Market Cap
24h Vol
7054
Cryptocurrencies
82611
Markets

2019-06-15 13:37:49

Dispatch Labs in the RED as capital runs out

According to the latest report, the bearish trend in the crypto market persists. Even though the crypto economy had a period of recovery since December, it seems as though some platforms are still whirling from the downturn. Reportedly, one of those companies is the Dispatch Labs, a blockchain platform that provides agnostic solutions. The company has been struggling for months with meagre operational capital. Moreover, the platform had to induce an additional raise in order to come up with a working product for the market. The CEO of Dispatch Labs Matt McGraw admitted that the company was on life support