Global Blockchain Technologies Corp is Investing in Steem!

in #steemit • 7 years ago (edited)

Global Blockchain Technologies has entered into an agreement to get into a joint venture with Steem to create a 20 million dollar fund to support startups that build solutions on the Steem Blockchain. This is incredible news for the community as Global Blockchain Technologies Corp is a publicly listed company and will surely bring more exposure and to the Steem blockchain and Smart Media Tokens (SMT).

Here is what Rik Willard, the CEO of GBT Corp had to say about the milestone deal:

"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 really think this is the first investment of many. We might be seeing huge fund inflows into Steem real soon, and you know what that means! (Steemit at USD10 maybe?- who knows?)

Overall, I think its really great news for everyone (the community) that is involved in Steem. We might be going mainstream faster than you expect people, hand on tight!

#smt #cryptocurrency #curation #teammalaysia
7 years ago in #steemit by
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     7 years ago 

    Great news !

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     7 years ago 

    Bring on the $10 plus :)

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     7 years ago 

    Yeah! Bring it on!

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       7 years ago 

      Congratulations! This post has been upvoted from the communal account, @minnowsupport, by cryptochindian from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

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         7 years ago 

        This post has received a 0.22 % upvote from @drotto thanks to: @banjo.

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