Web3.0 social platform Crypto Life has raised $20 million in funding, aiming to reshape data sovereignty and the distribution of social value.

Odaily Odaily reports that Crypto Life, a next-generation decentralized social ecosystem, has announced the completion of a $20 million institutional funding round. This round was led by multiple investment institutions, including Bluemount Foundation, VEGA-Ventures, Infinite Alliance, ChainPulse Capital, and UZ Capital.

Crypto Life aims to build a global, decentralized social network centered on user privacy through blockchain technology, breaking the monopoly and control of user data by traditional social media giants and reshaping the social trust system and value distribution model.

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