So Col, a decentralized social platform, has raised $15 million in a funding round led by Irene Zhao, a prominent venture capitalist and blockchain investor. So Col is a Web3 social platform that allows users to create and engage with decentralized communities using blockchain technology.
The funding round is a significant development for So Col and the broader cryptocurrency industry, as it highlights the potential for decentralized social platforms and Web3 technologies. The investment by Irene Zhao is also a positive sign for the industry, as it highlights the increasing interest and support from traditional venture capitalists and investors.
The funding round for So Col is part of a broader trend towards increased adoption and usage of decentralized social platforms and Web3 technologies, as more users and developers seek to build and participate in decentralized communities and networks. As the industry continues to grow and mature, it is likely that there will be increased focus on creating and improving decentralized social platforms and other Web3 applications and services.
(by Yogita Khatri)
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