Blockchain-based Revenue Platform Stem Announces US$4.5m Funding Round
The software used by Stem, which is based on blockchain technology, lets creators aggregate data from a lot of different distribution platforms. Monetizing content on the Internet is not an easy task these days, but there are solutions under development as we speak. Stem, a startup using the blockchain to help content creators collect and share revenue, recently announced a US$4.5m funding round. One of the hardest things to do as a content creator is earning money and keeping track of where all funds are coming from. Thanks to a wide variety of platforms in existence to try and make a....
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Stem a new startup tapping the power of blockchain technology and cryptocurrency is creating an application that aims to provide content creators a “fair share of earnings and information in a clear and timely manner.” The company has just raised $4.5 million USD in funding led by investment firms such as Upfront Ventures, and well-known music industry....
By raising $1 million in seed funding, blockchain startup RSK Labs will develop Rootstock, a smart contracts platform that will be deployed as a sidechain on the bitcoin blockchain. In a funding round led by bitcoin mining hardware company Bitmain Technology, RSK Labs has raised $1 million in a successful initial seeding round to develop Rootstock – a smart contracts platform secured by the bitcoin blockchain. The funding round was supported by London-based blockchain investment firm Coinsilium and New York-based bitcoin- and blockchain-investor Digital Currency Group. The first of its....
Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round was led by a16z, which considers we are at a turning point in the web3 space. The company has multiplied its revenue by 15x in the last six months, a testament to the impact it has caused on the ecosystem.
Alchemy Reaches $3.5 Billion Valuation
Alchemy, a web3 and blockchain infrastructure provider, has reached a milestone by raising $250 million in its series C funding round. The round was led by....
Bangalore, India-based Bitcoin exchange Unocoin has become the highest-funded digital currency startup in India. The company has announced it has raised $1.5 million in a Pre-Series A funding round. Funds Stem From International Investors and Strategic Indian Firms. During the announcement, Unocoin co-founder and president Sunny Ray said the team started....
NFT marketplace Rarible announces it has raised $14.2 million in a Series A funding round. The company, founded just last year, plans to use the funding for advancing their goal of making NFTs more mainstream. Behind the Series A funding round were names like Coinfund, Venrock, and 01 Advisors. Rarible is an NFT marketplace that […]