OB1, the company-developer, which in 2017 established a decentralized online platform OpenBazaar, raised $5 million in funding of series A. the Project was supported by investors such as the Chinese mining giant Bitmain, the financial successes of which 217 year eclipsed the results of graphics chip maker Nvidia, and the canadian venture company OMERS Ventures.
OB1 Raises $5 million Series A Financing led by @OMERSVentures and joined by @BITMAINtech to Grow World’s Largest Decentralized Marketplace @openbazaar – https://t.co/AJCIXeY4fq
— OB1 (@OB1Company) March 13, 2018
A few hours after the publication of attracted investments OB1 announced the launch of the program verified by the moderators in OpenBazaar. The immediate plans of the OB1 — launch web and mobile versions of the application and enable clients to buy and sell the cryptocurrency from each other.
Recall that OpenBazaar users can open their own stores, to sell any goods without paying for accommodation listings or without paying commissions, while earning cryptocurrency. In the beginning of 2018 in OpenBazaar was implemented support for Bitcoin payments and Cash zcash for. Until the end of the year OB1 also plans to enter the ICO. The company believes that with its own token, the platform will be able to get rid of the inconvenience of features it supports cryptocurrency.