Encryptanet
Newport Beach
About Encryptanet
Encryptanet was one of the world's first commercial blockchains. The company built a lightweight, content control and access cloud service for monetizing digital content called Paycloud. Encryptanet was not a micropayments vendor nor a cryptocurrency per se, but It was the very first micropayments partner for PayPal. The product provided a software-less solution for granting self-expiring, micro-access to digital content as small as a link or an image embedded in a page or for as short as seconds allowing customers to blend premium content with ad supported content to maximize revenues. The solution was unique in that it flipped the user model on its head: content looked and behaved like a free site to premium users without registration, signing in, or browser cookies. Customers included Forbes and several dozen digital content vendors. The company was funded by Palomar Ventures, Sevin Rosen, and friends and family.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Total funding: $4.8M
- Funding stage: Early Stage Venture
- Last round: Series A (May 2006)
- Website: encryptanet.com
- Phone: [email protected]
Industries & Categories
Advertising, Content, Digital Media, Information Technology, Software
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