Pop Social has successfully raised a combined $4M in strategic and seed funding
Pop Social, a trailblazing decentralized AI Web3 social platform, is proud to announce the successful closure of its seed and strategic fundraising, raising a total of $4 million. The investment comes from a diverse group of industry leaders, including Fundamental Labs, Ceras Ventures, ChainLink, Cointelegraph, Fusion Labs, Promatrix Capital, Prysm Group and angel investors from the ex-Binance and OKX executive teams.
Pop Social’s meteoric rise is underscored by its rapidly expanding user base, boasting more than 250,000 downloads, over 150,000 registered beta testers and a thriving community comprising more than 450,000 members. The platform recently celebrated a major milestone with its 1-millionth original content post on the Pop DApp. Boasting well over 40,000 daily active users and a steadily growing community, Pop Social is emerging as a prominent player in the Web3 social media arena.
This successful funding round reflects a resounding vote of confidence in Pop Social’s mission to reshape the social media landscape through the principles of Web3 and decentralization. With these newly acquired funds, the Pop Social team is poised to unveil a host of exciting upgrades and innovative features, enriching the ecosystem in the forthcoming days.
One eagerly anticipated development is the official token exchange listing for Pop Social’s native token, Pop Token (PPT), slated for September of this year. The team will soon announce official dates for its Initial DEX Offering (IDO) and community sale, opening up new opportunities for users to participate in and contribute to the platform’s continued growth and success.
In the next phases of the Pop Social ecosystem’s roadmap, AI-powered tools will drive content uniqueness and break down barriers to content creation, enabling the next billion users to embrace Web3. Pop Social’s mission empowers millions of global content creators; the team will be integrating an AI Chatbot into the platform to further carry this mission and nurture user success.
The Pop Social ecosystem will be introducing the revolutionary Phygital Creator Marketplace, where users can obtain physical assets like exclusive Pop Social merchandise and its digital counterpart in the form of accessory NFTs. The highly anticipated Pop Genesis NFT: Popbit will allow users to customize the look of their Dynamic Pop NFT with transferrable accessories on-chain. The Marketplace is a creative hub where creators transform their unique content into impressive Creator NFTs, minted directly on the Pop Social ecosystem via the Pop DApp.
As Pop Social continues to flourish and innovate, the future of Web3 social media appears exceedingly promising. The recent funding round serves as a mere prologue to the platform’s enthralling journey to onboard the next billion users into Web3.