What Does Rainbow Do? Blockchain Design Platform Explained

    Learn about what Rainbow does, their blockchain-focused design software, services, competitors, and key company information for business researchers.

    What Does Rainbow Do? Blockchain Design Platform Explained

    Name: Rainbow

    Headquarters: New York, NY, USA

    Employees: 11-50

    Rainbow (rainbow.me) is an open-source, design-centric software platform that enables users and developers to interact with blockchains. Based in New York, Rainbow focuses on creating intuitive and visually appealing interfaces for decentralized finance (DeFi), crypto, and Web3 applications, making blockchain technology more accessible to a broader audience.

    The Technology That Enabled Rainbow

    Rainbow leverages the open nature of blockchain networks to build user-friendly tools for managing digital assets, exploring decentralized applications (dApps), and conducting crypto transactions. Its emphasis on design sets it apart, aiming to lower the barrier to entry for crypto newcomers while providing advanced features for experienced users. Rainbow's software is available as a mobile wallet, supporting Ethereum and other leading blockchains, and is built as open-source to encourage community collaboration and transparency.

    Who Uses Rainbow?

    Rainbow primarily serves individual crypto users, DeFi participants, and Web3 enthusiasts who want a streamlined, visually engaging experience managing and interacting with blockchain assets. Its user base ranges from first-time crypto adopters to seasoned digital asset holders who value both security and design. Companies building in the blockchain space may also use Rainbow's open-source components to integrate or inspire their own crypto wallet or dApp interfaces.

    Who Are Rainbow's Competitors?

    Rainbow operates within the blockchain wallet and design platform space, where several companies offer alternative or complementary solutions:

    • Blockchain.com: A major player in crypto wallet and exchange services, trusted by millions for buying, selling, and trading a wide range of cryptocurrencies.
    • 10Clouds: Specializes in UX design for Web3 brands, helping improve user experience and build trust in blockchain applications.
    • Netguru: Focuses on blockchain application design systems, notably working with platforms like Lisk.
    • Clay: A Web3 digital design agency offering branding, UI/UX, and web design services for blockchain and crypto projects.
    • Webisoft: Provides guidance and implementation for blockchain design best practices, aiming to help revolutionize industries with secure, scalable solutions.
    • LeewayHertz: Offers architectural design services for blockchain applications and dApps, targeting both startups and enterprises seeking robust solutions.

    These competitors differ in their approach—while some focus on wallet infrastructure or exchange capabilities, others emphasize design, UX consulting, or enterprise blockchain architecture. Rainbow distinguishes itself with its open-source ethos and focus on making blockchain interfaces beautiful and approachable.

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