Roll Raises Another $1M to Make Money Social
Personal token platform Roll is announcing the raise of $1 million from Fabric Ventures, IOSG, William Mougayar and others.
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"NFTs represent the future of content on blockchains," said Roll co-founder and CEO Bradley Miles. Social token infrastructure provider Roll raised $10 million in Series A funding, bringing the company’s total funds raised to $12.7 million to help creators tokenize their interactions with communities. Led by IOSG Ventures, the funding round saw participation from Animoca Brands, Alchemy, Huobi Ventures, Weekend Fund, Mischief Fund, Audacity and existing investors like Galaxy Interactive, Hustle Fund, Gary Vaynerchuk, Trevor McFederies, Ryan Selkis and Balaji Srinivasan.Social tokens are....
Brooklyn 99 star Terry Crews is launching his own cryptocurrency, $POWER, where people can own a piece of him and spend it at the local grocery store. Actor Terry Crews, known for his prominent character in the Brooklyn 99 TV series, is launching his own social currency, $POWER, through social crypto platform Roll.I have launched a social currency on the Ethereum Blockchain called $POWER! Check out this exclusive from @TechCrunch: https://t.co/JpcdIGFbEA pic.twitter.com/1YFSALQhYb— terry crews (@terrycrews) March 10, 2021 Talking to TechCrunch, Crews said that the currency is a means....
“The attacker has sold all the tokens,” announced social token platform Roll after a hacker accessed private keys to its hot wallet. Social token platform Roll suffered a hot wallet breach, resulting in hackers draining at least 3,000 ETH worth $5.7 million on March 15. At roughly 8am UTC, digital asset management platform MyCrypto reported that a hacker may have compromised the private keys for Roll’s hot wallet, allowing them to transfer funds from users’ accounts at will. After approximately 12 hours, Roll responded to the attack, announcing the hacker had stolen and liquidated a large....
Dario Nieto, a lawmaker in the city of Buenos Aires, has introduced a bill that would use blockchain systems to make social aid payments in order to bring clarity to these activities. Nieto has complained about the different intermediaries that use these social campaigns to make money and how introducing blockchain might eliminate these activities.
Social Aid Blockchain Law Introduced in Buenos Aires
Many systems are using blockchain due to the traceability that this tech might bring to any implementation. Senator Dario Nieto, a lawmaker for the city of Buenos Aires, is....
“What Axie Infinity did for gaming, we want to do for social media,” Chingari co-founder and CEO Sumit Ghosh says. Indian short-video sharing platform Chingari is preparing to launch its own blockchain network and social token.Chingari has completed a $19-million funding round to launch its mainnet and conduct a token sale for its Solana-based GARI token in November, the firm announced on Friday.Chingari co-founder and CEO Sumit Ghosh said that the token sale is scheduled for Nov. 2, while the mainnet launch and application integration are expected to have gone live by the end of that....