Beoble raises $7 million to develop Multi-Chain messaging and in-app social trading

Hong Kong, February 19, 2024 – beoble, a new kind of Web3 social messaging platform, has concluded its seed funding phase, 3 months after its pre-seed announcement, bringing the total amount raised to $7 million.

Key investors include Hashkey, Samsung, DCG, DWF Ventures, Nomura Laser Digital, Cypher Capital And Blockchain Founders Fund. The funds raised will be invested in the launch of beoble V2 next month, to improve interaction on Web3 social media with advanced features such as multi-chain integration, in-app social trading and OTC functions.

beoble aims to meet the evolving needs of our Web3 community, ensuring a platform that is not only versatile and interactive, but also future-oriented. Our recent seed funding phase is a continuation of our vision to revolutionize Web3 communication while allowing everyone to interact in a secure and authentic way. We aspire to one day foster a connected world where every individual can engage and interact in a truly Web3 way. »

Sung Min ChoCEO and co-founder of beoble

beoble trading

Since its beta launch in December, beoble has managed to build a strong user base with 354,000 monthly active users and 600,000 monthly active wallets in January 2024 alone. As users move from passive consumerism to active participation, beoble has quickly become a platform capable of meeting users’ social media needs, as evidenced by the most 21 million conversations exchanged on the application each month.

The advent of socialFi comes at a time when skepticism towards centralized social networks is growing and decentralized social media applications are gaining popularity as viable alternatives. In contrast to Web2 social platforms, which are often criticized for restricting users, creators and businesses, Web3 platforms have ushered in a new era of innovative financial flows for users. This represents not only a new chapter in the evolution of cryptocurrencies, but also an expansion of DeFi’s reach in social media.

“Investing in the seed phase of beoble is in line with our vision of fostering consumer applications in the Web3 space. We can’t wait to see how beoble continues to put power back in the hands of users while revolutionizing the social media landscape. »

Jorinda HsuInvestment Manager at DWF Ventures

In addition to advanced features, funding will also be allocated for an upcoming BBL token launch, scheduled for February 28, 2024. The token can be used for all in-app activities such as B2B payments and B2C utilities like donations, social trading, OTC NFT fees and in-app advertising. By integrating DeFi elements onto a Web3 social media platform, this token launch has the potential to create a unique digital ecosystem based on SocialFi principles for users.

By bridging the gap between traditional social media and the shared social experience of Web3, beoble aims to be at the forefront of integrating the next billion users into the Web3 ecosystem.

About beoble

beoble is a revolutionary Web3 social platform, designed to provide enhanced decentralized wallet-to-wallet communication. With a suite of innovative features such as “earn”, “follow”, “discover” and a rewards-based model tailored to the web3 community, beoble prioritizes privacy, security and user contribution .

Website : https://beoble.io
Twitter: https://twitter.com/beoble_official
Docs: https://docs.beoble.io

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