As per Odaily, the next-generation decentralized social ecosystem Crypto Life has announced the completion of a $20 million institutional funding round. The round was participated in by multiple investment firms including Bluemount Foundation, VEGA-Ventures, Infinite Alliance, ChainPulse Capital, and UZ Capital. Crypto Life aims to build a global, decentralized, user-privacy-focused social network using blockchain technology, breaking the monopoly of traditional social giants over user data and reshaping the social trust system and value distribution model.
Web3.0 Social Platform Crypto Life Completes $20M Funding Round
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Summary
Crypto Life, a Web3.0 social platform, has closed a $20 million funding round, according to Odaily. Investors include Bluemount Foundation, VEGA-Ventures, Infinite Alliance, ChainPulse Capital, and UZ Capital. The crypto project is building a decentralized, privacy-first social network using blockchain. It seeks to challenge traditional platforms by giving users control over their data and redefining how value is shared. The funding will support global expansion and product development.
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