🎉 Bluesky has just secured $23.00M in its latest funding rounds! 🎉
🔹About: Bluesky is a decentralized social network protocol initiated by Twitter in 2019 and later became independent in 2022. The project aims to create a more open and user-controlled social media framework, allowing different platforms to interact with each other while giving users greater control over their data and online presence. Bluesky leverages the Authenticated Transfer (AT) protocol to facilitate decentralized social networks, enabling users to maintain their connections, data, and identities across multiple platforms. The protocol focuses on transparency, scalability, and user autonomy, aiming to decentralize the social media landscape and reduce the dominance of centralized platforms🚀🌐
🔹 Lead Investors: Blockchain Ventures, Neo, SevenX Ventures, Protocol Labs, True Ventures and many more.
🔹 Total Raised: $23.00M.
🔹 Project Category: Social Network Infrastructure.
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