EMB: April 9, 16:00 UTC
A blockchain-focused company based in London has announced the successful completion of a $50 million investment round aimed at its mission to “revolutionize social media.”
The financing was led by Rollman Management, as stated in a release shared on Wednesday.
This initiative employs blockchain technology for user verification, effectively removing bots, and redistributes advertising profits back to users, enabling them to support causes that matter to them, the company disclosed.
A token offering is scheduled for later this month, with potential participants encouraged to register on the firm’s website.
Additionally, the project revealed that Ryan Martin, the former marketing chief at TikTok, has joined the team as the chief marketing officer.
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