Omni, the storage and leasing platform, closed down at the end of the year, and Coinbase took over its development team

According to TechCrunch, a spokesperson for storage rental platform Omni said it will wind down operations and close the platform by the end of this year. In addition, sources say Coinbase has now taken over the development team. "Coinbase has reached an agreement with Omni to hire members of its engineering team," said one person familiar with the matter. According to the previous Octoberreports, Coinbase has been in talks to acquire Omni's engineering team to further develop its education program Coinbase Earn.

Omni is a storage leasing company that allows users to put unused storage near Omni for use by other users. It has previously received a $35 million investment from Flybridge, Highland, and Founders Fund. In 2018, Omni received a $25 million investment from Ripple. But the company has been badly run and has been laying off workers.

The original link: https://techcrunch.com/2019/11/25/omni-shuts-down/

Silver block rhythm BlockBeats reminded, according to the circ and other five departments issued in August 2018 on the guard against in the name of the "virtual currency" "block chain" illegal fund-raising risk warning "file, please the public rationality block chain, don't blindly believe in reduction commitment, set up correct concept of money and investment philosophy, effectively raise the risk consciousness; To the illegal crime clue that discovers, can report to concerned branch actively reflect. & have spent & have spent

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia