blockstack
  • Developers
    • Documentation
    • Github
    • Papers
    • Discord
  • Testnet
  • Discover Apps
stacks
No Result
View All Result
Home Stacks Funding

Funding the New Decentralized Internet

by Ryan & Muneeb
January 5, 2017
Funding the New Decentralized Internet

The internet is broken—hacking, tracking, passwords, and middlemen are all a threat to our freedom and safety on the internet.

Now more than ever, it’s clear we need a new internet—one that gives the power back to the users and puts security and freedom at the forefront of the architectural design.

Building a new internet is going to require a lot of effort from a large community of open-source developers. We’re excited to tell you that we’ve raised new funding to fuel the development of the Blockstack open-source software and contribute to making the new decentralized internet a reality.

The Blockstack Story

Blockstack started off with a decentralized identity system putting users in control. Since then, Blockstack has expanded into a full platform for decentralized applications, providing services beyond just identity, including DNS/naming, storage and authentication. These are all critical components of the new internet.

All of the Blockstack software is open source and is maintained by the Blockstack community. Our community is over 4000 members strong and over 70,000 domain names have been registered on Blockstack to date.

New Funding

Today we’re announcing that Blockstack Inc, an organization formed to push the Blockstack protocol forward, has raised funding to contribute more resources to the Blockstack open source community.

The round of $4M was led by Union Square Ventures, with participation by Lux Capital, Naval Ravikant, Digital Currency Group, Compound, Version One, Kal Vepuri and Rising Tide.

This is a huge vote of confidence for the new decentralized internet. These investors share our vision and we’re proud to be able to partner with them.

What’s Next

The Blockstack community is working towards the release of a new browser and app development platform that will allow anyone to use the new decentralized internet and the apps that are built on it.

Our new funding round will allow us to expand our team and contribute more development resources to the Blockstack open source project.

We believe the dream of building a truly decentralized internet is now within reach. We’re grateful for the support and enthusiasm of the Blockstack community and are looking forward to building upon the existing momentum.

If you share our vision of fixing the internet, come join our community and consider joining our team full time.

Previous Post

Blockstack Core is available on the Azure Marketplace

Next Post

Announcing Blockstack Explorer

Ryan & Muneeb

Ryan & Muneeb

Muneeb Ali is a distributed systems PhD from Princeton and gives guest lectures on cloud computing there. He went through Y Combinator and was awarded a J. William Fulbright Fellowship.

Before Blockstack, Ryan Shea co-founded a software-as-a-service startup called GraphMuse and worked in an operations role for OmniActive Health Technologies. He received a degree in Mechanical and Aerospace Engineering from Princeton University with a minor in Computer Science.

Next Post
Serverless Sign In with Blockstack Auth

Announcing Blockstack Explorer

Recent Posts

See the Stacks.co Blog for latest Stacks Ecosystem Updates!

January 11, 2021

Hiro: Dedicated To The Builders of A Better Internet on Bitcoin

December 22, 2020

Stacks 2.0 Is Feature Complete

December 15, 2020

Categories

---
  • App Mining (17)
  • Asia (6)
  • Blockchain (31)
  • Bounties (4)
  • Censorship (2)
  • Community (10)
  • Dapps (23)
  • Digital Rights (10)
  • Events (31)
  • Exclude (9)
  • Featured (6)
  • Funding (6)
  • Governance (6)
  • Guest Author (4)
  • Hackathon Winners (8)
  • News (7)
  • Partners (16)
  • Privacy (2)
  • Smart Contracts (14)
  • Society (13)
  • Stacks (38)
  • Stacks token (35)
  • Technical (29)

Start building today

Get Started

Developers

Documentation

Github

Testnet

Papers

Community

Events

Discord

Blog

Forum

Shop

Kakao Talk (한국)

Ecosystem

Discover apps

Stacks Token

Stacks Wallet

Stacks Explorer

Chrome extension

Firefox extension

About

Blockstack PBC

Careers

Roadmap

Patent pledge

Terms & Privacy

Stay up to date

GitHub

Twitter

Discord

Newsletter

Blockstack PBC is not registered, licensed, or supervised as a broker dealer or investment adviser by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or any other financial regulatory authority or licensed to provide any financial advice or services.

Close
No Result
View All Result
  • Home
  • Home 2
  • Home 3
  • Home 4
  • Home 5
  • Sample Page

Get Started

---
  • Tutorials
  • Install browser
  • Live apps

Technology

---
  • Tutorials
  • Documentation
  • Github
  • White Papers

Community

---
  • Forum
  • Slack
  • Meetup
  • Blog
  • YouTube
  • Videos
  • Signature Fund
  • Telegram (English)
  • Telegram (中文群)

Blockstack

---
  • About
  • What is Blockstack
  • FAQ
  • Roadmap
  • Careers
  • Press
  • Swag
  • Branding
  • Privacy
  • Terms of Use
  • Disclaimers

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.