tribeOS, a Hamilton, Bermuda-based, blockchain-based digital advertising marketplace, raised $3m in seed funding.
Bitmain Technology, a developer of Bitcoin mining products including ASIC chip technology, made the investment.
The company intends to use the funds to build out its core team and develop the tribeOS marketplace, scheduled to launch in 2019.
Led by Matt Gallant, CEO, tribeOS is a digital advertising platform built on the Bitcoin Cash (BCH) blockchain designed to eliminate ad fraud and give advertisers and publishers the power to share contextually appropriate ads with security, privacy protection, and fraud prevention.
The company is currently working in partnership with the Bermuda Business Development Agency (BDA) to issue its own security token called FIRE.