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DeepNewz, mobile.
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Karma3 Labs has successfully raised $4.5 million in a seed funding round led by @IDEOVC and @galaxyhq to develop OpenRank, a decentralized reputation protocol. The funding aims to enhance trust in web3 through ratings and recommendations. The project has garnered support from various entities within the Lens Ecosystem, including @LensProtocol, which has been instrumental in enabling Karma3 Labs' search and recommendation API. This collaboration is part of a broader effort to build out the ecosystem with tools for spam prevention and machine learning for developers. Additionally, the @LensProtocol, an on-chain social platform on Polygon, has seen significant growth, reaching over 200K profiles created, with 60K minted in recent days. This development reflects the increasing interest and enthusiasm in the web3 space, as evidenced by the 800 developer grant submissions tracked by @LensProtocol over the past year.
Never a bad time to start building on Lens. Thrilled for the @karma3labs team taking a bet on us and helping build spam prevention tools and ML for builders in our ecosystem. We’re not experts in this at the protocol level, which is why it’s important to have more experienced… https://t.co/cDvbvd8a2q
This morning I tracked 800 developer grant submissions by @LensProtocol builder teams over the last year (excluding hackathons) Excited to see this enthusiasm continue to grow now we’re out in the wild! We will also be looking to innovate away from grants model in other ways.… https://t.co/KzuipaCJQm
This morning I tracked 800 developer grant submissions by @LensProtocol builder teams over the last year (excluding hackathons) Excited to see this excitement continue to grow now we’re out in the wild! We will also be looking to innovate away from grants model in other ways.… https://t.co/KzuipaCJQm
