Distributed public sale Shelf.Network joins YCombinator’s particular Advisory path program amongst 100 initiatives from totally different industries, CEO Lasha Antadze revealed to ForkLog.
— ForkLog (@ForkLog) August 21, 2018
YCombinator will make investments $10 000 in Shelf.Network growth with out buying fairness whereas additionally offering the challenge with entry to the U.S. market and its group.
According to Lasha Antadze, the YCombinator’s resolution alerts worldwide recognition of Shelf.Network as a number one challenge in blockchain house and lays the muse for a brand new stage of growth.
The challenge additionally introduced partnerships with Look.Live and AutomobileInspector.US for securing inspections of used vehicles being auctioned on the platform.
In May Shelf.Network received grand prize for finest actual world blockchain utility at Frontier Innovation Awards 2018 and $1 million funding.
Shelf.Network is a decentralized platform geared toward constructing absolutely compliant multichannel commerce ecosystem for used automotive auctions amongst stock suppliers: off-lease, off-rent, fleet, repossessed, and re-marketing vendor web sites.
It claims to be one of many few actual world use circumstances of blockchain expertise, that doesn’t have an inside coin.
In the long run Shelf.Network additionally plans to enter foreclosures market to supply a common outsourcing software to lenders, and to consolidate gross sales brokers.
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