Blockchain Startup Binded Raises $950k in Seed Round to Democratize Copyright

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Binded, a Blockchain-fuelled copyright platform has announced closing on a $950k round of finance bringing the company’s total capital raised to $1.5M. Investors in the round include Mistletoe, Asahi Shimbun, Vectr Ventures, M&Y Growth Partners, Tokyo Founders Fund and Social Starts.

Binded is a technology platform making copyright simple. Digital photographers and artists use it to protect their work, for free.

Creators upload images to their private copyright vault. For every image uploaded, a unique fingerprint is created and saved permanently on the bitcoin Blockchain. The creator receives a copyright certificate with proof of creation.

“Copyright is an increasingly critical matter for Asahi Shimbun and all media companies. Binded has the potential to greatly simplify how we manage and protect our copyrights. Binded is going to be a big business!”  said  Takashi Horie of Asahi Shimbun.

“In the era of AI and Robotics, creativity is humanity’s most important asset. Binded will become the platform creators use to protect and monetize their creativity. I’m very confident that Nathan and his team will democratize copyright and help create a new economy for creators everywhere.” said Taizo Son, CEO of Mistletoe.

“Japan is one of the largest creators of copyrights. We’re excited to have partners that can help us better understand and serve the Japanese market in the future.” said Nathan Lands, Co-founder & CEO of Binded. “Today the tools to protect creative works are outdated and poorly suited for modern technology. We are going to change that.”

Binded has created integrations with Instagram and Twitter. Binded wants to make it possible to link every creative tool to enable seamless copyright claims at the time of creation. Binded is also developing copyright monitoring technology which identifies possible copyright infringements. The feature is currently in public beta.

Binded will use the new round of funding to hire, build new integrations and add the ability to register copyrights with the U.S. Copyright Office.

Headquartered in Japantown, San Francisco, Binded is a technology company building the world’s first copyright platform. Binded makes it easy for creators to protect their images, for free. Binded’s mission is to make creativity the world’s most valuable asset.

Binded was previously known as Blockai and launched in March 2016. Since launching, Binded has collected over 10M copyright records.

Binded has raised a total of $1.5M from Mistletoe, Vectr Ventures, Asahi Shimbun, Sterling Ventures, Social Starts, M&Y Growth Partners, Tokyo Founders Fund and Scott & Cyan Banister.

For more information, go to www.binded.com.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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