YouTube on the Blockchain
Silicon Valley startup Lino Startup Raises $20 Million to Build YouTube on the Blockchain with a decentralized, collectively-owned video content distribution system.
Explaining the company's mission, its website says that:
company's LINO tokens will operate as the system's currency.
Lino's website states:
"We believe in decentralized, peer-to-peer [content delivery networks (CDN)], but current projects seem not ready for stability and costs,"
Transactions will be free of charge. The "auction system" is a reflection of that engagement.
Wilson Wei Lino chief executive told TechCrunch:
full curated news at : https://www.coindesk.com/lino-raises-20-million-youtube-fight/
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