Lino Raises $20 Million
Lino, a decentralized autonomous video startup, announced today that it has secured $20 million in funding through a private token sale. This round was led by ZhenFund and other investors including FBG Capital, DFund, and INBlockchain.
Lino uses blockchain technology to ensure content value can be recognized efficiently and that contributors can be incented directly to promote long-term economic growth.
The company’s new funding will be used to develop Lino Blockchain and Lino’s video streaming DApp, both of which will be launching later this year, as well as to expand marketing and operations.