Topic: Filecoin Presale Raises $52 Million Ahead of ICO Launch - page 2. (Read 1491 times)
This sounds like Siacoin. Decentralised cloud storage where users can rent out their unused disk space for Siacoin tokens.
Why do you think, is it worth it or just ridiculous price for such a project?
Storage is already dirt cheap and very difficult to make profit on. How ever, the use cases are end less. If they get their game right, they could have lot of margin while providing high availablity storage at ridiculously less $ per gig. My only worry is that, they raised too much too early. No company ever wins by doing that. It just instills bad spending habits like the guys at juicero (who built a juicer machine that costs $800 and can be replaced by just using hands).
San Francisco-based startup Protocol Labs has sold $52 million in a token pre-sale ahead of an initial coin offering launch next week.
Notable backers of the Filecoin pre-sale include Union Square Ventures and Sequoia Capital, according to a representative of the startup. The Wall Street Journal covered the pre-sale earlier today, and in a tweet, reporter Yuliya Chernova said that Winklevoss Capital, Digital Currency Group and Y Combinator president Sam Altman also took part.
Why do you think, is it worth it or just ridiculous price for such a project?
Notable backers of the Filecoin pre-sale include Union Square Ventures and Sequoia Capital, according to a representative of the startup. The Wall Street Journal covered the pre-sale earlier today, and in a tweet, reporter Yuliya Chernova said that Winklevoss Capital, Digital Currency Group and Y Combinator president Sam Altman also took part.
Why do you think, is it worth it or just ridiculous price for such a project?
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