Social Tokens


Finance

India’s TikTok Rival Chingari Raises $19M From Alameda, Kraken and Galaxy Digital

Chingari will use the funds to develop its popular short video platform and launch its social token on the Solana blockchain.

Sumit Ghosh, co-founder of Chingari Media Pvt, poses for a photograph in Bangaluru, India, on Saturday, July 11, 2020. In late June, when India banned 59 Chinese apps, including global sensation TikTok, the short-video platform stopped working for its 200 million local users. Bangalore-based Chingari, had 3.5 million users that day, says it has now crossed 17.5 million. Photographer: Samyukta Lakshmi/Bloomberg via Getty Images

Finance

Social Token Site Roll Gets Boost With $10M Series A Led by IOSG Ventures

The aim is to become the “Stripe for social tokens,” said CEO Bradley Miles.

NFT collector WhaleShark has one of Roll's leading tokens. (NOAA/Unsplash)

Finance

Top NFL Prospect Kayvon Thibodeaux Taps Rally to Launch Own Cryptocurrency

The highly touted edge rusher out of Oregon is the first football player and second college athlete to do so.

Kayvon Thibodeaux of the Oregon Ducks (Abbie Parr/Getty Images)

Finance

What Happens to a Social Token When Its Creator Dies?

Web 3.0 is enabling new forms of economic relationships between creators and fans. But some things may never change.

(Grant Whitty/Unsplash)

Tech

Pussy Riot, Ex-Bloomberg Reporter Join ‘Seed Club’ Crypto Accelerator

Seed Club offers mentorship and education in exchange for 3% of a project’s token supply.

Markus Spiske/Unsplash

Finance

Crypto Media Company Forefront Raises $2.1M to Cover World of Social Tokens

The funding round was led by 1kx, with contributions from MetaCartel Ventures, Scalar Capital and others.

Forefront (screenshot, modified by CoinDesk)

Finance

3LAU Raises $16M to Tokenize Music Royalties for Artists and Fans

Paradigm and Founders Fund each invested $7 million, the crypto-savvy DJ told CoinDesk, with Paradigm’s Fred Ehrsam joining the board.

Justin Blau is launching Royal Markets with some high-profile backers. (Dia Dipasupil/Getty Images for Billboard Magazine)

Tech

DeFi-Powered Social Token Site Rally Submits Plan to Decentralize Itself

The proposed road map would see the "creator coin" platform split up into a venture studio, a DAO, a Swiss non-profit and more.

photopum-ranaroja-Wex3Uk1sXdM-unsplash

Finance

Spencer Dinwiddie's Crypto App for Creators Raises $7.5M

The round included everyone from Animoca Brands to Matt James from “The Bachelor.”

Brooklyn Nets guard Spencer Dinwiddie

Markets

Web3 Creators Have a New Platform for Minting Social Tokens

With $2.5 million in seed funding, Coinvise is bringing social tokens to Ethereum and Polygon.

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