An early investor in Twitter is seeking to fund a blockchain alternative to the popular social media platform.
In new remarks to CoinDesk, Naval Ravikant, the co-founder of AngelList, revealed he intends to sponsor a prize that will be awarded to anyone who can develop a version of Twitter with no central authority, and where users are able to monetize their contributions.
While details about the prize remain sparse, Ravikant told CoinDesk:
Blockstack's competition is modeled off the prestigious XPRIZE, established in 1995 by entrepreneur Peter Diamandis and Google director Ray Kurzweil to reward innovators who tackle some of the world's largest problems.
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Image of Naval Ravikant via CoinDesk press images
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