Golden Finance reported that Ethos, a decentralized social application (DeSo) focusing on bringing reputation and credibility onto the chain, has completed a $1.75 million Pre-Seed round of financing. Web3 angel investors such as Bharat Krymo, James Hall, 0xQuit, Tre, Dingaling, Sighduck, Dragos, 0xMakesy, and Zeneca participated. Ethos Network uses Ethereum’s verification function to confirm the credibility of users for ETH staking. Network participants will receive credibility scores, and the new funds will be used to launch products on Base later this summer.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.