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Home Cryptocurrency

Quiver raises $3.55M to expand its decentralized platform

admin by admin
August 25, 2022
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Quiver raises $3.55M to expand its decentralized platform
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Quiver, a decentralized social identity and verification platform announced on Tuesday, August 23, that it had raised $3.55 million in a seed funding round.

According to the shared press release, the funding round was led by Infinity Ventures Crypto, with participation from Jason Zeng, C2 Ventures, Sfermion, and FBG Capital.

Quiver will use the funds to promote the platform to the public and serve as a “digital resume” that validates behavior and interests through badges, giving consumers the opportunity to create their own social charts.

Also, this funding will enable Quivr to continue its mission of allowing everyone the opportunity to represent their most complete self offline, as real and authenticated as possible, with the goal of making the digital world more humane and reliable.

According to the team, Quivr will verify and verify the user’s personal interests/online footprint through a mobile app directly connected to other social platforms (i.e., Twitter, Spotify, LinkedIn, etc.). When they request verification “badges,” they are printed on their NFT and recorded on the blockchain.

Raymond Lee, Co-Founder, and CEO of Quiver, commented on this latest development;

“At Quiver, our mission is to create a secure digital identity powered by you so that everyone represents their most complete self, online and offline. We are working to make the digital world a more human world; We believe people are best understood and described when we embrace all parts of our human identity. Quivr authorizes people to express their unique selves on the web with a trusted layer of validation.”

Quivr said it would gather from all other social channels to create a single place where users can be their most authentic selves through unique badges that confirm the user’s true identity.

He added that Quivr aims to influence the web3 environment by establishing a universal social identity system for its digital audiences.



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