Launched last year, the startup has already onboarded over 100,000 users, produced one million posts and comments and generated millions of dollars in NFT rewards to users.
LOS ANGELES, July 25, 2022 /PRNewswire/ -- DSCVR, a Web3 social network built entirely on a blockchain, today announced it has raised $9 million in its seed funding round led by Polychain Capital.
"We initially created DSCVR as our personal experiment to see if it would even be possible to build a modern social web application on a blockchain," said Rick Porter, CEO and Co-Founder at DSCVR. "With our exponential growth in users, this raise will help us accelerate our roadmap and make Web3 accessible to anyone who knows how to use social media."
Some new features will include gifting non-fungible tokens (NFTs) to posts and comments; integrations with other token and NFT ecosystems; a Discord bot that will enable gated content by NFT ownership; the ability for other projects to use DSCVR's gating technology;...
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