Wunder.Social Raises $50M Ahead of Token Present to Assemble Bot-Free Social Media

Finance, Funding Rounds, Social Media, Exclusive The agency makes use of blockchain tech to verify prospects and eliminate bots, and shares advert earnings with prospects, allowing them to fund causes they care about 

EMB: April 9, 16:00 UTC

A blockchain-based startup in London acknowledged it closed a $50 million funding spherical to forward its purpose of “reinventing social media.”

Wunder.Social raised the funds in a spherical led by Rollman Management, in accordance with an announcement shared with CoinDesk on Wednesday.

The enterprise makes use of blockchain know-how to verify prospects, thereby eliminating bots, and shares selling earnings with prospects, allowing them to fund causes they care about, Wunder.Social acknowledged throughout the announcement.

A token present is deliberate for later this month, with potential prospects signing up on the company’s website.

The enterprise moreover acknowledged that the earlier head of selling at TikTok, Ryan Martin, joined Wunder.Social as chief promoting and advertising and marketing officer.

Read More: Decentralized Social Media Firm Lens Eyes Massive Scale-Up

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