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21 Adds List Feature to Bitcoin 'LinkedIn' Alternative

21 Inc, one of the best funded bitcoin startups, has released an update to its bitcoin-powered email app.

Updated Sep 11, 2021, 1:08 p.m. Published Mar 8, 2017, 8:44 a.m.
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Bitcoin startup 21 Inc has released an update to its previously announced paid messaging platform, soft launched earlier this year.

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In a Medium post today, the San Francisco-based startup debuted '21 Lists', a new function that enables 21 users to offer bitcoin as a way to incentivize VCs, CEOs and angel investors to answer email messages from unknown senders. In advertisements, the startup has sought to position the offering as "better than LinkedIn".

"Each list is a mini-directory organized by profession or skill," the post explained.

It went on to detail six lists that group participants into categories including 'VCs', 'CEOs', 'angels', 'founders' and 'blockchain'.

The update is the latest that finds 21 moving away from a former bitcoin mining hardware product play and toward software solutions it believes will spur consumer use of the digital currency.

In statements to CoinDesk earlier this month, 21 CEO Balaji Srinivasan pushed back on claims that the new product marks a pivot, indicating that its main goal is to increase bitcoin adoption.

He went on to compare the bitcoin network favorably to other forms of payment.

"[Bitcoin] allows instant receipt of funds without linking a bank account, it works across borders and it can scale up and down to very small and large payments alike," he said.

Email visualization via Shutterstock

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Pudgy Penguins: A New Blueprint for Tokenized Culture

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Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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Crypto stocks sink as spot volume plunges and bitcoin tumbles below $84,000

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Bellwether crypto exchange Coinbase was lower for an 8th straight session on Thursday to its weakest level since May.

What to know:

  • Already under severe pressure in January, most crypto-related stocks fell even further Thursday as bitcoin fell back below $84,000.
  • Spot crypto trading volumes halved from $1.7 trillion last year to $900 billion, reflecting cooling market enthusiasm and cautious investor sentiment amid macroeconomic uncertainties.
  • Those bitcoin miners who have pivoted business plans to AI infrastructure and high-performance computing continued to outperform.