Blockchain Capital invests in High Fidelity

High Fidelity, a social VR startup founded by one of Second Life’s original creators has bagged a $35 million Series D led by Blockchain investment firm Galaxy Digital Ventures. Also participating in the round were Breyer Capital, IDG Capital Partners, Vulcan Capital and Blockchain Capital.

The startup is building the framework for a linked universe of user-generated worlds where people can meet up in VR with a backbone that the company’s leadership believes will allow the company to scale quickly once VR hardware catches up with expectations.

Netflix partnered with Telltale Games on 'Minecraft'

We can all stop asking who will be the first to launch "the Netflix of games." We have our answer now, and that answer is... Netflix!

Slow down, it's not as big a splash as you might think. Netflix reached out to Mashable to clarify some of the earlier reporting, and we now have a much clearer picture of what's happening here.

TechRadar initially reported that the service will be announcing a partnership with Telltale Games that will bring Minecraft: Story Mode, the episodic series, to the service. Each episode will stream as a video file, and you'll be able control them using any remote equipped with a directional pad and select buttons.

Hadron Announces Decentralized computing network for massively scaled AI

The Hadron AI Marketplace provides an means to conduct both machine-powered and human AI training. Users who wish to passively earn rewards for unused compute power download the Hadron Workforce App to their devices and connect to the marketplace. Active earning is also enabled through completion of human intelligence tasks for AI training through a game-like interface. Monetized datasets will also be available on the platform which can be bought or rented to train AI models.

ReadyUp unveils platform for managing esports teams

ReadyUp is coming out of stealth mode today to announce it is creating a platform for esports team management.

The platform will advance the company’s vision to advance the cause of both amateur and professional esports athletes. San Francisco’s ReadyUp has created tools for roster management, scheduling, and communication. Those tools will enable esports athletes to efficiently manage and optimize their teams, allowing them to focus on competition and player development.

The platform will launch in the fall of 2017. Roderick Alemania serves as the CEO of ReadyUp. He previously held executive roles at IGN Entertainment/Fox Interactive Media, Vudu, Six Apart, and Tapjoy.

Access Network Launches ICO

The Access Network, an incentivized token economy governed by its participants, announced its upcoming launch today. Access Network (ACX Network) is created by the visionary blockchain startup Atlas Money, a fast growing P2P banking platform in West Africa with more than 300 agents and nearly 20,000 users who have already banked over $1.5M. Co-founded by a Techstars Alum and Peter Thiel fellow, Atlas has raised over $3.2M and is backed by notable investors such as Tim Draper, 1517 Fund, MITS Fund, and Partech Ventures.

Why Spotify is Not Doing an IPO

Spotify’s big day is getting closer, as the music-streaming giant kicks off its public listing push with its official Investor Day presentation later today.

The event is scheduled to be livestreamed from around 10 a.m. (Pacific), but ahead of the big broadcast the company has posted videos outlining various aspects of its business, including where it has come from, its business model, and a product overview. This is typical for any company that’s about to go public — after all, it wants to generate interest in its shares. But included in Spotify’s library of videos is a tidbit outlining five reasons why it’s choosing to list directly on the New York Stock Exchange (NYSE), as opposed to following a traditional IPO route.

Senreve Opens First Showroom

Senreve’s new showroom reflects the qualities of its handbags: refined, minimal and functional. The space is designed as a private living room with the signature bags replacing a collection of books on its white shelves

Launched at the end of 2016 by fashion entrepreneurs Coral Chung and Wendy Wen with the Maestra and the Doctor bags, the company has grown quickly in less than two years.

Blockchain Capital adds New Venture Partner

Blockchain Capital, a San Francisco, CA-based venture capital firm focused exclusively on the blockchain technology sector and crypto ecosystem, has added Jimmy Song as a Venture Partner.

Song, a Bitcoin Core developer, brings deep technical expertise to Blockchain Capital. He will serve as a new bridge between Blockchain Capital and the crypto developer community, provide technical expertise to the firm’s investment research, and lead upcoming programs to foster blockchain technology innovation.

Spotify Plans Disruptive Direct IPO

Spotify AB will soon shine a bright light on just how big the holes are in our capital markets. Far more than just bankers should take note. 

Sometime, reportedly by the end of March, shares of the streaming music service will start trading for the first time. The deal, a direct listing, has received attention for some time because it's unusual. The usual pomp around stock deals will be absent -- no road show, no quiet period, no coordinated stock sale, no actual IPO. Spotify shares will just emerge one morning and trade like any other stock, at least that's the plan.

1World Online and Bitfury Announce Strategic Partnership to Bring Blockchain-based Solutions to the Media and Publishing Industry

1World Online, the blockchain-powered engagement and revenue platform for publishers and brands, and Bitfury, the world's leading full service Blockchain technology company, announced today a strategic partnership to create blockchain-based solutions for the burgeoning media and publishing industry. 1World's expansive customer base of 12 million total users will witness the benefits of this collaboration immediately.

Edinburgh tech start-up Amiqus has AIM flotation in its sights

Amiqus, whose software allows professional services firms to carry out money-laundering checks on prospective clients, has raised several hundred thousand pounds in a funding round launched in September.

Investors include San Francisco-based Fifth Era Capital as well as Mr Crombie, former Dickson Minto partner Kevan McDonald and CH&Co chairman Tim Jones and chief executive Bill Toner.