Blockstack, What’s Next?
Blockstack is the project building the new decentralized internet. Kind of like that HBO show Silicon Valley lol.
They recently raised funds through a Reg A+ offering. A first in crypto, I wrote about it here.
Let’s see what’s up next for Blockstack.
The way Blockstack works is decentralized apps, dApps, plug into the Stacks ecosystem. And then the token is used to tie into the bitcoin blockchain for security. I love the design.
In December 2018 Blockstack launched App Mining as a way to incentivize founders to build great decentralized apps.
Today there’s over 150 dApps and a growing ecosystem of tools and services.
And Blockstack just announced it will be increasing incentive payouts.
Starting next month, Blockstack plans to award $100,000 in Stacks token (STX) payouts in addition to $100,000 in BTC, doubling the total monthly payout.
The goal is to get to $1,000,000 per month in Stacks (STX) tokens by May 2020.
Blockstack also intends to improve the app review process but increasing the number of reviewers and the number of inputs they can use.
Exciting times for Blockstack, check it out.
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Still learning blockchain development but totally amazed with his features like security, immunity and de-centralization. This technology enables everyone to create his own bank.