Minds, a decentralized social network, has raised $6 million in Series A funding from Medici Ventures, Overstock.com’s venture arm. Overstock CEO Patrick Byrne will join the Minds board of directors.

According to TechCrunch, the network’s creators see its network as an anti-surveillance, anti-censorship platform that “ensures that no one party controls your online presence.”

“There has been increasing excitement in recent years over the power of blockchain technology to liberate individuals and organizations,” Byrne said. “Minds’ work employing blockchain technology as a social media application is the next great innovation toward the mainstream use of this world-changing technology.” Read more here.

ThirtyK Staff
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