It’s back to business as usual with DECENT, now that their 8-week initial token offering is over. Having raised ~5,881 bitcoins (currently over $4.3 million USD) and generated around 38.5 million DCT tokens, the decentralized content distribution platform has acquired key partners such as Naughty America, Fastweb and CoinMine.
Now they’re putting those resources to good use. In September, they hired Anatoly Ressin, a blockchain enthusiast with extensive experience in scripting languages. He will lead an 8-man development team in charge of core DECENT architecture, and DECENT began heavily recruiting developers at the beginning of October in order to fulfill the promises laid out in their roadmap.
A lot of that development is occurring in Yerevan, Armenia, AKA “the Silicon Valley of Transcaucasia,” which is home to hundreds of tech companies. That’s where they’ve established the Blockchain RD Hub, led by Harvard grad Gagik Yeghiazarian. This subsidiary will be more focused on building apps on top of the DECENT platform, such as DECENT Web, DECENT Music, DECENT Books, and DECENT Stream.