This Silicon Valley Backs Blockchain Startup Wants to Become the Wikipedia of Data88.07

DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others.

In a Medium post, the company, which describes itself as a "blockchain-based Wikipedia,” wants to make it "economically irrational" for false information to be shared. DIRT is looking to create a protocol for crowdsourcing information using the Ethereum blockchain to organize the world's data and make it freely accessible to everyone.

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