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Ethos, a decentralized social (DeSo) application focused on bringing reputation and credibility onto the chain, announced the completion of a $1.75 million Pre Seed round of financing, with participation from Web3 angel investors such as BharatKrymo, James Hall, 0xQuit, Tre, Dingaling, Signduck, Dragos, 0xMakesy, and Zeneca. EthosNetwork utilizes Ethereum's verification function to confirm user credibility for ETH staking, and network participants will receive a credibility score. The new funds will be used to launch products on Base later this summer. @hhshenlao 0 reply
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