OpenSocial protocol raises $5M to fuel the growth of SocialFi super apps, with $15M fund

OpenSocial Protocol (OpenSocial), a composable infrastructure layer for building social applications, announced the successful completion of a $5M seed funding round. OpenSocial is a multichain SocialFi infrastructure protocol empowering developers and creators to effortlessly build social dApps. OpenSocial Protocol is founded by Everest Ventures Group (EVG), one of the largest web3 operating groups in Asia focused on consumer applications. EVG set aside a $15M ecosystem fund for developers to build on OpenSocial. OpenSocial is an open-source social infrastructure layer to power native web3 social experiences.

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