Web3 Initiative Raised $12.5 Million in Funding - Coinleaks
Current Date:September 21, 2024

Web3 Initiative Raised $12.5 Million in Funding

Initiative focusing on a decentralized communication platform Sending Labsmanaged to raise $12.5 million in funding.

Investors continue to invest in the decentralized world of Web3. This time, Sending Labs, a new startup focusing on decentralized communication protocols, Web3managed to collect an investment of 12.5 million dollars for the communication platform.

Sending Labs Raised $12.5 Million Investment

Web3 The interest in technology is increasing day by day. Web3’s initiatives centered around decentralization continue to be followed with interest by investors.

Sending Labs was founded by the developers of Dolphin, a legacy Android-based browser released in 2011. The developers of Dolphin, a legacy mobile browser based on Android, are working to bring online communication to the Web3 ecosystem.

Focusing on the Web3 communication platform, Sending Labs managed to raise $12.5 million in the tour it participated in.

The new platform is tasked with creating an accessible and secure Web3 infrastructure for developers and the community alike. With its new feature, Sending Labs aims to activate privacy-protecting communications and guarantee ownership and transfers of digital assets to community chats.

Sending Labs, announcing its funding today, SendingNetworkAnd SendingMelaunched two messaging products, including