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
SEC Considers Exemptions for Tokenized Securities Amid Evolving Regulatory Landscape

US stablecoin bill fails after $65 million bipartisan effort stalls

Bond says government induced guilty plea in $400K FTX campaign case

Two US states pass Bitcoin reserve laws worth millions in 48 hours

Trending news
MoreCrypto prices
More








