Bitmark Inc., a Taipei, Taiwan-based blockchain startup for digital property, raised $1.7M in seed funding.
The round was led by Cherubic Ventures with participation from WI Harper and Digital Currency Group.
The company will use the funds to continue to expand the platform.
Led by Sean Moss-Pultz, CEO, Bitmark provides is creating a platform for individuals to affirm ownership of the digital assets they create, post online in blogs and through social networks and platforms.
Its users establish ownership claims by issuing property titles, or “bitmarks,” for user-generated content and data. The combination of a bitmark and a digital asset creates a digital property.
Issuing a bitmark for a digital asset asserts an exclusive ownership claim.