Decentralized social application Ethos completes $1.75 million Pre-Seed round of financing, with angel investors including Bharat Krymo participating
A decentralized social (DeSo) application that focuses on introducing reputation and credibility onto the blockchain, has announced the completion of a $1.75 million Pre-Seed round of financing. Web3 angel investors such as Bharat Krymo, James Hall, 0xQuit, Tre, Dingaling, Sighduck, Dragos, 0xMakesy and Zeneca participated. Ethos Network uses Ethereum's verification function to confirm user credibility for ETH collateralization, and network participants will receive a credibility score. The new funds will be used to launch the product on Base later this summer.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will Litecoin Lead the Next Wave of Altcoin ETFs?
Surge in Stablecoin Minting: $USDT & $USDC on the Rise
Over $1.25B in $USDT & $USDC was minted in 11 hours, with Tron & Solana leading while Ethereum sees minimal activity.Tron & Solana Take the LeadEthereum’s Declining Role in Stablecoin Minting
Bitcoin’s Five-Week Decline: A Bullish Reversal Ahead?
Bitcoin hasn’t seen five red weeks in a row since the bear market. Could the trend shift bullish next week?Bitcoin’s Five-Week Decline: A Sign of Reversal?Historical Trends and Market SentimentIs a Rebound Coming?
Bitcoin’s Fibonacci Extension Points to $200K Target
Bitcoin’s Fibonacci extension signals a $200K target, with institutions heavily accumulating for the next major expansion phase.Bitcoin’s Price Is Mid-Channel, Not ToppingInstitutional Investors Are AccumulatingFibonacci’s Role in Bitcoin’s Cycles
Trending news
MoreCrypto prices
More
