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OB1, the companionship behind the Bitcoin-powered digital marketplace OpenBazaar, announced today the completion of a $3,000,000 funding circular that saw participation from Union Square Ventures (USV), Andreessen Horowitz in addition to BlueYard Capital. This novel circular of funding brings the full invested inward OB1 to $4 million. In Apr of 2015, $1 1 G one thousand was injected into OB1 from USV, Horowitz in addition to angel investor William Mougayar, to larn OpenBazaar upward in addition to running. OpenBazaar essentially allows eBay-style online commerce without the involve for a corporate intermediary. The press release states: “By removing the intermediaries for commerce online, OpenBazaar enables its users to avoid paying fees or having their merchandise controlled yesteryear middlemen. OpenBazaar has been used yesteryear tens of thousands of people internationally since its launch inward Apr of this year.” The projection is open-source in addition to the

Polychain Capital, a digital currency & blockchain-based digital property hedge fund led yesteryear one-time caput of run a jeopardy officeholder at Coinbase, Olaf Carlson-Wee, has raised $10 1000000 from Union Square Ventures together with prominent bitcoin investor Andreessen Horowitz. The San Francisco-based Polychain Capital volition hold upward looking to purchase into diverse blockchain tokens alongside specific role cases together with applications inward the existent world, “Disproportionate returns volition instruct to holders of the tokens rather than investors inward somebody companies built on meridian of the protocols,” states the Polychain Capital’s Angel page . Carlson-Wee told Forbes in that location are many potential investment opportunities beyond bitcoin-focused startups, “There volition hold upward many types of assets codified into the blockchain, together with they are all non but going to hold upward on the bitcoin blockchain — it’s going to hold upwa