Consistently legally embattled entrepreneur, Kim Dotcom, has pledged to make a big announcement in just a few hours time. As he has consistently done since his original arrest in 2012, on its annual anniversary – 20th January – he plans to make a big announcement and this time around, it's related to his BitCache and MegaUpload 2.0 plans.
Tomorrow is the 5th anniversary of the Megaupload raid and as every year on this date I have a big surprise for you. Stay tuned ?
— Kim Dotcom (@KimDotcom) January 18, 2017
Since the raid on his home in 2012, Kim Dotcom has tried his hand at a few different things. He launched a music service, a second file locker and even tried to start a political party. While none of those have panned out too well for him, he's still doggedly trying to recapture the success of his original file locker, MegaUpload and its true sequel, MegaUpload 2.0, could well be that.[yframe url='http://www.youtube.com/watch?v=o0Wvn-9BXVc']
Designed as a file locker that utilises blockchain technology to track file transfers and provide monetary compensation when copyright protected work is shared illegally, it sounds like an interesting prospect and attracted around a million dollars of investment in 2016 from interested backers. Dotcom has now promised that they will be very happy with the announcement he is set to make in just a few hours, when the New Zealand calendar ticks over to the 20th January.
In about 12 hours from now the first round investors who invested $1.1m into Bitcache and Megaupload 2.0 via @BankToTheFuture will be happy.
— Kim Dotcom (@KimDotcom) January 19, 2017
While the landscape of file lockers is certainly different than when Dotcom's original MegaUpload was king of the hill, he has helped encourage encryption in file storage systems and his seeming love of personal privacy and support for whistleblowers has helped garner him a lot of support form fans over the years.
It will be interesting to see if that support can translate into a successful business venture, as at this point the Dotcom fortune is severely reduced from what it once was.
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KitGuru Says: Do you guys think Kim Dotcom can turn around his fortunes with MegaUpload 2.0 and Bitcache? Or will it be as successful as his political ventures? Here's hoping for another MegaUpload song though. That was catchy as hell.