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Dfinity demonstrates its TikTok clone, opens up its Internet Computer to outside developers

Dfinity appeared in 2018, amid the flurry of investments in the blockchain space. It raised $102 million in funding at a $2 billion valuation in a round jointly led by Andreessen Horowitz and Polychain Capital, along with other investors, including KR1. I must admit that at the time it appeared for all intents and purposes as if it would be yet another attempt to replace Ethereum. Or at least something similar. But then something odd happened. It started behaving like an actual software company.
In January this year itdidnt talkabout blockchain at all, but instead demonstratedan open social network called LinkedUp, sort of open version of LinkedIn. The demonstration didnt go live, and technically speaking it was under-whelming until you realized it wasnt running on any server, and performed faster than a native mobile app. Dfinity, it turned out, wasnt a traditional blockchain startup, but was taking a leaf out of that worlds championing of the move toward decentralization.
In fact, it was building its so-called Internet Computer: a decentralized and non-proprietary network to run the next generation of mega-applications.
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