---
title: "Radit"
path: "/ecosystem/radit"
bannerImage: "https://j9ytchrzkvqpcul7.public.blob.vercel-storage.com/03e54ba6-e644-4d34-b5d7-dcd0d8dfb0e3.webp"
version: "2.2.0"
author: "ShardSpace Admin"
createdAt: "2026-02-06T16:07:55.818Z"
updatedAt: "2026-07-29T23:17:08.365Z"
---

# Radit

**Radit.io** was a community-owned investment message board that operated on the Radix network. It presented a unique concept where users can invest in messages and earn a yield based on their investments. The platform was known as the first community-owned investable message board powered by Radix. It was created by [CaviarLabs](/ecosystem/caviarnine), a technology company focused on blockchain and decentralized finance (DeFi) solutions.

[https://youtu.be/3DDR41WD7p4](https://youtu.be/3DDR41WD7p4)

## **Operation**

Users on Radit.io can post new messages by sending them to a special gazette wallet along with any amount of Radix tokens ($XRD). The posted messages were owned, similar to how a Non-Fungible Token (NFT) is owned. When other users invested in these messages by sending $XRD, the original poster earned a yield. Every message investment gave the investor some ownership of that message, and they can earn $XRD whenever anyone else invested in a message they own a part of.

As of mid-2023, [Radit.io](https://www.radit.io) had seen an investment of 5249K $XRD, with 24,513 messages posted by 1,095 unique users.

## **Governance**

Radit.io also had its own governance token, $RADIT. Owners of $RADIT tokens possessed 30% ownership of every message posted on the platform and had a say in the future of Radit.io. The platform ensured that 100% of $XRD sent to Radit.io were distributed back as rewards at the end of each day, emphasizing its commitment to community ownership and participation.

## **Notable Features**

One of the unique features of Radit.io was the concept of "100k XRD Message". When any message on the platform reached an investment of 100k XRD, a message token got minted on the Radix network. This newly minted token would have a supply of 100k units, which were distributed to the message owners proportionally to their percentage ownership at the point the message was worth 100k XRD. The token included all the details of the original message and was immortalised onto the Radix Ledger.