![]() if/when there’s a sea of decentralized ‘mega-apps’ that can also claim resilience to censorship? Where, then, does Kobeissi see Capsule’s USP - i.e. So there could soon be a bunch of apps built atop its network touting social networking services without the meddling hand of Big Tech. It went on to demo a TikTok clone - and to open TIC up to outside developers last summer. Last year, for example, Dfinity launched a proof of concept for an ‘open’ version of the professional social network, LinkedIn - which it punningly called ‘LinkedUp’. Given the intent with TIC is to hosts all sorts of decentralized apps it’s possible - indeed, likely - that a bunch of decentralized social media plays will emerge. “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. 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.
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