fbpx

Type to search

Binance Labs Leads Seed Round for BBS: CityAM


Notice: Undefined index: imp_points in /var/www/asiafinancialcom/wp-content/themes/atf/single.php on line 130

Recipient is a blockchain-based project that enables content sharing to reward creators, curators and other stakeholders


Binance
Last year Thailand's securities watchdog filed a criminal complaint against Binance for operating without a digital asset licence. Photo: Reuters.

 

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.

 


 

SEE MORE:

 

How Binance Became Biggest Crypto Exchange: WSJ

 

Musk Criticises Binance Over Dogecoin Withdrawals

 

Binance in Talks with Sovereign Wealth Funds: FT

 

 

 

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.

logo

AF China Bond