Discover, Share, Discuss NFT Content Seamlessly via Native Platform
LOS ANGELES, Aug. 3, 2022 /PRNewswire/ — Based, a communication platform built around NFTs, today announced it raised $3.5M in pre-Seed funding in anticipation of its upcoming NFT release. The round was led by Progression Fund, a consumer fund focused on generational shifts. Additional investors include Hannah Grey, Collab+Currency, Palm Tree Crew, Franklin Templeton, GFR, and crypto-focused angels and influencers including SolBigBrain.
Based enables users to easily surface NFT content from their friends and communities to share between smaller token-gated groups and private chats. The platform’s vision is to use NFTs to change how people build relationships in an increasingly digital-first world.
“NFTs are the most powerful membership technology created. But people don’t belong to just one club, they belong to twenty.” says Based cofounder Adam Lurie. “The future of these clubs is moving from monolithic communities to smaller, tight knit circles based on shared values and what’s in your wallet. Based is building for the future of these NFT inner-circles.”
Starting with Solana, Based’s personalized feeds make it easy for users to see relevant NFT activity from their friends and groups as well as pertinent information from NFT projects they follow. In doing so, the platform reduces the tens of millions of SOL transactions a day to the dozens that users personally care about. Users can then easily share and discuss any of this content with their friends and NFT inner-circles.
“New technologies for human communication always birth new networks and platforms built for those networks,” said Progression Partner Mark Linao. “We’re excited by Based’s vision to become the place where new personal web3 networks are built.”
Based is launching with MKRS, a custom designed NFT collection that segments holders into micro-communities, creating an opportunity for deeper engagement between users within the app. By raising venture capital and building its own NFT community, Based joins a small number of web3 consumer apps developing a new hybrid model. Based’s financing will fund core operations so NFT proceeds can be recycled back into the MKRS community. In doing so, the company can drive both a world class product and NFT community at the same time.
About Based
Based is where your NFT inner circles overlap. Discover important NFT moments as they happen and seamlessly share them with your sub-communities, alpha groups, and OG chats.
View original content:https://www.prnewswire.com/news-releases/based-raises-3-5m-to-build-micro-networks-around-nfts-301598351.html
SOURCE Based
While Warner Bros. says the decision to call off the $90 million “Batgirl” is due to its recent merger with Discovery, a tax attorney says there’s likely more to the story.
Warner Bros.' decision, one without any obvious parallel in Hollywood history, sent shockwaves through the industry.
QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) has announced today that QYOU Media India Pvt. Ltd., is launching Q GameX in September 2022, a 24×7 gaming channel which will stream gameplay matches and battlegrounds while taking the viewers through interesting insights on console/gaming equipment, unboxing experiences, tips and tricks and much more. Q GameX will reach digitally savvy young adults between the ages of 18 to 35 and monetize the viewership by working with brands and advertisers seeking
In the world of social media, everyone copies everyone. After the most popular apps launched years ago like Twitter , FaceBook and Instagram , and Snapchat , other social media apps have attempted to copy their formulas and have, for the most part, not succeeded. One app, BeReal, aimed to compete on a large scale with Instagram by promoting unedited and unfiltered photos once a day.
Bankers and advisers that backed Tesla CEO Elon Musk’s $44 billion bid for Twitter have been hit with a flood of new subpoenas from the social media site's lawyers
(Bloomberg) — Activision Blizzard Inc. and NetEase Inc. have torpedoed a World of Warcraft smartphone game that had been in development for three years, raising questions about one of the industry’s most lucrative business relationships.Most Read from BloombergSneakerhead Accused of Running Huge Air Jordan Ponzi SchemeThis Is How China Could Hit Back Over Pelosi’s Taiwan VisitChina Warns Airlines to Avoid ‘Danger Zones’ Around TaiwanNetEase has disbanded a team of more than 100 developers taske
Chris Rock will return to narrate Everybody Still Hates Chris, based on more stories from his teenage years. Everybody Hates Chris Animated Reboot Greenlit at MTV Studios Abby Jones
'Big Bang Theory' cast member and 'Jeopardy!' host Mayim Bialik posted Instagram videos of her reactions to the new merchandise for her podcast 'Mayim Bialik’s Breakdown.'
On Wednesday, Ron Howard visited "The Late Show With Stephen Colbert" where he revealed the most difficult shot of his career.
“Batgirl” directors Adil El Arbi and Bilall Fallah are in shock over the abrupt axing of their comic book tentpole. Warner Bros. announced Aug. 3 that it would not be releasing the $90 million “Batgirl” in theaters or on its HBO Max streamer despite the movie being fully shot and in post-production. The filmmaking duo, […]
Throughout “Star Trek’s” long 56-year history, the Starship Enterprise has been designed, redesigned, reimagined, blown to smithereens and then reimagined again for the various TV incarnations and feature films based on the classic series created by Gene Roddenberry. But for the prequel series “Strange New Worlds,” which recently concluded its highly-praised first season, the responsibility […]
The reported $90 million film was canceled by Warner Bros. and will not be released to theaters or on HBO Max.
Ron Howard’s latest film “Thirteen Lives” reveals the truth behind the international cave rescue of a trapped Thai soccer team in 2018. “Thirteen Lives” is based on the real-life rescue mission of 12 boys and their soccer coach who were trapped in Tham Luang Nang Non cave in Chiang Rai province, Thailand, due to an unexpected rainstorm on June 23, 2018. The event, which made international headlines, prompted thousands of volunteers to offer their assistance to Thai forces, including acclaimed British cave divers John Volanthen and Richard Stanton.
A personal finance expert revealed how movie theaters actually make their money. It's pretty surprising.
"I never instructed or prompted William to sing — his original masterpiece was conceived all on his own."View Entire Post ›
The Bachelorette's Gabby Windey and Rachel Recchia admitted that the unprecedented format was sometimes a "struggle," but insisted they were never pitted against one another.
The 'Only Murders in the Building' actress celebrated her beach body in a new TikTok video shared on Wednesday
Longtime soap opera Days of Our Lives is leaving NBC after nearly 60 years on the air. Find out where you can watch the drama daily starting Sept. 12.
Total orders fell 7% in the first half of 2022 due to the lifting of lockdowns and fewer people ordering food to eat at home, the company said.
“Prey,” a prequel in the “Predator” series, stands as proof that Hollywood today can make a socially conscious movie out of anything. I offer an advance apology to fans of this dogged franchise when I say that over the last 35 years, it would be hard to find a strain of sci-fi action cinema more […]
Author
Administraroot
