Microsoft enters the Web3 space by investing in Ethereum co-founder's start-up
Blockchain start-up ConsenSys has raised $450 million, bringing its valuation to $7 billion.
Blockchain start-up ConsenSys has raised $450 million, bringing its valuation to $7 billion. ParaFi Capital led the investment, ConsenSys said Tuesday, also including $Microsoft(MSFT.US$, Japan's Softbank, and Singapore's Temasek as new investors in the company.
Blockchain start-up ConsenSys has raised $450 million, bringing its valuation to $7 billion. ParaFi Capital led the investment, ConsenSys said Tuesday, also including $Microsoft(MSFT.US$, Japan's Softbank, and Singapore's Temasek as new investors in the company.
ConsenSys, based in New York, was founded in 2014 by Joseph Lubin, a co-founder of Ethereum. Ethereum is the blockchain platform behind Ether, the second-biggest cryptocurrency globally.
Web3 is a loosely-defined term that refers to efforts to create a decentralized version of the internet based on blockchain technology. According to CB Insights data, Blockchain start-ups raised a record $25 billion in venture capital funding globally last year, eg.: <The Silicon Valley venture capital firm led a $450 million investment in Polygon, a blockchain network>.
What do you think about blockchain and Web3? Leave ur lovely comments here. If you want to know more, keep following our moments. Thanks for your support!
Web3 is a loosely-defined term that refers to efforts to create a decentralized version of the internet based on blockchain technology. According to CB Insights data, Blockchain start-ups raised a record $25 billion in venture capital funding globally last year, eg.: <The Silicon Valley venture capital firm led a $450 million investment in Polygon, a blockchain network>.
What do you think about blockchain and Web3? Leave ur lovely comments here. If you want to know more, keep following our moments. Thanks for your support!
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Milk The Cow : I think it boils down to whether the governments want to accept it...
Governments trying to control it = Not decentralised anymore = defeat purpose
It will be a good tools if "they" are able to solved the block chain hacking...
If not ur are not safe there.
I see big companies are starting to accept it though.
Moomoo Learn SGOP Milk The Cow: