Bitmain Invests $3M in Blockchain-Based Ad Platform tribeOS

Cryptovest

Published Aug 08, 2018 02:29AM ET

Updated Aug 08, 2018 03:42AM ET

Bitmain Invests $3M in Blockchain-Based Ad Platform tribeOS

China’s crypto mining company Bitmain Technology invested $3 million in tribeOS, a digital advertising platform developed on the Bitcoin Cash (BCH) blockchain network. The company aims to help advertisers and publishers stay away from ad frauds and share ads and data in a secure manner. TribeOS revealed that the funds from the seed investment would go to building the company’s team and development of the marketplace, which is planned to be launched next year.

TribeOS CEO Matt Gallant commented on the deal:

“When industry leaders like Bitmain invest in a blockchain-based advertising platform like tribeOS, it signals a paradigm shift, not only in ad tech, but for the entire online advertising ...


This article appeared first on Cryptovest