Bit Islands Raises $3 Million in Funding for Bi.social Social Trading Protocol
Bit Islands, the developer behind the decentralized social trading protocol Bi.social, recently completed a successful funding round, raising $3 million. This round of funding included participation from Web3Vision, WAGMi Ventures, and QF Capital. The funds will be used to support the ongoing development of the social protocol and its upcoming features.
Bi.social is a groundbreaking Web3 social trading platform that allows users to discover trading signals, follow experienced traders, and engage in trading activities through decentralized social trading applications.
Impressive User Base and Content Creation on Bi.social
The platform has gained significant traction with over 390,000 wallet login users and more than 16,000 creators who have published over 180,000 pieces of content. This content covers investment opportunities across more than 10,000 cryptocurrencies and has facilitated over 3.7 million user interactions.
Furthermore, the total mint of the Bi DID identity NFT has surpassed 260,000, indicating strong interest and adoption of the platform. To incentivize user engagement with high-quality content, Bi.social has introduced the vBIS points system. Users are rewarded with vBIS points for actively participating on the platform.
So far, users have claimed a total of 314,635,182 vBIS points rewards, highlighting significant user participation and engagement.
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This post is commissioned by BiSocial and does not serve as a testimonial or endorsement by The Block. This post is for informational purposes only and should not be relied upon as a basis for investment, tax, legal or other advice. You should conduct your own research and consult independent counsel and advisors on the matters discussed within this post. Past performance of any asset is not indicative of future results.
Hot Take: Bit Islands Secures $3 Million Funding for Bi.social Social Trading Protocol
Bit Islands, the developer of the decentralized social trading protocol Bi.social, has successfully raised $3 million in funding. The funding round saw participation from Web3Vision, WAGMi Ventures, and QF Capital. This financial boost will support the ongoing development of Bi.social and its upcoming features.
Bi.social is a pioneering Web3 platform that enables users to discover trading signals, follow experienced traders, and engage in trading activities through decentralized social trading applications.
Impressive User Base and Content Creation on Bi.social
The platform has garnered a significant user base with over 390,000 wallet login users. Additionally, more than 16,000 creators have contributed to the platform by publishing over 180,000 pieces of content. These pieces cover investment opportunities across more than 10,000 cryptocurrencies and have facilitated over 3.7 million user interactions.
Moreover, the total mint of the Bi DID identity NFT has surpassed 260,000, indicating strong interest and adoption of the platform. To further incentivize user engagement with high-quality content, Bi.social has introduced the vBIS points system. This system rewards users for actively participating on the platform.
So far, users have claimed an impressive total of 314,635,182 vBIS points rewards, highlighting significant user participation and engagement.
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