Hong Kong-based Web3 social platform, beoble, has recently closed its seed funding round, securing a substantial $7 million from a diverse group of investors. Notable backers include Hashkey, Samsung, DCG, DWF Ventures, Nomura Laser Digital, Cypher Capital, and Blockchain Founders Fund.
Empowering Web3 Interaction
Founded by Sung Min Cho, beoble aims to revolutionize Web3 communication by providing a secure and authentic platform for individuals to interact. The upcoming launch of Beoble V2 promises exciting features such as multi-chain integration, in-app social trading functionalities, OTC trading, B2B integrations, and chat-based advertising.
Driving Industry Growth
With the increasing demand for decentralized social media alternatives, they have experienced rapid growth since its beta launch in December. The platform boasts 354,000 monthly active users and 600,000 monthly active wallets, highlighting its potential to address concerns about data privacy and user ownership on centralized platforms.
Beoble’s Aligning with Industry Trends
Beoble’s focus on “SocialFi” aligns with the trend of integrating DeFi elements into social media platforms, providing users with new financial opportunities beyond traditional social media models. The upcoming launch of their native token, BBL, on February 28th, 2024, further enhances user engagement by enabling various in-app activities such as B2B payments, donations, social trading, NFT OTC fees, and in-app advertisements.
Utilizing Investment for Growth
The recent seed funding round will enable them to realize its vision by fueling the development and launch of new features. The investment will also support the platform’s expansion efforts, driving user acquisition and engagement.
Conclusion
Beoble’s successful seed funding round marks a significant milestone in its journey to revolutionize Web3 communication. With a strong focus on security, authenticity, and user empowerment, beoble is poised to make a meaningful impact in the social media industry.
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FAQs
Q1.What sets beoble apart from other social media platforms?
Beoble distinguishes itself by focusing on Web3 communication, providing secure and authentic interactions for users.
Q2.How can users benefit from beoble’s native token, BBL?
Users can utilize BBL for various in-app activities such as payments, donations, social trading, and NFT transactions, enhancing their overall experience on the platform.
