DeBox, a remote provider of a decentralized social networking platform for Web3 communities and decentralized autonomous organizations (DAOs), received an investment from OKX Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and development efforts.
DeBox provides a platform that offers a range of features such as the formation and governance of DAOs, networking and social trading opportunities, the setup of decentralized identifier (DID)-based profiles and NFT avatars, and ability to earn tokens for publishing content, among others.
The company also offers a token swap solution, DeSwap, which allows users to swap tokens across seven supported blockchain networks. These include Ethereum, BNB Chain, Polygon, Optimism, Arbitrum, zkSync Era and Avalanche.
FinSMEs
11/03/2024