Web3 Social Platform Crypto Life Raises $20M to Redefine Data Ownership and Social Value Distribution

Odaily Planet Daily reports that The next-generation decentralized social ecosystem, Crypto Life, has successfully closed a $20 million institutional funding round. The investment saw participation from a number of prominent firms including Bluemount Foundation, VEGA-Ventures, Infinite Alliance, ChainPulse Capital, and UZ Capital.

Crypto Life is building a global, decentralized, and privacy-first social network powered by blockchain technology. It aims to break the data monopoly and control held by traditional social media giants, reshaping the systems of social trust and value distribution in the digital age.