REDWOOD CITY, Calif., Aug. 31, 2020 /PRNewswire/ — 1World Online has introduced that it has chosen to construct on Algorand and will likely be receiving future funding from Borderless Capital. 1World Online is a blockchain-powered engagement & monetization platform for publishers, manufacturers and customers.
“1World Online leads the space of using blockchain to bring economic incentives to the Media Industry, and we consider it one of the most promising Blockchain applications,” says Arul Murugan, Founding Managing Partner at Borderless Capital. “With 1World Online’s growing network of +3000 publishers and advertisers, +20M users, multi-million dollar revenue, and track record in innovation and execution makes it well positioned to ignite mass adoption of blockchain in media and capture a significant portion of the $148B Content Marketing Market.”
Algorand is a scalable, safe and decentralized digital forex and transactions platform. 1World Online and its associates will likely be utilizing Algorand as its major infrastructure layer and leveraging its capabilities for tokenization. Borderless Capital invests in category-leading companies creating financial worth within the borderless economic system. The funding will allow 1World to offer incentives to all members in its ecosystem: Publishers and their Audiences and Advertisers, which cowl engagement, content material creation, analysis and promoting use circumstances.
“Algorand is one of the world-leading Blockchain platforms and provides numerous tools and utilities for building best-in-class applications,” says Alex Fedosseev, CEO and Founder of 1World Online. “We are honored and excited to become their technology partner and a portfolio company of Borderless Capital, and look forward to building the best token economy for media space together.”
1World and its associates will develop a mutually helpful relationship with the Algorand ecosystem by integrating Algorand as an infrastructure layer. 1World Online and Algorand will work collectively to proactively collaborate in co-marketing actions and the launching of merchandise within the Algorand ecosystem. 1World may also collaborate with Borderless Capital’s portfolio companies, Algorand’s partners, the Algorand Foundation, and different entities within the Algorand ecosystem. The pilot is scheduled for This fall 2020 and full deployment anticipated in 2021.
1World Online and its associates will likely be launching next-generation tokens that may simply be supported by way of Algorand’s current pockets apps, exchanges and OTC desks. By rising the supply and liquidity of its tokens, the corporate hopes to develop and increase participation all through Algorand’s rising token economic system.
About 1World Online
1World Online is a blockchain-powered engagement & monetization platform for publishers & manufacturers. It gives easy, however efficient engagement purposes, distinctive participating content material, ongoing market analysis, internet advertising & promotion capabilities, and insightful end-user analytics. To assist 1World Online’s mission to disrupt the digital media trade gaining a monetary stake of their success, go to their fairness crowdfunding marketing campaign on Republic.
About Borderless Capital
Borderless Capital is a contemporary monetary establishment investing capital and constructing monetary merchandise that speed up entry, bootstrap adoption, and create worth globally by way of the Algorand borderless economic system.
About Algorand Inc.
Algorand Inc. constructed the world’s first open-source, permissionless, pure proof-of-stake blockchain protocol for the subsequent era of economic merchandise. This blockchain, the Algorand protocol, is the brainchild of Turing Award-winning cryptographer Silvio Micali. A know-how firm devoted to eradicating friction from monetary alternate, Algorand Inc. is powering the DeFi evolution by enabling the creation and alternate of worth, constructing new monetary instruments and providers, bringing property on-chain and offering accountable privateness fashions.
SOURCE 1World Online, Inc