Binance Labs Leads Seed Round for BBS: CityAM

Binance Labs, the venture capital and incubation arm of Binance, has led a $1.5-million seed round for Bulletin Board System (BBS) Network, a decentralised Web3.0 public network of blockchain-based user-run online message boards, London’s CityAM reported.

BBS Network is a SocialFi project that enables content sharing to reward creators, curators and other stakeholders with its own native token. Revenue generated by the platform is shared across all BBS participants.

Read the full report: CityAM.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.