Decentralized social networking tool Neynar completes $11 million Series A financing, a16z and others participate
2024-05-30 15:06:01
Neynar, which provides developers with tools to build decentralized social networks, announced the completion of a $11 million Series A round led by Haun Ventures, with participation from a16z, CSX, Coinbase Ventures, and Union Square Ventures. Currently, most developers using Neynar's services are building social apps on Farcaster, and the platform plays a "rather pivotal" role in this journey as it minimizes the touchpoint between crypto-weary users and the underlying blockchain, creating an experience similar to Web2 apps like Instagram or X.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
去中心化社交网络工具Neynar完成1100万美元A轮融资，a16z等参投Next article：
Worldcoin开始为哥伦比亚提供全球身份验证服务
