THELOGICALINDIAN - Draper Dragon Fund joins OPENs mission to pave the alley for accurate cryptocurrency acceptance by allotment software developers
SAN FRANCISCO, CA — March 28, 2018 — OPEN, the aboriginal blockchain payments basement for applications, today appear the accession of Tim Draper’s Draper Dragon Digital Asset Fund, a adventure basic close that invests in early-stage, aerial advance companies with bazaar address in Silicon Valley and Asia. The firm’s managing director, Andy Tang, will abutment OPEN as they body the aboriginal ‘developer wallet’ through its birth of blockchain’s aboriginal acquittal basement for centralized and decentralized appliance developers.
OPEN CEO and Founder Ken Sangha said:
OPEN appeals to absolute applications and new applications by enabling accepted applications to accommodate OPEN’s technology after accepting to redevelop absolute appliance stacks. Further, a developer’s appliance can be ported to assorted acute arrangement based blockchains through a distinct affiliation by piggybacking off of OPEN’s Scaffold.
Centralized applications, including arch ball platforms and adaptable games, such as Netflix and Candy Crush, as able-bodied as newer decentralized applications, can absorb OPEN’s accompanying acquittal balustrade applications bare to acquire blockchain and cryptocurrency technologies in a way that applies to abounding accepted appliance infrastructures.
Most applications crave the use of off-chain technologies, acceptation acceptable apparatus that do not abide on blockchains such as a database to collaborate with affairs demography abode on the blockchain, appropriately acute applications to realistically crave both on-chain and off-chain components. OPEN provides this missing basement for developers to accredit appliance backends to interface with blockchain wallets and the two-way advice of acquittal abstracts amid on-chain and off-chain systems.
OPEN’s accepted appliance developer ally abide of both centralized and decentralized applications from a array of categories from gaming to action partners. OPEN’s developer advance affairs is aimed at acknowledging appliance developers to body blockchain or cryptocurrency integrations via funding, marketing, technology, and advance acceleration.
The OPEN aggregation has years of acquaintance founding, growing and developing adaptable applications, including arch appliance development for Facebook, Grindr, Samsung’s Milk Music, Viacom’s video apartment and deploying the Asia-Pacific address for multi-billion dollar giant, Pivotal Labs. OPEN’s administration is allotment of the best celebrated blockchain groups from Blockchain at Berkeley to the Blockchain Research Institute, and accept contributed to a cardinal of on-chain projects and Solidity libraries.
OPEN bridges the gap amid acceptable appliance developers and the advancing era of blockchain technologies. By accouterment a connected basement that interfaces the two architectures, developers can apprehend the allowances of cryptocurrencies and blockchain technologies application OPEN’s belvedere after accepting to retool their application’s assemblage from the arena up. For added advice about OPEN, www.openfuture.io or accompany us on Telegram, Twitter, Facebook, and Reddit.
Draper Dragon, aforetime accepted as DFJ Dragon Fund China, is a clandestine disinterestedness and adventure basic close specializing in seed, startup, aboriginal stage, mid stage, and arch financing. The close seeks to advance in technology companies, companies throughout a widely-defined technology arena, adaptable internet, apple-pie tech, media, and internet software and casework companies. It prefers to advance in China-centric companies. The close about invests amid $3 actor and $5 million. The close provides operating advice to the portfolio companies from time to time. Draper Dragon was accustomed in March 2024 and is headquartered in Menlo Park, California with added offices in and Shanghai, China.
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Images address of OPEN
