Radworks
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About Radworks
Analysis of 11 Jan 2026Radworks (RAD) is the governance token for Radicle, a decentralized peer-to-peer code collaboration platform built on Git that serves as a censorship-resistant alternative to GitHub. As of January 2026, RAD trades at approximately $0.31 with an $18 million market cap, ranking around #800-1274 on CoinGecko.
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The project, backed by a $12 million Series B from 2021 and supported by Coinbase Ventures, operates under the Better Internet Foundation, a Swiss non-profit with a fully doxxed team including co-founders Alexis Sellier and Eleftherios Diakomichalis. Radicle reached a major milestone with version 1.0 in September 2024, followed by rapid iteration to v1.4.0 by September 2025, introducing features like Windows compatibility and the innovative Collaborative Objects (COBs) system that implements issues, patches, and code reviews as native Git objects.
The development activity remains exceptionally strong with 1,092 commits in 2024-2025 from 40 contributors, and the last commit on January 9, 2026. The tokenomics allocate 50% to the community treasury with governance utility, and the roadmap includes expanding RAD's role from governance to infrastructure incentivization through seed node rewards.