TwitterScan, a US-based Web3 Decentralized Social Identification Platform, announced that it has raised $4.56 million in a seed funding round.
Redpoint Ventures led this seed funding round with participation from Sky9 Capital, UpHonest Capital, KuCoin Ventures, Huobi Ventures, LingFeng Capital, Fenbushi US, Antalpha Ventures, 7upDAO, Redline Dao, Cobo Ventures, CyberConnect, SNZ, Viabtc Capital, SF Capital, MetaStone Capital, OneBoat Capital, BitCoke Ventures, MEXC Ventures, Alchemy Pay, Nstone, YM Capital, Gate Labs, Mirana Ventures, Element, and NGC.
The new funds will be used to accelerate the development of its DID ecosystem and social platform. Additionally, the new capital will also allow the company to support advanced initiatives aimed at growing and innovating on .NFT DID ecosystem.
Founded by MetaScan Labs and based in New York City, TwitterScan has been supported by numerous top-tier crypto exchanges. The DID Social Platform has also established strategic partnerships with blockchain wallet companies such as iToken Wallet, ViaWallet, BitKeep, Token Pocket, Kucoin Wallet, and OKX Wallet. The company is reportedly working with CyberConnect and Link3 to develop the social infrastructure of .NFT DID and build the Web3 domain name system.