Coinfeeds, a San Francisco, CA-based provider of an application that aggregates metrics and insights across different social networks to help businesses, investors, and web3 natives alike make more effective, data-driven decisions, raised $2m in seed funding.
The round was led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and Y Combinator.
The company intends to use the funds to accelerate growth and expand operations.
Co-founded by Moyi Dang (CEO), and Bhavya Agarwal (CTO), Coinfeeds gives users the ability to monitor the social media mentions and activity of web3 and NFT projects which is beneficial for all web3 participants from the average user to professional investors, to the protocol itself looking for insights on the health of its own community. . The platform leverages natural language processing to monitor and generate insights from key web3 community social channels like Twitter, Discord, and Telegram to track sentiment, mentions, followers, and messages. This data is also used to create a custom social graph for every coin or NFT project to identify key opinion leaders and track what projects investors and influencers tweet about the most, and what projects they recently invested in.
FinSMEs
15/08/2022