Decentralized content distribution platform ReadON completes $2 million in financing

According to Bitcoin.com, ReadON, a decentralized content distribution platform, completed $2 million in financing, led by SevenX Ventures. Participating investors include HashKey Capital, Foresight Ventures, Sky9 Capital, ArkStream Capital, Puzzle Ventures, CyberConnect, M23 Fund , Smrti Lab. This round of financing will be used to develop the ReadON mobile application and decentralized recommendation system. ReadON aims to create a distribution model by allowing the community to vote and curate content, so that users can access high-quality content, its co-founder and CEO Neo Y. Previously served as product director, co-founder and CTO Troy at Qutoutiao H. He used to be the senior technical manager of ByteDance.