Matus Steis
Jan 13 · 2 min read

TOP is a high-performance blockchain with a powerful array of service-level infrastructures, including the world’s first decentralized cloud communication services. The 4 main reasons why Rockaway Blockchain invested in TOP:

TOP is a Blockchain Project with 50M Users Potential

The 3 existing communication apps Dingtone, CoverMe and SkyVPN, combining 50M users, are planned to be migrated to the TOP decentralized networking platform upon its launch.

Very Attractive Value Proposition

  1. Privacy — No one can access the private communication on the network
  2. Trustlessness — No central authority controls the data, no one can shut down the service
  3. Good Monetization Opportunities — Users provide nodes/servers to the network and in turn earn fees
  4. Solid Development Platform — Developers can build and deploy their own communication solutions on top of this decentralized network
  5. Scalability — The network uses (among other types of tech) sharding technology, DAGs and PBFT-DPoS consensus mechanism in order to ultimately achieve throughput of several hundred thousand transactions per second

Experienced Team with a Proven Ability to Deliver

TOP is a team of nearly 100 people, led by CEO Steve Wei (founding employee of Webex). They have a tangible track record in building communication-based businesses and they are currently in advance of the initially announced development roadmap.

Justifiable Valuation

Considering the progress in terms of both technological innovation and adoption, we believe the valuation is justified.

The CEO Steve Wei commented: “As a prestigious institutional investor, Rockaway Blockchain has plenty of resources in Europe. Rockaway will give TOP a leg up in Europe in developer community buildup, fundraising, PR and marketing.”

We are happy to partner up with TOP and look forward to our common successes!

Rockaway Blockchain

Insights from the Rockaway Team

Matus Steis

Written by

Venture Capitalist at Rockaway | Interested in Intersection of Finance & Tech | Oxford & Peking Uni

Rockaway Blockchain

Insights from the Rockaway Team

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade