beoble Raises $7 Million in Seed Funding to Revolutionize Web3 Communication

Hong Kong-based Web3 social platform beoble has successfully closed its seed funding round, securing a total of $7 million from a diverse group of investors. The funding round saw participation from prominent names such as Hashkey, Samsung, DCG, DWF Ventures, Nomura Laser Digital, Cypher Capital, and Blockchain Founders Fund. This latest investment comes just three months after beoble’s pre-seed announcement.

The funds raised in this round will be instrumental in the launch of beoble V2 next month. The upgraded version of the platform will introduce a range of innovative features, including multi-chain integration, in-app social trading functionalities, an over-the-counter (OTC) trading function, business-to-business (B2B) integrations, and chat-based advertising. These additions aim to revolutionize Web3 communication by empowering users to interact securely and authentically.

A significant milestone for beoble is the growing demand for decentralized social media alternatives. Since its beta launch in December, the platform has amassed an impressive user base, with 354,000 monthly active users and 600,000 monthly active wallets in January 2024 alone. This rapid growth highlights the platform’s potential in addressing concerns about data privacy and user ownership on centralized platforms.

beoble’s strategic focus on “SocialFi” is in line with the current trend of integrating DeFi elements into social media platforms. By merging social media and decentralized finance, beoble aims to provide users with new financial opportunities that go beyond traditional social media models.

In addition to the exciting new features, beoble is preparing for the launch of its native token, BBL, on February 28th, 2024. The introduction of the token will enable various in-app activities, including B2B payments, B2C utilities like donations and social trading, NFT OTC fees, and in-app advertisements. With these developments, beoble is poised to make a significant impact on the Web3 landscape and transform the way people communicate online.

Frequently Asked Questions (FAQ) about beoble:

1. What is beoble?

beoble is a Hong Kong-based Web3 social platform that aims to revolutionize Web3 communication by empowering users to interact securely and authentically. It merges social media and decentralized finance to provide users with new financial opportunities beyond traditional social media models.

2. Who participated in beoble’s seed funding round?

beoble’s seed funding round secured a total of $7 million from a diverse group of investors. Prominent names such as Hashkey, Samsung, DCG, DWF Ventures, Nomura Laser Digital, Cypher Capital, and Blockchain Founders Fund participated in the funding round.

3. What is beoble V2?

beoble V2 is the upgraded version of the platform, set to launch next month. It will introduce innovative features such as multi-chain integration, in-app social trading functionalities, an over-the-counter (OTC) trading function, business-to-business (B2B) integrations, and chat-based advertising.

4. What milestone has beoble achieved?

beoble has experienced significant growth and demand for decentralized social media alternatives. Since its beta launch in December, the platform has gained an impressive user base, with 354,000 monthly active users and 600,000 monthly active wallets in January 2024 alone. This growth highlights the platform’s potential in addressing data privacy and user ownership concerns on centralized platforms.

5. What is beoble’s strategic focus?

beoble’s strategic focus is on “SocialFi,” which involves integrating decentralized finance elements into social media platforms. This approach aims to provide users with new financial opportunities that go beyond traditional social media models.

6. When will beoble’s native token, BBL, be launched?

beoble’s native token, BBL, is set to launch on February 28th, 2024. The introduction of the token will enable various in-app activities, including B2B payments, B2C utilities like donations and social trading, NFT OTC fees, and in-app advertisements.

For more information about beoble, you can visit their official website: beoble.io.

The source of the article is from the blog cheap-sound.com