Particl

What Particl does

Particl is a decentralized, community-driven open-source blockchain project that operates a privacy-first dApp platform built on its own Particl blockchain, which uses a Particl Proof-of-Stake (PPoS) consensus mechanism. Its product portfolio is anchored by three pillars: Particl Marketplace, a decentralized two-sided e-commerce platform with a two-party escrow system that requires both buyer and seller to lock security deposits; Particl Currency (PART), a privacy-oriented digital currency supporting both public and anonymous transaction types; and BasicSwap DEX, a non-custodial cross-chain exchange that executes atomic swaps using HTLC and adaptor signature (PTLC) methods with a 0% trading fee. Underlying these products is the SecureMessaging (SMSG) peer-to-peer mixnet, which serves as a decentralized storage and messaging layer, and the Open Market Protocol (OMP), which defines how marketplace transactions, listings, and order book data are processed.

The platform's technology differentiation centers on privacy-by-design architecture: SMSG provides end-to-end encrypted data transfer without central servers, adaptor signatures enable atomic swaps with non-programmable cryptocurrencies like Monero and Bitcoin, and the marketplace enforces escrow mechanics that eliminate chargeback risk. Particl Desktop (currently v3.3.3 in Beta) is the primary user-facing client, while Particl Core runs the blockchain daemon. The project is supported by a decentralized treasury that receives 50% of staking rewards generated by the blockchain, and governance is exercised through PART staking and voting on community proposals via the Particl Community Crowdfunding System (CCS).

The business model is hybrid and largely non-capturing. Marketplace sellers pay dynamic listing fees scaled to listing size and expiry duration, with fees redistributed proportionally to network users. BasicSwap DEX charges no trading or service fees — only standard blockchain transaction fees apply — positioning it as an open-source base layer for third-party DEXs. Revenue from the corporate entity is not disclosed, no funding rounds have been reported, and no parent company, subsidiaries, or named customers are documented. The user base is segmented horizontally into privacy-conscious shoppers, cryptocurrency enthusiasts, sellers seeking disintermediation from centralized platforms, and users seeking unrestricted commerce, all served via direct software downloads, community channels (Discord, Telegram, Element/Matrix, Reddit, Twitter, YouTube), and a VIP email newsletter.

Name

Particl

Legal name

Particl Project

Website

https://particl.io

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Particl is a decentralized, privacy-first blockchain platform offering a non-custodial marketplace, a private cryptocurrency (PART), and a fee-free cross-chain DEX (BasicSwap). It serves privacy-conscious online shoppers, cryptocurrency traders, and sellers seeking disintermediation from centralized platforms via open-source software.

Ownership category

akta.pro rank

Product category

Privacy Blockchain Platform

NAICS

Securities and Commodity Exchanges (52321), Funds, Trusts, and Other Financial Vehicles (525), Miscellaneous Intermediation (523910)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro industry

PRIMARYFSADAMAL

DAO Treasury, Governance & On-Chain Finance Tools

Financial & Insurance/Crypto & Digital Assets/Decentralized Finance (DeFi) Platforms

SECONDARYFSAGAMAH

Smart Contract & Token Operations Infrastructure (Lifecycle, Corporate Actions)

Financial & Insurance/Financial Technology (Fintech)/Blockchain & Web3 Financial Infrastructure (Tokenization, Custody Tech)

Keywords

• Decentralized marketplace
• Privacy cryptocurrency
• Atomic swap exchange
• Blockchain privacy protocol
• Peer-to-peer commerce

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Marketplace Listing Fees: Sellers pay listing fees to publish items on the Particl Marketplace. Fees are dynamic, determined by listing expiry time and listing size (measured in kb). Listing fees are proportionally redistributed back to users of the network since the community owns the marketplace.
2. Network Treasury (Staking Rewards): 50% of staking rewards generated by the blockchain are directed to the decentralized treasury fund supporting Particl developers. This staking income is hard-coded into Particl Proof-of-Stake (PPoS) and is entirely decentralized.
3. BasicSwap DEX (No Direct Revenue): BasicSwap DEX does not charge trading or service fees (0%). The only cost is standard blockchain transaction fees for swaps. BasicSwap is open-source and non-monetized, serving as a base layer for other DEXs to build upon.
4. Community Crowdfunding (CCS): Particl Community Crowdfunding System (CCS) allows community members to propose and fund development tasks. Donations support specific proposals or general project development.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels9 records

Core offering

Particl operates a privacy-first decentralized application (dApp) platform that combines a two-sided online marketplace (Particl Marketplace), a private untraceable cryptocurrency (PART), and a fee-free cross-chain decentralized exchange (BasicSwap DEX). All three are accessed through the Particl Desktop client and are powered by the Particl blockchain, the SecureMessaging (SMSG) P2P network, and a two-party escrow system. The platform enables users to buy, sell, and trade privately without intermediaries, KYC, or centralized custody.

Product overview

Particl is a privacy-first, pro-liberty dApp ecosystem built on its own blockchain, consisting of three main product pillars: Particl Marketplace (a decentralized two-sided e-commerce platform), Particl Currency / PART (a private and untraceable digital currency), and BasicSwap DEX (a cross-chain decentralized exchange). Access to the ecosystem is primarily through Particl Desktop (v3.3.3), a desktop client application, while Particl Core provides the underlying blockchain daemon. The platform relies on its custom SecureMessaging (SMSG) P2P network for decentralized messaging, order books, and data storage. Supplementary offerings include the Particl Academy documentation portal and the Community Crowdfunding System (CCS) for decentralized governance funding.

Differentiator

Problem solved

Functional benefit

Brands

• BasicSwap: A cross-chain, decentralized exchange (DEX) that facilitates atomic swaps between cryptocurrencies without fees or middlemen. Features a decentralized order book powered by the SMSG network.
• Particl Marketplace
• Particl Desktop
• SecureMessaging (SMSG)

Products and services

• Particl Marketplace A decentralized, two-sided online marketplace (analogous to eBay) that enables individual buyers and sellers to transact privately and without intermediaries. It uses a two-party escrow system requiring both parties to lock security deposits, eliminating chargeback risk, and is accessible through the Particl Desktop client with no KYC or account creation required.
• Particl Currency (PART) A private, untraceable digital currency native to the Particl blockchain that enables borderless, ultra-low-cost anonymous payments. PART supports both public and anonymous (blind/anon) transaction types and is used for marketplace settlement, staking, and governance voting.
• BasicSwap DEX A decentralized, non-custodial, cross-chain exchange (DEX) that facilitates fee-free atomic swaps between cryptocurrencies (including Bitcoin and Monero) without accounts, KYC, or intermediaries. It uses HTLC and PTLC (adaptor signature) methods and a decentralized order book powered by the SMSG network.
• Particl Desktop Particl's user-friendly desktop client application that serves as the main gateway to the Particl ecosystem, allowing users to interact with PART wallets, the Particl Marketplace, and other privacy-first dApps. Available for all major operating systems; latest version is v3.3.3 (Beta).
• Particl Core The core software providing a direct connection to the Particl Blockchain, running as a daemon (particld) controllable via CLI or the Particl-Qt GUI, and acting as the gateway for applications (including Particl Desktop) to interact with the blockchain.
• Insight Block Explorer A public blockchain explorer for the Particl network that allows users to view blocks, transactions, and wallet addresses, exposing an Insight API versioned endpoint for programmatic access.

Quantifiable outcome

• 0% trading fees on BasicSwap DEX - only standard blockchain transaction fees apply
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Uniswap: Largest decentralized exchange by volume. Competes with BasicSwap for the same cross-chain token-swap use case but charges protocol fees and lacks native privacy-coin support.
• SushiSwap: Multi-chain DEX and DeFi suite. Competes with BasicSwap in the cross-chain trading category and represents the kind of broad-incumbent liquidity destination Particl would need to displace.

Emerging players

• Secret Network: Privacy-preserving smart contract blockchain using trusted execution environments. Comparable as a privacy-first L1 competing for developers and users building confidential DeFi and dApps.
• Haven Protocol: Privacy-focused, Monero-derived blockchain with private synthetic assets and conversions. Overlaps with Particl Currency in serving users seeking private store-of-value and exchange functionality.
• THORChain: Cross-chain liquidity protocol enabling native asset swaps between Bitcoin, Ethereum, Cosmos chains, and others. Closest functional analog to BasicSwap's atomic-swap ambition but without privacy-coin (Monero) support.

Direct peers

• Zcash: Major privacy coin using zk-SNARKs for shielded transactions. Comparable to Particl as a privately held, privacy-first cryptocurrency competing for the same privacy-conscious user base.
• LocalMonero: Peer-to-peer Monero marketplace and OTC exchange with no KYC. Comparable to Particl's combination of private commerce and currency rails, targeting similar privacy-seeking traders and merchants.
• Bisq: Decentralized, non-KYC, peer-to-peer Bitcoin exchange. Listed on Particl's homepage as a partner exchange for PART and shares the no-middleman, community-driven ethos of the Particl platform.
• OpenBazaar: Decentralized peer-to-peer marketplace built on Bitcoin for free trade without middlemen. Closest historical analog to Particl Marketplace in offering and target user.
• Monero: Leading privacy coin with optional transparency. Particl directly references Monero atomic swap support as a key capability, positioning both as privacy-preserving monetary rails for users seeking financial confidentiality.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/particlproject
• GitHubgithub.com/particl
• YouTubeyoutube.com/c/particl
• LinkedInlinkedin.com/company/particl

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Particl