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Web3 social platform Blockify completes $2.2 million in seed round financing

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Block

Time:8/18/2022 12:34:35 PM

[Web3 social platform Blockify completes USD 2.2 million seed round financing] On August 18th, Web3 social platform Blockify announced the completion of USD 2.2 million seed round financing, and the investor information has not yet been disclosed. The company has been helping anyone, anywhere in the world, access new products and services based on decentralized finance (DeFi) and Web3. Its core product features include Web3 social interaction, user tracking, and portfolio management. It is reported that Blockify plans to launch a Web3 advertising platform in the second quarter of next year, aiming to connect brands and consumers through encrypted rewards. (cryptoglobe)

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The Polygon team did two things right, according to the research report: aggressively recruiting talent from large global tech companies such as Amazon, YouTube and Airbnb, and using its "business development strength" to reach brands with many consumers. Analysts Gautam Chhugani and Manas Agrawal said this puts Polygon in a unique position to be the Web3 on-ramp for millions of users.

The report also mentioned two problems facing Polygon, its current PoS chain is not a long-term solution because it is actually a sidechain, and Polygon has been parasitic on Ethereum. (CoinDesk) [2022/11/7 12:29:15]

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