Beoble, a Web3 chatting app, declared on Wednesday that it has successfully raised $2 million in pre-seed funding, gaining attention for its inventive communication service technology and future growth potential.

Furthermore, focused on the markets of Hong Kong and Singapore, Beoble is a Web3-based social messenger utilizing a decentralized encryption network called the Communication Delivery Graph.

Furthermore, this enables users to participate in end-to-end encrypted conversations through their digital wallets. The platform also provides a communication toolkit for integrating decentralized applications (dApps).

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Notably, the emphasis lies on empowering individuals over corporations, with users earning “cat points” based on their involvement and contribution to the ecosystem.

Moreover, these points determine eligibility for rewards such as token airdrops. Beoble currently supports all EVM-compatible blockchains like Ethereum and Polygon, with plans to expand to others like Solana, Aptos, and Sui.

Cho Sung-min, CEO of Beoble, stated;

“Beoble’s novel approach to facilitating communication among Web3 wallets addresses the control and security vulnerabilities inherent in existing Web2 messaging platforms, positioning it as a leader in the Web3 messaging market.

The pre-seed funding round saw significant investments from crypto and blockchain-focused firms including Digital Currency Group (DCG), HashKey Capital, and GBV Capital.

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Notably, Samsung Electronics’ venture capital arm, Samsung Next, also participated as an investor.Beoble has gained recognition for providing a direct communication channel for Web3 wallet owners, facilitating non-fungible token (NFT) and peer-to-peer (P2P) transactions.

Additionally, the company was selected for the Web3 incubation program conducted by Kakao’s public open-source blockchain, Klaytn, in April of the previous year.Currently open for pre-registration applications for beta testing until November 30, Beoble plans to launch the beta version on December 2.

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