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BLABLA, a SocFi video platform on Solana, closes Seed funding round from Nebula Investments, Blockchain Association of Europe (BCAEU)


SocFi video platform on Solana

September 06, 2024


Blabla.group has announced securing seed round funding from Nebula Investment, the Blockchain Association of Europe (BCAEU), and Hopechain, though the exact amount remains undisclosed. Blabla, a SocialFi initiative co-founded by ex-TikTok and Meta team members and led by Morse, is the inaugural DAPP within the Morse ecosystem.


Project

Latest Raise Date

Stage

Lead Investor

Category

BLABLA

September 6, 2024

Seed Round

Nebula Investments, BCAEU

SocFi, Social

The project aims to transcend the boundaries of traditional media platforms by integrating WEB2 and WEB3, ensuring that every user and creator receives fair rewards through a decentralized and transparent reward system.


About Blabla

Blabla.group is a SocialFi project co-founded by former team members of TikTok and Meta. It aims to bridge the gap between traditional media platforms (WEB2) and decentralized platforms (WEB3). By using a decentralized mechanism and a transparent reward system, Blabla ensures that every user and creator on the platform receives fair compensation for their contributions. This innovative approach allows users to benefit from the advantages of both WEB2 and WEB3 technologies, making it a unique and forward-thinking platform in the social media landscape.


 

About Investor

Investor: Blockchain Association of Europe

The Blockchain Association of Europe (BCAEU) is a prominent organization focused on promoting innovation, collaboration, and education within the blockchain industry throughout Europe. Established in 2018, BCAEU serves as a central hub for blockchain innovation and cooperation. As a not-for-profit entity, it is committed to driving positive change in the blockchain sector by fostering a collaborative and inclusive environment.

 

 

 

 

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