Primal, a technology company leveraging open-source communication protocols to give users back agency online, raised $1M in seed funding.
The round was led by Ten31 with participation from Hivemind, and others.
Led by Miljan Braticevic, CEO, Primal announced the launch of its flagship social media application, which, built on the Nostr protocol, is designed for complete freedom of expression without the risk of de-platforming.
With Primal, users can pay each other bitcoin “zaps” through the app by clicking the lightning bolt button on posts they appreciate. The app also uses this information for its discovery feature. Posts that receive more bitcoin are featured in their trending lists.
Beyond its flagship application, the company builds scaling infrastructure and discovery services for Nostr. Primal open sources its entire product stack including its caching and discovery service, Primal Server, as well as, its web, iOS, and Android apps. Its discovery features including search, trending content, and analytics, make primal.net the go-to destination for people who wish to explore Nostr.
With this seed funding, the company will focus on accelerating the development of an immersive user experience in the Nostr ecosystem.
Primal is currently fully available on the Web. Primal for iOS is currently available in beta via TestFlight, with a release for Android planned in the future.
FinSMEs
16/07/2023