Republik's $6 Million Funding Boosts Valuation to $75 Million in Web3 Quest – Crypto Funding Making скачать в хорошем качестве

Republik's $6 Million Funding Boosts Valuation to $75 Million in Web3 Quest – Crypto Funding Making

Web3 social media startup Republik has announced the successful closure of its $6 million seed funding round, bringing its valuation to $75 million. The investment round saw participation from several predominantly Asian venture investors, including OKX Ventures, 6th Man Ventures, Arcane Ventures, CMS Holdings, Comma3 Ventures, Define Ventures, Enjin, FBG Capital, HTX Ventures, Mirana Ventures, Oracles Investment Group, Signum Capital, Sora Ventures, and UOB Venture Management. This financial boost is set to play a key role in further enhancing Republik’s platform, which is aimed at fostering novel modes of interaction and constructing cutting-edge Web3 creator tools on the blockchain intended for social media influencers. In a statement, Republik’s CEO Daniel He expressed his excitement about the company’s plans going forward: "For too long, individuals have contributed their time, creativity, and attention to existing platforms with minimal rewards. Republik is determined to revolutionize this by ensuring fair and equitable distribution of the community's value.” The CEO added: “We are thrilled to have investors who share our vision and partners actively contributing to the development of a community-owned platform." In contrast to conventional social media platforms, Republik harnesses the potential of Web3 technologies to streamline monetization processes for online influencers and content creators while significantly diminishing the costs borne by the creators. This approach enables creators to retain a larger portion of their earnings and introduces a token-based reward system for user interaction, referrals, and support of creators. The startup is planning to issue a freely traded token known as RPK. https://cryptonews.com/news/republiks... #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily #web3 #web3news #crypto ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple