Yours.org, a bitcoin-powered social network, has announced that it has raised $1.5 million in Series A funding round led by Bitmain and nChain.

The new capital will be used to fund a team of the best engineers and growth experts in the world. The latest funding round follows an angel round in November 2016 in which it raised $177.5k led by Digital Currency Group, bringing the total funding till date to $1.7 million.

Yours.org aims to make it easy to earn Bitcoin for good content. Its user-friendly interface enables users to earn and pay with bitcoin micropayments for high quality content.

"Yours.org has the potential to bring Bitcoin to everyone in the world," said Ryan X. Charles, CEO of Yours.org. "Because we have focused on making Bitcoin so easy to use, even the most casual users are able to send and receive Bitcoin. Anyone, anywhere can start earning money for the things they love to do. The potential to change the way social media works and to improve the quality of content on the internet is enormous."

Based on Bitcoin Cash (BCH), Yours.org is the first consumer app to integrate a non-custodial Bitcoin wallet with a social content app, according to the official release. Users can easily earn Bitcoin with a broad range of content types, with everything from cartoons, to non-fiction books, to short stories, to cryptocurrency trading advice.

"We believe Yours.org is a WIN. Its user-friendly product demonstrates Bitcoin Cash can be easily used to send and receive money at almost zero cost to anyone in the world," says nChain Group CEO Jimmy Nguyen. "Through our new investment entity, nChain Reaction, we will financially support companies with great products and applications using BCH as peer-to-peer electronic cash, and provide further benefits from nChain's research and intellectual property. Having been impressed from day one with Yours.org's co-founders Ryan X. Charles and Clemens Ley, we are thrilled that Yours.org is nChain Reaction's first investment, and also honored that we can join Bitmain in supporting these visionary entrepreneurs. This is the first of many sparks to ignite a chain reaction for global Bitcoin Cash adoption."