“The rest will still be a self-hosting, self-contained, precisely engineered micro-services concept, with IPFS (previously GUN) as a decentralized database/connectivity back-end,” he adds.
“We were looking to solve these issues somehow before this investment and were already considering Dfinity as the potential solution given that it has a programming language that allows for building these ‘custom mini-blockchains’ as we see them.” “The Internet Computer will hopefully be helping us build a ‘customized mini-blockchain’ to solve two issues with Capsule: Global authenticated timestamps for posts as well as a root of trust for user’s authentication keys for posts,” he says. He says that hasn’t changed - but sees potential for TIC to help solve some specific technical issues. Kobeissi’s original concept for Capsule, meanwhile, was to create self-hosting microservices. We could launch an MVP now but are choosing to hold off by a few weeks.” “We’re investigating switching some of the infrastructure from GUN to IPFS, and improving the user interface. “The prototype is ready,” he tells TechCrunch. Mobile apps are also on the cards and the funding will be used to build out Capsule’s team as well (currently it’s around four people).Ĭapsule founder Nadim Kobeissi, a cryptography researcher who previously authored the open-source E2E-encrypted desktop chat app Cryptocat, says they’re on track to put out an MVP this month - once they’ve made a few tweaks to the infrastructure. That’s now been topped up with seed financing to get a prototype to market later this month.
CRYPTOCAT AUTHOR GETS BACKING TO BUILD SOFTWARE
Unable to paint amid the darkness, Kane fell back on developing the unique software that has come to define his practice.Capsule‘s plan to launch a super simple decentralized social media platform which is safe from censorship by Big Tech has advanced another stage: The nascent startup has closed a seed round of funding ($1.5M) led by Beacon Fund, a dedicated crypto fund by Polychain Capital - which is itself focused on startups building on Dfinity’s decentralized network for next-gen ‘open’ apps (aka, the Internet Computer).Īs we reported in January, the idea for Capsule started with a tweet that almost immediately pulled in a pre-seed raise of $100k. #Cryptocat author media backing to build software Through custom algorithms and traditional painting techniques, Kane manifests ideas into artworks that feel rooted deeper in human emotion than in 1s and 0s. His paintings are a melding of order, chaos, geometric shapes and delicate color palettes, like a sort of boolean poetry made by a transhuman impressionist.Īnd yet, in 2014, there wasn’t really a market for it. “My work is peculiar in that it didn’t really fit into the generative art community. And it didn’t really fit into the painting community,” Kane said. “My work is a bit of a hybrid and so finding an audience, especially within the old social media paradigm, was challenging.”īy the middle of 2017, when the original SuperRare contract was still just an unfinished file on a laptop, he all but ran out of money. And I increasingly wanted to squeeze back.” “I felt embraced by the community, it was like a warm hug. On May 6th of 2019, he minted his first artwork on SuperRare and made the decision to speak at a technology conference. “Between 20, I had barely talked to anybody,” he said.
I had to consciously make the decision: I’m going to bring myself back around people. What followed was the CryptoArt explosion. Suddenly Kane found himself helping build a market and lead a community. He was speaking on Twitter, at conferences, and on podcasts. He was entertaining collectors, signing contracts with famed auction houses and fielding requests from young artists. #Cryptocat author media backing to build software.
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