Megaupload entrepreneur creator Kim Dotcom has announced he will launch an ICO for his Bitcache project.
The announcement caps a long-awaited list of updates on the “encrypted anonymous” content sharing platform, which Dotcom has built to incorporate Bitcoin payments.
The ICO, Dotcom announced on Twitter Wednesday, will raise funds towards “building global infrastructure.” At the same time, a limited release of Bitcache will be available for testing by users “next week.”
I don't know why, but I find this whole Kim Dotco ICO launch a bit suspect. Given his recent political dealings that were in the news this past year. Hmmmm...
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I think it is hyped in his usual style...but www.mega.nz is one of his projects and it is legit, amazing and 50 gigs of end to end secured cloud storage for free. So there is something behind it, but will it make money? We shall see! It is interesting to watch his life.
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