Finance News

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

By Maheen Hernandez

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

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

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

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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…

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The official press release talks more about the Paradigm.

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

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

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

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

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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.

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Today, SkyLive continues to improving with Skynet.

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