OST
244 Fifth Avenue Suite 1287, New York, NY, 10001, United States
Overview
Ost powers the Ethereum Application Layer. Ost technology features the industry’s first seamlessly embeddable Ethereum smart contract wallet — developers don’t need to learn blockchain, users don’t even need to know it’s crypto. -Turn any user action into a token transfer — e.g. any upvote, like, comment, review, message, consumption, engagement, wager -Micro-transactions made possible — process tx at fraction of a cent vs. $0.30 + 2.8% Stripe fees -Enabling the future promises of Libra, already today — simple, easy, peer-to-peer payments, way out ahead of the market -Regulatory compliant, FinCEN compliant, Apple app-store compliant -Pepo by Ost is the first crypto-powered app approved by Apple, with in-app purchase and cash-out options -Numerous 3rd party use cases
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Blockchain
- Cryptocurrency
Investment portfolio
- Unsplash
Led · Series A · Feb 2018
Unsplash is a curated high-resolution photo platform based in Montréal, Canada, led by CEO Mikael Cho. The product offers free, open, high-resolution photos and is built around a community of 65,000+ creators, 300,000+ photo taggers and curators, and more than 25 million users. The company intends to use the Series A proceeds to continue developing the platform and its business model. According to a company post, "It won’t be a model where photos are going to be paid for with cryptocurrency" and the model will instead leverage Unsplash’s distribution to bring opportunities to contributors while maintaining the community’s open, free-to-use principles. The company recently raised C$7.25m in Series A financing to support these plans.