Cryptocat author for media gets backing4/12/2023 ![]() Connect the external storage device that contains your backup files. The nascent startup has a post-money valuation on paper of $10 million, according to Kobeissi, who is working on the prototype - hoping to launch an MVP of Capsule in March (as a web app), after which he intends to raise a seed round (targeting $1 million-$1.5 million) to build out a team and start developing mobile apps. In the search box on the taskbar, type Control Panel. Select it from the list of results, then select Backup and Restore (Windows 7). Select another backup to restore files from, select the location of your external storage device, and. Cryptocat Author Gets Insanely Fast Backing To Build P2P Tech For Social Media () 63. For now there's nothing to see beyond Capsule's landing page and a pitch deck (which he shared with TechCrunch for review). Posted by BeauHD on Monday Janu06:10PM from the that-escalated-quickly dept. An anonymous reader quotes a report from TechCrunch: The idea for Capsule started with a tweet about reinventing social media. But Kobeissi says he was startled by the level of interest in the concept. ![]() 'I posted that tweet and the expectation that I had was that basically 60 people max would retweet it and then maybe I'll set up a Kickstarter,' he tells us. Instead the tweet 'just completely exploded' and he found himself raising $100,000 'in a single day' - with $50,000 paid in there and then. That example will ground others, and permit law to again characterize those who buy scarce and valuable digital assets as true owners rather than mere users.I've been running a business based on consulting and based on academic R&D services,' he continues. And finally, the article notes that NFTs will serve as a powerful grounding example of digital personal property, a legal form of ownership that is both sorely needed and has not yet been clearly established online. Because transactions in NFTs are in the form of a sale, the law of sales of personal property should apply. It argues that NFTs are personal property, not contracts (despite the “smart contracts” popular nomenclature) or pure intellectual property licenses (despite the currently governing law of digital assets like e-books). This article proposes a clear path for the evolution of the legal underpinnings of NFTs. ![]() In particular, the rules designed for the 2000s internet focused on expanding intellectual property licenses and online contracts to the point that we are mere users, not owners, of digital assets. Yet law has not kept pace with demand for unique digital property. The attraction to buyers is that unlike digital assets like e-books or licensed movies, NFTs can be bought, sold, displayed, gifted, or even destroyed just like personal property. NFTs have grown from a few early breakout successes to a rapidly developing market for unique digital treasures. An NFT that represented ownership of Boardwalk would be quite different from one that represented Baltic Avenue. Unlike Bitcoin, where one coin is the same as another, NFTs are unique, each with different attributes. At root is the next iteration of blockchain technology, unique digital assets called non-fungible tokens. ![]() Markets for unique digital property-digital equivalents of rare artworks, collectible trading cards, and other assets that gain value from scarcity-have exploded in the past several months. ![]()
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