Web3 social media platform Wunder.Social completes $50 million in financing

PANews reported on April 10 that according to CoinDesk, Web3 social media platform Wunder.Social announced that it had completed a $50 million financing round, led by Rollman Management. Wunder.Social said in the announcement that the project uses blockchain technology to verify user identity, thereby eliminating robots and sharing advertising revenue with users, allowing users to fund their careers they care about.

The company plans to make a token offering later this month, and potential users can register on the company's website. The project also announced that former TikTok marketing director Ryan Martin has joined Wunder.Social as chief marketing officer.