Trust Machines, a new venture co-founded by Stacks inventor Muneeb Ali and Princeton University Computer Science professor, JP Singh, has recently raised $150 million to expand the Bitcoin ecosystem as a Web3 platform., the company noted that its goal is to create the largest ecosystem of BTC-based applications that “unlock Bitcoin’s potential as a final settlement layer for computing platforms and applications.
Trust Machines will be built on the latest success of Ali’s Stacks, a project building smart contract layers on the Bitcoin blockchain to make the ecosystem a platform for Web 3 apps. Per the press release, while Bitcoin remains the largest and most popular cryptocurrency protocol in the industry, other blockchain networks have dominated the rapidly growing NFTs, DeFi, and metaverse space, leaving the asset to be used only as aTrust Machines intends to change that narrative to make Bitcoin a productive, less passive asset, create programmatic demand for it, and grow a dominant ecosystem of cutting-edge apps and technologies on its blockchain across various industries.
Cryptocurrencies are becoming increasingly popular. Another proof of this is the demonstration of Ledger hardware wallets in YG's new music video with J. Cole and Moneybagg Yo. Here are screenshots and the video itself.
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Trust Machine Raises $150 Million in Funding from Breyer Capital, DCG and Hivemind to Expand Web 3 | HackerNoon'Trust Machine Raises $150 Million in Funding from Breyer Capital, DCG and Hivemind to Expand Web 3' web3economicinfrastructure funding
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Trust Machines Secures $150 Million in Funding to Advance DeFi on BitcoinLaunched by muneeb, novel platform Trust Machines secures $150 million to advance the usage of Bitcoin $BTC in Web3 Bitcoin muneeb Despite these pullback we’ve had not quite long am still confident Bitcoin sees another high soon this year. However everyone should follow Sotb12c tweets and predictions I’ve been holding firmly Follow her. Crypto redteam blockchain muneeb Don't let them fool ya! muneeb
Source: Utoday_en - 🏆 295. / 63 Read more »
Trust Machine Raises $150 Million in Funding from Breyer Capital, DCG and Hivemind to Expand Web 3 | HackerNoon'Trust Machine Raises $150 Million in Funding from Breyer Capital, DCG and Hivemind to Expand Web 3' web3economicinfrastructure funding
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