Metaforo, the Web3 Platform for Online Communities, Announces $4m Fund Raise

Funding Rounds

Summary

Los Angeles, CA, March 31, 2022 --( PR.com )-- Metaforo.io , a Web3 community platform built on Ethereum, Arweave and its layer two networks, has raised a $4 million initial funding round from Mask Network, GSR Web3 Ventures, Arweave, SNZ Holdings, Hash Global and CyberConnect.The platform was launched in December 2021, with OpenDAO and Web3 University communities as the early adopters. Within a couple of weeks, Metaforo reported over 6,000 users, and over half of them have connected to Web3 communities through their MetaMask wallet. Metaforo uses NFTs, POAPs (Proof of Attendance Protocol) and the communitys choice of tokens to apply permission management. The NFT/ERC20 tokens create gated access/poll/lottery, so its easy to get the community involved with daily activities, such as filtering out noise that would normally drain admins time. And this can all be done automatically.Metaforo intends to use its seed investment to increase the size of the engineering and product teams to speed the development of additional Web3 tools for online communities.To start your web3 community on Metaforo, go to: metaforo.io

$ Funding

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Amount $4.0M Total raised
Date March 31, 2022 Announcement date
Investors - Lead investors
Company http://www.everforo.com Funded company

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$1M to $5M