In a pointed backhander to Google’s now-defunct “Don’t be Evil” mantra, Blockstack is piling on an extra incentive to encourage app developers to use their decentralized computing platform.
Earlier this year, Blockstack made history by becoming the first SEC-qualified token offering in the United States, raising over $23M in the offering and a concurrent Asia strategic round from more than 4,500 individual investors and entities. The New York-based company is healthily backed by Union Square Ventures, Y Combinator, Lux Capital, and Digital Currency Group.
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Blockstack announced that the monthly payouts for its App Mining Program are set to gradually increase, targeting $1 million in STX tokens by May 2020 for the highest ranking apps. Participants in the program so far have included anyone from students, to writers, developers, serial entrepreneurs, and more. Blockstack’s app ecosystem now has over 300 applications and delivers more than $200,000 each month through its App Mining Program.
Blockstack Dapps
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There’s now more than 300 of these decentralized applications aimed at protecting you from the ground up, including solutions for blogging, fundraising, and creative collaboration.
