Web3 social app Halo completes $3 million seed round financing, IDG Capital and others participate

Web3 social app Halo announced the completion of a $3 million seed round on the X platform, with participation from IDG Capital, HashKey Capital, Kucoin Ventures, Cyberport, and a group of Web3 angel investors. In addition to these investments, the Hong Kong government-backed Cyberport Incubation Program has also provided further support for Halo's development. Halo has positioned itself as a social monetization layer. In April this year, it upgraded its Halo Genesis Pass to Halo Membership Pass (HMP). It is reported that Halo will soon launch Influencer Badge and integrate with Farcaster, aiming to help creators deepen their connection with audiences, while monetizing their social influence in innovative ways.