Blockstack

DLT Technology
Blockstack header

Blockstack

DLT Technology

Blockchain-based App Ecosystem

United States, New York
$94M
Total amount raised
2013
Year of establishment
Active
Status

About

Hi we’re Blockstack!


Blockstack is a full-stack decentralized computing network that enables a new generation of applications where developers and users can interact fairly and securely, while curing the ills of centralized Internet design. Blockstack builds protocols and developer tools designed to enable a fair and open Internet that returns digital rights to developers and consumers. Led by some of the world's foremost experts on distributed systems, Blockstack allows users to own their own data that they can take with them from app to app in the ecosystem, along with their Blockstack ID that eliminates the need for password-based logins. The end result is privacy, security, and freedom.

At the foundation of their network is the Stacks blockchain, which is designed to (a) scale decentralized applications, and (b) incentivize developers to build high-quality applications on the network. Blockstack’s new smart contracting language, Clarity, enables powerful on-chain expressibility while optimizing for security and predictability of smart contracts and admitting static analysis for all transactions. A key component of their architecture is a highly scalable and performant decentralized storage system, called Gaia, that enables user-controlled private data lockers. Users connect their private data lockers to their Blockstack client software, and applications write user data to the data locker directly. A universal ID and authentication system, called Blockstack Auth, removes both the need to sign up separately for each application as well as the need for password-based logins.

In July 2019, The Securities and Exchange Commission (SEC) gave blockchain startup Blockstack the go-ahead to conduct a $28 million digital token offering under Regulation A+, the first token offering of its kind ever approved by the SEC. Blockstack raised over $70 M in funding from lead investors like DCG (Digital Currency Group), Blockchain Capital, SVAngel, Foundation Capital, etc. Over 200 apps have been launched on Blockstack’s platform.

Key objective

Build an ecosystem that gives your users control over their fundamental digital rights: Identity, data-ownership, privacy, and security. Join us and help build the new internet.

Slogan / Motto

A new decentralized internet

Use cases

Decentralized Applications
Blockchain Development Platform
Blockchain Services
Infrastructure

Team

Customers / Partners

Products

Tokens

Blockstack
Blockstack
($STX)
Type
Equity backed
Price
$0.37
Market Cap
$0.00

Funding

Received funding
$93,900,000
Total amount raised
9
Rounds
48
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
$7,600,000
ICO/Token Sale

$15,500,000
ICO/Token Sale
Frontier Ventures
N/A
Corporate
Fenbushi Capital
Fundamental Labs
Hashkey
IOSG Venture
SNZ Holding
Tembusu Partners
The Spartan Group
$12,700,000
STO
East Chain Co.
Harvard University endowment
$52,800,000
ICO/Token Sale
Alumni Ventures Group
AVG Blockchain Fund
Blockchain Capital, LLC
Cypher Capital
Digital Currency Group
Fabric Ventures
Foundation Capital
Frontier Ventures
June Fund
Lux Capital
Naval Ravikant
Oyster Ventures
Qasar Younis
SV Angel
Union Square Ventures
Visary Capital
Winklevoss Capital
zk Capital
N/A
Venture
Rising Tide
$4,000,000
Series A
Compound
Digital Currency Group
Kal Vepuri
Lux Capital
Naval Ravikant
Rising Tide
Union Square Ventures
Version One Ventures
$1,300,000
Seed
Ben Davenport
Digital Currency Group
Kal Vepuri
Marc Bell Ventures
Naval Ravikant
Shana Fisher
SV Angel
Union Square Ventures
N/A
Seed
Y Combinator
Dorm Room Fund
Digital Currency Group

News

Hiro, formerly Blockstack, Says STX Token Is No Longer a Security

Hiro (formerly Blockstack) believes it has finally converted the first registered crypto security to a decentralized utility token.


12 days ago


Product update/release
Blockstack

Cosmos and Blockstack hackathons offer glimpse into DeFi’s future

A pair of hackathons from two fast-rising blockchain projects augur more composability, interoperability, and tooling for DeFi


5 months ago


General news
Blockstack

Blockstack's CEO looks to build a new framework for crypto securities

Blockstack's ecosystem has exceeded the firm that gave it life, argues CEO.


5 months ago


Product update/release
Blockstack

Real-world use cases for Nexo, Elrond and Blockstack lure in investors

Traders are taking note of Nexo, Elrond and Blockstack as tokens offering real-world use cases rally higher.


5 months ago


Investment
Elrond
Blockstack

OKCoin to Airdrop Up to $1 Million of Free STX Cryptocurrency

OKCoin plans to be the first US exchange to list Blockstack's STX tokens, which were initially sold to investors as securities in an SEC-qualified sale.


5 months ago


General news
OK Group
Blockstack
U.S. Securities and Exchange Commission (SEC)