Potentially in an effort to avoid any censorship or seizure of funds to get his new project off the ground, Kim Dotcom’s Megaupload2 and Bitcache funding round at Bnk to the Future is only accepting Bitcoin.
While most investments on the platform allow for investments in various currencies, to invest in Megaupload 2 and Bitcache, investors will have to acquire Bitcoin first. Given that the outside goal for this funding round is $5 million, a successful round could already produce a notable spike in the price of Bitcoin, as Dotcom has previously speculated on Twitter he’ll be able to induce. At the time of writing, over $250,000 worth of Bitcoin had already been invested, or more than 400 bitcoins.
More details about the platform’s aims have come to light, as well, including some of its mechanics. Essentially, a basic file transfer will cost the downloader around five cents, whereas uploading will be