New decentralised social network ONO has secured $16m from investors in a series A funding round. To learn more about ONO, visit ono.chat. The Chinese start-up was founded in April of this year, and uses blockchain technology to give users more control over the use of their personal data and content. In two months it says it has signed up 280,000 users, with a 65% retention rate. The funds come from investors including INBlockchain, China Growth Capital, Purple Cow Fund and Korea Investment Partners. Onavo is an open source platform that allows people to share content on any topic they want without having to pay for it.
New decentralised social network ONO has secured $16m from investors in a series A funding round. The Chinese start-up was founded in April of this year, and uses blockchain technology to give users more control over the use of their personal data and content. In two months it says it has signed up 280,000 users, with a 65% retention rate. The funds come from investors including INBlockchain, China Growth Capital, Purple Cow Fund and Korea Investment Partners. Onavo is an open source platform that allows people to share content on any topic they want without having to pay for it.