Published on October 26th, 2017 | by bitcoin0
Pantera at forefront in video streaming
A blockchain project aimed at bootstrapping a more equitable video streaming economy has raised $5 million in the pre-sale of a new token.
Announced today, Stream’s fundraising was led by Pantera Capital, with other participants including Blockchain Partners Korea, Coinfund, Fenbushi Capital, FBG Capital, Inblockchain and ZhenFund.
Looking ahead, Stream is preparing a more formal token sale in November, one in which it will sell 33 percent of its token supply.
More long term, Yu said, will be building the file distribution and storage networks necessary for a true decentralized video marketplace.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.