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Globant’s Be Kind Tech Fund Invests in Web3-Based Platform Polemix To Facilitate Discussion on Hot-Button Issues

Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced today that its Be Kind Tech Fund has invested $1 million in Polemix, the first platform to introduce Web3 technology to the world of ideas and opinions. The startup's mission is to upgrade how people support and oppose opinion leaders, disrupting the echo chambers cultivated by traditional social media platforms.

The Polemix platform enables influential opinion leaders across subject matter areas (including human rights, freedom of speech, feminism, animal rights, populism, and more) to create short videos sharing their opinion on hot-button issues. Supporters can buy Proof of Support tokens (POSU) of the opinion leader's idea, which can also provide benefits such as special access to the leader. Proceeds of the POSU sales can be used to fund the opinion leader's work or support a foundation promoting the leader's cause, but portions of the sales can also be used to reward users who disagree respectfully on the platform's comment section.

The Fund also announced new partners joining its ecosystem, including Seaya, the leading European and Latin American venture capital fund behind unicorns such as Wallbox, Glovo, and Cabify, and E2E, an ecosystem of groundbreaking entrepreneurs, investors, corporates, and entrepreneurial non-execs.

In 2021, Globant founded the Be Kind Tech Fund, the first and only corporate venture fund focused on supporting startups that seek to mitigate the misuse of technology. Since its launch, the Be Kind Tech Fund has invested in ping, a U.S.-based voice platform company that helps enterprises eliminate distracted driving, and established partnerships with The George Washington University and MIT Sandbox Innovation Fund, as well as investors including Riverwood Capital, IDB Lab, Nazca, and entrepreneurial organizations such as Endeavor, LAVCA, and Newlab. The Center for Humane Technology also joined the Fund as an advisor.

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