EMB: April 9, 16:00 UTC
A blockchain-based startup in London mentioned it closed a $50 million funding spherical to ahead its aim of “reinventing social media.”
Wunder.Social raised the funds in a spherical led by Rollman Administration, in keeping with an announcement shared with CoinDesk on Wednesday.
The challenge makes use of blockchain know-how to confirm customers, thereby eliminating bots, and shares promoting income with customers, permitting them to fund causes they care about, Wunder.Social mentioned within the announcement.
A token supply is deliberate for later this month, with potential customers signing up on the corporate’s web site.
The challenge additionally mentioned that the previous head of promoting at TikTok, Ryan Martin, joined Wunder.Social as chief advertising officer.
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