According to the latest news from Chain Catcher and reported by The Block, Re7 Capital has announced the establishment of a $10 million SocialFi special fund, aimed at investing in about 30 early-stage projects. Although the current development in this field is still slow, Re7 partner Luc de Leyritz stated that "the timing is ripe," as infrastructure, talent, and user behavior have reached a resonance.
The fund will invest in the form of initial checks ranging from $100,000 to $300,000, focusing on supporting emerging SocialFi platforms in ecosystems such as Lens Chain and Farcaster. The first round of funding has completed 60% subscription.
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According to the latest news from Chain Catcher and reported by The Block, Re7 Capital has announced the establishment of a $10 million SocialFi special fund, aimed at investing in about 30 early-stage projects. Although the current development in this field is still slow, Re7 partner Luc de Leyritz stated that "the timing is ripe," as infrastructure, talent, and user behavior have reached a resonance.
The fund will invest in the form of initial checks ranging from $100,000 to $300,000, focusing on supporting emerging SocialFi platforms in ecosystems such as Lens Chain and Farcaster. The first round of funding has completed 60% subscription.