The Currency Analytics

SiaCoin (SC) Thrilled About the $3m Funding Round Led By Paradigm

By Maheen Hernandez

Nebulous is the company which has made possible Sia Decentralized cloud storage platform and the Skynet application hosting platform.

Sia tweeted:  “We are thrilled to announce a $3M funding round led by paradigm with participation from a powerhouse group of investors!”

Monopoly in the internet has put lot of user data under the control of those whom we do not want to control them.

Developers will be able to deploy apps on the decentralized network facilitated by Skynet.  End-users will be able to enjoy Skynet without having to run full nodes or having…

The official press release talks more about the Paradigm.

David Vorick stated that he was Excited to buckle up with @paradigm for the birth of Skynet and the next phase of our company.

David also expressed that On Skynet, you can pin your applications, ensuring that you have access to them even after the developers disappear.

Sydney Ifergan, the crypto expert tweeted:  “3,000,000 USD investment is truly a desirable Prototype from paradigm in the adoption of SiaCoin (SC).

Recently there was a guest post about SkyLive, which is the first live streaming app that was built on the Skynet.

Getting SkyLive happed after lot of problems were solved ranging from “you can’t stream continuously on Skynet as you can’t upload an in-progress video file.

Today, SkyLive continues to improving with Skynet.

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