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MadFi, the team behind BONSAI, is an encrypted social platform designed to encourage users to join content-specific social clubs and subscribe to favorite creators through a social media reward mechanism. Most recently, MadFi successfully closed a $1 million angel round led by Palm Tree Crew Crypto, Avara Ventures, and Social Graph Ventures, with support from multiple angel investors including Robert Leshner, Spencer Noon, and Sandeep Nailwal.
The MadFi team says the BONSAI token is experiencing organic growth, with creators already earning over $240,000 in tokens through the platform, making it the currency of choice after wMATIC. On the Lens platform, Bonsai’s monetized publication market share exceeded 75% in March and peaked at 90% last week.
According to the team, BONSAI has been growing organically, with creators earning over $240,000 in tokens, surpassing wMATIC as the currency of choice for monetizable content. 0 reply
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