Web3 messaging and social platform beoble has recently received a strategic investment from Animoca Brands, a prominent gaming and metaverse-focused venture capital firm. This investment is aimed at bolstering beoble’s mission of establishing itself as a leading global Web3 social platform, utilizing blockchain technology to enhance user interaction, privacy, and security. The partnership with Animoca Brands will enable beoble to offer its advanced Web3 chat features to selected companies and projects within Animoca Brands’ extensive portfolio of Web3 investments.
Sung Min Cho, CEO of beoble, expressed excitement about the backing from Animoca Brands, highlighting it as a validation of their vision and capabilities. The strategic investment will provide beoble with the resources needed to scale up its platform, fostering greater communication and collaboration opportunities for companies within Animoca Brands’ portfolio.
beoble distinguishes itself by offering secure and decentralized wallet-to-wallet messaging, token-gated chatrooms, and innovative earning features. The funding from Animoca Brands will be instrumental in accelerating the platform’s development and expanding its feature set, ultimately facilitating global user base growth.
The collaborative efforts between beoble and Animoca Brands will focus on extending beoble’s chat features to relevant entities within Animoca Brands’ portfolio, promoting enhanced community engagement and interactivity across the Web3 ecosystem. Yat Siu, the executive chairman and co-founder of Animoca Brands, emphasized the potential of beoble’s technology to revolutionize digital interactions and create more vibrant online communities.
In a recent development, beoble successfully concluded its seed funding round, raising a total of $7 million from key investors such as Hashkey, Samsung, DCG, DWF Ventures, Nomura Laser Digital, Cypher Capital, and Blockchain Founders Fund. This financial support will further fuel beoble’s growth and innovation in the Web3 space.
The landscape of Web3 social media platforms is rapidly evolving, offering decentralized and user-controlled alternatives to traditional social media channels. These platforms leverage blockchain technology, NFTs, and cryptocurrency to empower content creators and enhance user experiences with enhanced security, flexibility, and new revenue streams.
One notable platform in this space is Odysee, a decentralized content sharing and publishing platform that competes with YouTube by providing a secure environment for content monetization. Odysee’s unique feature includes the ability for creators to simultaneously upload content on both YouTube and Odysee through a YouTube Sync function.
Nostr is another noteworthy decentralized networking protocol that resembles Twitter’s architecture but offers customization for diverse social media experiences. It supports encrypted direct messaging and enables users to create self-governed accounts and identities. Nostr has experienced significant growth, boasting over 524,000 profiles with bios attached and attracting more than 30,000 new daily users as of early February.
Mirror is a well-established Web3 social media platform that serves as a publishing platform for writers. It utilizes Ethereum for logging in, minting posts as NFTs, and creating new revenue streams. Content published on Mirror is permanently stored on the Arweave network, ensuring longevity and immutability.
By embracing the principles of Web3 technology, these social media platforms are reshaping the digital landscape, offering users enhanced control, security, and innovative ways to interact and engage online.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
