Steem - The most active Blockchain to receive a $20m investment into his Smart Media Token Project
A Blockchain Investiment Company to invest $20M into Steem's Smart Media Token Project.
Called Steem Fund, the $20M fund is design to support the development of applications based on Smart Media Token (SMT), a sub-protocol build on Steem. SMT are new ways for publishers and organizations to monetize their online content and community, based on well tested blockchain technology - Steem
Ned Scott, CEO of Steemit Inc. said:
"Today's announcement makes the future for Steem brighter than ever. The Steem Blockchain is faster and already larger than the Bitcoin and Ethereum blockchains combined, and working with Global Blockchain Technologies Corp. is going to exponentially increase the number of applications built on Steem in an accelerated amount of time."
According to the announcement, the Investment Company and Steemit Inc. will jointly determine the distribution of all investments, currently planned for full deployment by 2020.
Rik Willard, CEO of Global Blockchain Technologies Corp. said:
"We're proud to be the first publically traded company to make a significant investment in the Steem ecosystem. No current open source and public blockchain protocol is more mature, scalable, and as rapid as Steem."We are convinced that traditional media companies from every corner will find that Steem's technology will be a better way to monetize and distribute existing content and future works."
I believe this could take Steem protocol to another level and we could see many initiative like this coming in 2018. A good technology with a good community responding to a real problem could only attract investment.
Marketcap is not the only metric to look after when evaluating a Blockchain technology, activities also count and we can witness on Blocktivity the most active Blockchains in the space... http://blocktivity.info/
Source: http://www.ibtimes.co.uk/global-blockchain-technologies-announces-20m-fund-invest-steem-smts-1647127
Salut, je ne connaissais pas Blocktivity; encore un petit outil bien sympa! merci pour ce partage d'informations !
Top merci pour l'info :-) !! ça fait du bien des bonnes nouvelles pour commencer la journée 7h00 chez nous !
A bientôt !!
finally something to talk about :0
Thanks brother @darsico...😗😗😗
Merci pour l'info ! c'est bien de voir du mouvement
Hi @pnc
Thanks for avoiding tagg "fr" when the content is not relevant
vote done follow me back and vote me for more votes
This is great. I see a great future for steem. :)
Great informative post! Upvoted & Re-Steemed :-)
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STOPthats amazing; Steem is literally headed to the top.