27 Jun '15, 5pm

Ascribe Raises $2 Million to Encode Artistic Copyrights on the Blockchain #bitcoin

Ascribe, a platform which enables artists to record their intellectual properties on the Bitcoin blockchain has raised US $2 million in a seed funding round from investors including Barry Silbert’s Digital Currency Group, Earlybird Venture Capital, Freelands Ventures, and other angel investors. With the new financing, Ascribe aims to improve its platform to make it more efficient for artists to record ownership of their works, to onboard new developers to build on their API that helps marketplaces and platforms to display the registered artwork, and to increase awareness of their platform. Using the Bitcoin blockchain, Ascribe allows artists to create records of permanent and unchangeable copyright and ownership of their artwork that can be verified and tracked instantly. Since the data and copyright cannot be changed once it is registered on the blockchain, artists will b...

Full article: https://bitcoinmagazine.com/21034/ascribe-raises-2-millio...

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Blockchain Startup Raises $2 Million for Intellectual Property Solution #bitcoin

Blockchain Startup Raises $2 Million for Intell...

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