Raid Price

Raid Token (RAID) is a cryptocurrency launched in 2021. The asset functions as the native governance token of Raid Guild, a decentralized collective of developers and strategists who execute open-source “Raids” on Web3 products.

The token underpins a DAO designed to coordinate a dispersed workforce of mercenary talent. Raid Guild engineers conduct smart contract audits, prototype development, and system architecture—receiving compensation in RAID-denominated payouts that bypass traditional banking rails—all while building an on-chain reputation history that influences future project selection. This structural shift erodes the trust barrier between payers and remote talent.

The asset operates on the Ethereum and Gnosis Chain networks. Its dual-chain presence allows participants to settle transactions on either mainnet Ethereum or the cheaper, faster xDai sidechain, adapting to the cost requirements of small-scale bounty payouts. Developers verify the token contracts publicly on Etherscan and Blockscout explorers.

On Ethereum, the token adheres to the ERC-20 standard, with a mirrored contract on Gnosis Chain enabling full EVM compatibility. No staking or consensus duties encumber the asset; it moves purely as a utility token. Source code for the guild’s smart contracts resides in a public GitHub repository, inviting continuous community audit.

Raid Guild traces its origin to three early contributors of MetaCartel, who began assembling a loose network of open-source developers for collaborative projects. This informal band later coalesced into a DAO, with the RAID token launching on August 9, 2021. Its operational handbook outlines governance and raid workflows.

The guild aims to build a permanent, self-governing workforce unbound by geographic or corporate constraints, capable of delivering continuous technical output for the decentralized web. It replaces conventional hiring with a reputation-weighted collective where merit dictates influence. Authority intentionally disperses across token-weighted votes, resisting central capture.

Within this system, RAID serves as the decision-making weight: token-holders vote on member onboarding, client selection, and treasury allocations. The asset also functions as a payment rail, with successful raid teams receiving bounties settled in RAID, creating a closed economic loop where earned tokens can then be used to vote or fund new proposals. A client deposits RAID into an escrow smart contract, which automatically releases upon deliverables acceptance.

For contributors, accumulating RAID amplifies reputation and governance influence, directly translating past performance into future sway over guild operations. It is the operational fuel. Organizations can obtain and commit RAID to sponsor public raids, effectively using the token as a retainer to access a globally distributed, on-demand engineering pool.

Raid Token has a maximum supply of 201,210,864 tokens. Currently, 0 are in circulation. With a market capitalization of $0, Raid Token ranks #5,952 among all cryptocurrencies.