Bi.social Secures $3 Million Investment for Decentralized Social Trading Protocol

  • Bit Islands’ successful funding round of $3 million signifies investor confidence and support for the Bi.social project. 
  • The participation of notable investors such as Web3Vision, WAGMi Ventures, and QF Capital underscores the perceived potential and viability of Bi.social as a pioneering Web3 social trading platform.

Bit islands, the team behind the decentralized social trading protocol Bi.social, has recently concluded a funding round, raising $3 million. Notable participants in this round include Web3Vision, WAGMi Ventures, and QF Capital. The infusion of capital will fuel the continued advancement of Bi.social’s social trading protocol and the integration of upcoming features.

Bi.social stands out as an innovative Web3 platform, facilitating social trading activities such as discovering trading signals, following experienced traders, and participating in trading endeavors through decentralized social trading applications.

The platform has garnered substantial traction, boasting a user base of over 390,000 wallet login users and more than 16,000 creators who have contributed to the publication of over 180,000 pieces of content. Covering crypto investment opportunities across a spectrum of more than 10,000 cryptocurrencies, Bi.social has fostered over 3.7 million user interactions.

Furthermore, the issuance of Bi DID identity NFTs has surpassed 260,000, indicating significant user adoption. Introducing the vBIS points system has incentivized user engagement with valuable content, with a remarkable 314,635,182 vBIS points rewards already claimed, underscoring the platform’s effectiveness in encouraging active user participation and interaction.

Bit Islands Revolutionizes Social Trading with Bi.social

Bit Islands stands as the visionary force behind Bi.social, a groundbreaking decentralized social trading protocol reshaping the landscape of Web3 platforms. Bi.social offers an innovative platform for social trading, empowering users to explore trading signals, track seasoned traders, and participate in trading endeavors through decentralized applications.

The platform integrates various components such as Bi Space for user profiles, Bi Feed for personalized content, and decentralized identity services like Bi DID, enhancing the overall user experience within the Web3 ecosystem.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Mehar Nayar

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