Due to unforseen market and macro changes, as well as closing conditions not being met, Chain has foregone the acquistion and instead has completed a strategic investment to Measurable Data. Measurable Data will continue to operate indepdently alongside the MDT token. Plans are modified as of November 2022 and edited thereafter below:
<SAINT KITTS AND NEVIS> Chain is thrilled to announce it will be investing the Measurable Data and its ecosystem of products. The Measurable Data ecosystem aims to empower data rewards for individual users, while accelerating the blockchain adoption in everyday life through various innovations.
The investment will help Measure Data’s products such as RewardMe, a cashback app whereby users get rewarded automatically in cryptocurrencies and digital gift cards for their daily purchases, continue to grow. With this investment Measurable Data and its products, such as MDT, will continue to operate as independent products and companies with additional funding to help bolster their product lines.
About Chain
Chain is a blockchain infrastructure solution company that has been on a mission to enable a smarter and more connected economy since 2014.
Chain offers builders in the Web3 industry services that help streamline the process of developing, and maintaining their blockchain infrastructures. Chain implements a SaaS model for its products that addresses the complexities of overall blockchain management. Chain offers a variety of products such as Ledger, Cloud, and NFTs as a service. Companies who choose to utilize Chain’s services will be able to free up resources for developers and cut costs so that clients can focus on their own products and customer experience. Learn more: https://chain.com.
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