Former LA Dodgers owner earmarks $100M for blockchain-based social media
Cointelegraph
Published Jun 21, 2021 03:53AM ET
Updated Jun 21, 2021 05:40AM ET
Frank McCourt, a billionaire real estate mogul and former owner of the Los Angeles Dodgers, is backing a new effort for a decentralized social media project based on blockchain technology.
McCourt is investing $100 million into an attempt to reinvent the foundations of social media by building a publicly accessible database of people’s social connections on a blockchain, Bloomberg reported Sunday.
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Written By: Cointelegraph
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