Quivr Raises $3.55M in Seed Funding

quivr

Quivr, a New York-based provider of a decentralized social platform allowing individuals access to their digital identity via identification and authentication, raised $3.55M in Seed funding.

The round was led by Infinity Ventures Crypto, with participation from Jason Zeng, C2 Ventures, Sfermion and FBG Capital,

The company intends to use the funds to launch the platform to the public.

Led by CEO Raymond Lee, Quivr is an interoperable validation and social endorsement protocol for users to verify and authenticate their digital narrative. The platform allows users to holistically represent themselves online, integrating key aspects of their social graph data in a fully authentic way.

Quivr will validate and authenticate the user’s personal interests/online footprint through a mobile app that is connected directly to other social platforms (i.e. Twitter, Spotify, LinkedIn, etc). Once they claim their verification “badge,” it is then minted into its own NFT, and recorded on the blockchain. App features will include:

  • Connect multiple social graphs into a single interoperable and portable wallet
  • On-chain badging system to authenticate expertise, credentials, activities and passions
  • Gamification for unlocking rare and unique badges for personal achievements

Through unique badges that validates identity, the platform will aggregate from all other social channels to create one place where users can be their most authentic self. Quivr will impact the web3 landscape by establishing a universal social identification system for its digital audience. By year’s end, users will have the chance to use their badges and credentials to be awarded access to most relevant communities, DAOs or NFTs, whether it’s with artists, exclusive events, and other incentives that align with their verified interests. The updated version will also include:

FinSMEs

24/08/2022