Kim Dotcom Vouches to Raise $100 Million for MegaNet’s January Debut
Controversial entrepreneur Kim Dotcom has announced his mysterious MegaNet venture will become a reality early next year, vouching to raise US$100 million in funding. A Twitter update by Dotcom states that MegaNet, which combines the internet with the unalterable record-keeping capabilities of the blockchain, will be open to crowdfunding from January 20, 2016 – four years since the paramilitary raid on his home by the New Zealand police. The German multimillionaire, who has also announced the completion of a US$40 million funding round for his extant filesharing service MEGA, has been....
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Kim Dotcom is a well-known person in the cyber world as the founder of the now defunct file-sharing service Megaupload. Now, Dotcom is not only creating a new sharing service called Mega 2.0 but has made it well known that Bitcoin will be a major part of the platform. Mega 2.0, Bitcache, MegaNet. The new service that Dotcom has been working on called....
Kim Dotcom has told the public many times that Bitcoin will be an integral part of Mega Upload 2 and Bitcache. Now, with the help from BnkToTheFuture, Dotcom is raising funds to scale the project. According to Max Keiser, the project is nearing 50 percent of its $1 million minimum goal. BnkToTheFuture Investment Platform Hosts Mega 2 Funding Round. Over....
Government will never have to mine on hardware it buys. At least, they'll leave the buying up to you. This week a court in Virginia indicted Kim Dotcom and six of his alleged coworkers. The event is part of an ongoing attempt to prosecute Kim Dotcom. Since 2012, Virginia attorneys have accused Dotcom of Copyright Infringement, Racketeering, Money Laundering, and Wire Fraud among other charges. Those filings led to the January, 2012 raid on Dotcom's home in New Zealand. Seventy-six police and two helicopters assisted by the FBI seized Dotcom, $17 million in luxury cars, televisions and....
An extradition trial over Kim Dotcom and three colleagues in Auckland, New Zealand began on Monday amid controversy. He even brought his own chair. Megaupload founder Kim Dotcom appears in court to fight U. S. extradition: http://t.co/eERBd8Wct8 pic.twitter.com/INmk6e4QCb. - Reuters Tech News (@ReutersTech) September 21, 2015. Dotcom, along with two executives for file-sharing site Megaupload, were indicted by a grand jury in the Eastern District of Virginia. The indictment, dating back to January 2012, led to a FBI shutdown of Megaupload and then a dramatic raid at the Internet....
Kim Dotcom took to Twitter, where he has the eyes of some half a million people, to explain that there was a snag in the recent planned launch of Bitcache and Megaupload2, the Bitcoin enhancement layer (allowing for tiny, automated transactions) and the incentivized file sharing platform that intends to use it. According to Dotcom, the firm attempted to merge with a Canadian company that had valued them at $100 million and would have provided another $12 million. However, “complexities” resulted when the firm demanded “intrusive” information from Bitcache. Dotcom did not go into specifics,....