San Francisco based social media monitoring tool for web3 and NFT projects raised $2m in Seed funding led by FTX Ventures.
Moyi Dang, CEO & Co-Founder of Coinfeeds, commented on the news, "Coinfeeds was developed around the idea that web3 communities are social first. Pretty much all important information is shared through some sort of social platform, which is openly accessible. The way the crypto community shares and engages with information provides auto-curation. By taking advantage of this data, we can not only filter out spam, but we can also pick up on what is important in real time. By organizing this information well, we lower the cost of doing research, and we lower information asymmetry in crypto, which is very high."