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OpenSocial protocol raises $5M to fuel the growth of SocialFi super apps, with $15M fund backed by EVG

OpenSocial protocol raises $5M to fuel the growth of SocialFi super apps, with $15M fund backed by EVG
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SocialFi Infrastructure OpenSocial Protocol Raises $5M to Fuel the Growth of SocialFi Super Apps, with $15M Ecosystem Fund Backed by EVG

The round was led by Portal Ventures, SNZ Capital and renowned angel investors, who all share the same vision that SocialFi is primed to become the largest consumer use case for mass adoption

OpenSocial Protocol Raises $5M in Seed Funding

Investing in Web3 is a hedge against disruption — VC investment exec

El-Khouri said that now the hype has died down, “investors can see where the actual value is being accrued” and which projects have a strong foundation.

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