Blockstack Partners with Spartan Group for Asia Expansion
The first time I learned about Blockstack was a TED talk in 2016 by Co-founder and CEO — Muneeb Ali. I still remember clearly what Muneeb said as he reflected on Google’s famous motto:“Don’t be evil”. Maybe, as he suggested, it should be “Can’t be evil”.
No company on the Internet should have so much power that they get to debate if they should be evil or not. At Blockstack, Muneeb is working to build a version of the Internet where power rests in the hands of its users, not a handful of powerful companies.
Blockstack’s mission is to foster an open and decentralized Internet that establishes and protects privacy, security and freedom for all users. Blockstack has built a full-stack decentralized computing protocol that enables a new generation of applications where developers and users can interact fairly and securely. Through blockchain technology, Blockstack builds protocols and developer tools designed to enable a fair and open Internet that returns fundamental digital rights to developers and consumers. Led by some of the world’s foremost experts on distributed systems, Blockstack allows users to maintain freedom, choice, and data ownership at all times.
The vision of creating a “can’t be evil” Internet has been one of the core tenets for the Spartan Group team members and has shaped where we invest our capital and time. We have been following Blockstack’s progress closely and were excited the first time we met the team in September 2017. Shortly after, their token sale raised $50 million USD from some of the most respected investors in the blockchain space, including some of the best-in-class traditional VCs, as well as a leading endowment fund.
In April 2019, Blockstack announced their public filing with the SEC for a Regulation A+ token offering (here). Upon approval, the offering is expected to be the first SEC-qualified token offering of its kind. Blockstack is seeking to set a new path for a SEC-compliant token offering for a centralized project to gradually become a decentralized network powered by their native utility token.
As Blockstack looks to grow its developer base and bring the decentralized future to the Internet, Spartan Group is excited to be Blockstack’s key partner in Asia. Asia has been a critical driving force behind the popularity of Bitcoin and Ethereum. In this region, we have the biggest mining pools, most advanced chip designers and manufacturers, the largest population of mobile first and mobile only users, savvy entrepreneurs with a unrelenting instinct for monetization, and a billion Internet users who are unbanked or underbanked.
We are very excited to be Blockstack’s partner in Asia and look forward to working alongside the Blockstack team to bring their exciting new technology and ecosystem into this part of the world.
Spartan and Blockstack will be hosting meet-ups and participating in conferences around the Asia Pacific region over the remainder of 2019. We will be targeting the blockchain and general developer ecosystems with a focus on implementation and use case development for a decentralized Internet.
Our next tour of Asia will feature Blockstack’s CEO and Founder Muneeb Ali, Blockstack’s latest addition Brittany Laughlin (Investor Relations Partner), and Spartan Group at all the conferences and community meet-ups.
Catch Blockstack at these upcoming tour dates:
April 26–27: DLT 101, Taipei
April 29: The Blockstack Decentralized Computing Network + Fireside Chat with Zilliqa, Singapore
May 2: The Blockstack Decentralized Computing Network + Fireside Chat with Hashed, Seoul, Korea
We would love to see you at these events! If you are not able to attend any of our upcoming events and would like to get in touch please reach out to Spartan at firstname.lastname@example.org or Blockstack at email@example.com.
We are excited! Hope to see you at our side as we jointly build the new Internet.
Blockstack is a full-stack decentralized computing platform that enables a new generation of applications where developers and users can interact fairly and securely. 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 data and users can take their data with them from app to app in the ecosystem along with their ID, eliminating the need for password-based logins. The end result is privacy, security, and freedom.
About Spartan Group
Spartan Group is a leading Asia-based blockchain advisory and investment firm. Our founders are former tech entrepreneurs, venture investors, and Goldman Sachs finance professionals. Our advisory business provides services to promising startups across the digital asset space, including fundraising, advice on strategy, partnerships and community building. We also provide consulting services to Fortune 500 companies that are expanding into the blockchain industry. Our investment management business focuses on investing in the leading startups and projects in the digital asset universe. We combine our strong expertise in financial markets with our in-depth knowledge and extensive network within the digital asset industry to generate superior returns for our investors.