavis), Sui Network, WAX (Worldwide Asset eXchange) and Enjin. Avalanche is listed as a broad incumbent. Emerging players are The Sandbox and Decentraland.
Does The Root Network have an API?
Yes. The Root Network offers comprehensive developer APIs across multiple interfaces: (1) Native API (Substrate/Polkadot SDK) via @substrate/api package with runtime pallets including Assets, NFT, SFT, Dex, FeeProxy, FuturePass, NFI, SyloDataVerification, SyloDataPermissions, SyloActionPermissions, Marketplace, Staking, XRPLBridge, and more; (2) EVM API for Ethereum-compatible smart contract development with precompiles for Assets (ERC-20), NFT (ERC-721), SFT (ERC-1155), FeeProxy, FuturePass, and Decentralized Exchange; (3) JSON-RPC interface; (4) Rootscan API & RPC tools for blockchain data integration; (5) Pricing Sylo oracle contract for token price data retrieval; (6) RootRewards Quest API for loyalty program integration. Available publicly for developers. Developer documentation is at docs.therootnetwork.com.
What industry is The Root Network in?
The Root Network's product category is Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAGAD, Metaverse Virtual World Platforms (social worlds, land, UGC), with a secondary code of FSAPAGAB, On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins). Its NAICS code is 518210 and its SIC code is 6200.