Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps

Quick Summary:

Leveraging its robust social graph and modular design, OpenSocial enables transparent content promotion to specific user groups, ensuring fair value distribution among all stakeholders.

Another app that is launching on OpenSocial is Zeek, a social collaboration network that allows users to harness the value of their community-building networks through onchain social bounty mechanics and reputation building.

By actively working with early adopters to integrate thriving communities, redefine data sovereignty, and implement sustainable economic incentives, OpenSocial is paving the way for a future where anyone can cultivate meaningful yet sustainable social connections and true social data ownership.

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Article Details

Author / Journalist: chainwire

Category: Crypto

Markets: IndiaHong Kong

Topics: Funding BLOCKCHAIN DeFi. PR Press Release Web3 Blockchain marketing Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 13:04:05 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 993 words

Reading Time: 6 minutes read

Sentences: 28 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21775666

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 21 hours ago

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