March 21, 2024
Bi.social, a decentralized social trading protocol developed by Bit Islands, has successfully raised $3 million in a seed funding round. The round was led by QF Capital, with participation from WAGMi Ventures and Web3Vision. The funds will be used to further develop the social trading platform and introduce new features.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Category |
|---|---|---|---|---|---|
Mar 21, 2024 | $3M | Seed | $3M | Trading |
Bi.social is a Web3 social trading platform that allows users to discover trading signals, follow experienced traders, and engage in trading activities through decentralized social trading applications. The platform currently has over 390,000 wallet login users and more than 16,000 creators who have published over 180,000 pieces of content. This content covers crypto investment opportunities across more than 10,000 cryptocurrencies, generating over 3.7 million user interactions.
The investment from this seed round will enable Bi.social to enhance its platform by adding new features and improving the user experience. The platform aims to provide a comprehensive and interactive social trading environment for its users, leveraging the power of decentralized technology.
About Bi.social:
Bi.social is a web3-native social protocol that provides users with a decentralized platform for social trading. The platform allows users to discover and follow trading signals, engage with experienced traders, and participate in trading activities. Bi.social aims to enhance the user experience by offering a range of features and tools that facilitate efficient and secure trading.
Website: https://bi.social/
X Account: https://x.com/Bitislands_
X Followers today: 250,811
X Followers 30 days ago: 241,732
X Follower change: 9,079 (+3.76%)
About Investor
Investor: QF Capital
QF Capital is a venture capital firm focused on investing in early-stage technology startups, particularly those in the blockchain and Web3 sectors. The firm supports the development of innovative technologies to advance the financial and trading sectors.
Location: United States
Website: https://www.qfvc.cn/en/about.page
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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