Blockstack Publicly Files $50M Regulated Token Offering with SEC
We're excited to announce Blockstack Token LLC, a wholly-owned subsidiary of Blockstack PBC, has filed an offering statement with the Securities and Exchange Commission (SEC) to conduct a $50 million token offering using the SEC Regulation A+ framework. The net proceeds of our offering will be used to accelerate the development of Blockstack's decentralized computing stack and app ecosystem.
We're looking for developers & entrepreneurs that want to help end data breaches, predatory ad models, and the commoditization & abuse of individuals' digital identities. Enter the 'Can't Be Evil' contest by submitting an app that is private by default, leaves the user in full control of their data, and protects their fundamental digital rights. In other words, submit a Blockstack app!