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# Blockstack News

March 10, 2019 by at Adoption, Blockchain, News, Platform
The Winklevoss Twins-backed decentralized internet project Blockstack announced the creation of a new social media platform called Banter. The Banter network can perform many of the actions popular in centralized social networks but is built on top of a decentralized blockchain-powered infrastructure, which comes with a unique set of advantages....
On February 2, 2019, Blockstack, the inventor of the Blockstack Browser, which allows users to keep their data safe, released it’s Q4 2018 ecosystem update. Blockstack has more than doubled its apps according to the report in the last quarter of 2018 and similar growth is anticipated in Q1 2019...
December 14, 2018 by at Altcoins, Blockchain, Business, News, Platform, Tech
Despite red water market conditions, Blockstack announced on December 13, 2018, that they had “unlocked” $25 million in resources to continue their blockchain development. In a company blog post, co-founder Muneeb Ali described the necessity of an advisory board, reviewed the firm’s milestones, and explained how the newly released funds...
May 11, 2018 by at Blockchain, Business, News, Tech
Blockstack, the Winklevoss twins-backed decentralized web development platform has set aside $1 million to support the creation of blockchain-based social network projects. The company is aiming to support the endeavors of startups looking to leverage blockchain technology into affecting the decentralization of the social media paradigm. The chosen projects will...
April 26, 2018 by at Altcoins, Bitcoin, Ethereum, News, Tech
Anticipating the growth of both the number of available digital coins as well as users’ uptake, the exchange ShapeShift and VC fund Blockstack are jointly funding a project designed to create the pinnacle open source, universal wallet for cryptocurrencies, announced on April 25, 2018. The companies are offering $50,000 to...
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