brypto

As much as I hate the term "SocialFi", crypto fundraising over-indexes on category narratives. So if this helps drive more money and awareness for consumer projects, I'm here for it

We're excited to announce a $31 million strategic raise led by @FactionVC to fuel the rise of SocialFi. https://t.co/NiGAc91d44

Lens

As much as I hate the term "SocialFi", crypto fundraising over-indexes on category narratives. So if this helps drive more money and awareness for consumer projects, I'm here for it

https://x.com/LensProtocol/status/1869384504265384425

maxxing on /morpho 🦋 | pursuing a higher self w /higher-athletics | consistently curious

Is it dead? I literally haven’t checked in months (many such cases?)

How a dead protocol raises $31M is truly a mystery to me

someone tell lightspeed this isn’t the way to get into the crypto game 🤣

Software Engineer @ Cadence Design Systems. B4: Stanford EE / Illinois ECE

Do we know the respective valuations?

Bluesky could’ve diluted less

hilarious considering Bluesky could only raise $15M less than two months ago, with actual users. that being said, they've basically shunned all monetization & especially crypto, so maybe it's still overvalued even at 15.

it really perverts goals and experiences using that term socialfi. everything is optimized for making a dollar, and nothing really optimized for good products.