Since its inception, FUEL has always put the success and adoption of blockchain technology at the forefront. The incubator platform is constantly identifying and proactively helping new projects by promoting them to their vast network of blockchain investors and influencers globally.
Today, ArGoApp is excited to announce that we have joined FUEL’s platform as one of their incubation projects.
Having successfully raised $1.3 million in seed fund, ArGoApp, the latest project to be incubated by MV FUEL, will likely be the next internet revolution after the internet itself! The git-based web hosting platform allows its users to build modern websites on the Arweave permaweb, a protocol that decentralizes the internet — the platform stores data using Decentralized Storage Networks (DSNs).
The ArGoApp Mission
ArGoApp wants to decentralize, secure, and permanently host data through its platform. It hopes to achieve the following after successful implementation:
1.Immutability — Through decentralization, all data (web pages and apps) hosted on ArGoApp becomes permanent. The decentralized structure of data storage makes ArGoApp the best platform for archiving data.
2.Control by the masses — Centralization of the internet has given power to a few giant corporations and governments, allowing them power over a technology that symbolizes freedom. Through decentralization, ArGoApp hopes to provide the masses with control over the internet.
3.Censorship resistance — The current internet model makes it easier for governments to censor information allowed within their authority. ArGoApp, through decentralization, will make it impossible for governments or other institutions to censor the internet as all governing decisions are left to the masses (ArGoApp users).
4.Cheap hosting solution — Through ArGoApp, users will only pay a one-time data hosting fee charged during the deployment process. Once your app or website is deployed, there are no further or recurring fees charged on storage.
5.Zero maintenance servers — ArGoApp achieves zero maintenance of servers by not using servers for data storage. Instead, through blockchain, the web hosting platform utilizes the storage space of its supporting nodes to host uploaded data. The data is stored in a decentralized format across multiple devices.
6.Information permanence — Decentralization through the platform ensures data is stored across multiple devices for data permanence through immutability and data access at any given time.
Given its revolutionary mission, it only fits that ArGoApp aligns itself with an incubator program with similar values in the decentralized industry.
Why a Synergy Between ArGoApp and MV FUEL Makes Sense
MV FUEL is a full-service crypto incubator by the PAID Network and Master Ventures. ArGoApp is to expect access to high profile crypto investors and crypto following globally due to Master Ventures’ incubation prowess in the blockchain space through the incubator. The web-hosting platform should also expect meaningful business connections through the Paid Network. The PAID Network makes businesses more efficient by delivering DeFi powered SMART agreements.
Throughout their history Master Ventures has been at the forefront of making excellent investments in various successful cryptocurrency projects which include Coinbase, Kraken, Cere Network, AIOZ and many more. As such with FUEL’s existing network and strong history, it provides the credibility needed for ArGoApp to make the next big step in its operations and be a part of FUEL’s ecosystem to maximize continued growth and progression.
The combination of the two in FUEL makes the incubator one of the best in the blockchain space. Moreover, to act as a launching pad for blockchain projects, FUEL provides the best partnership option for the growth and success of ArGoApp. Find out more about participation in the incubator program here.
FUEL has so far attracted more than five high-profile decentralized projects, including ArGoApp, that it plans to support through IDO (DeFi initial offering) on the Ignition platform. Find out more through the Master Ventures’ Medium.