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Primitives wants to turn your crypto wallet into a social network

TechCrunch

DJ Gabeau, one of Snapchat Stories’ earliest engineers and founder of web3 social network Primitives , told TechCrunch that he thinks NFTs can be a genuinely enjoyable way for people to connect with one another digitally and make memories. Users don’t have to go through multiple steps to claim the assets, he added.

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Indian social network Public App raises $41 million

TechCrunch

Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as the hyper-local Indian startup looks to expand its presence in the world’s second-largest internet market.

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MyPlace raises $5.8M to scale its private home-sharing social network

TechCrunch

New York-based MyPlace , a social network designed to help friends share their private homes, has raised $5.8 Since then, the platform has grown into a social network used by thousands of people in 86 countries. Once you get onto the network, you can find your own friends on it.

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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California.

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Tedooo raises $3M to scale its social network for buyers and sellers

TechCrunch

Tedooo , a Tel Aviv-based social network marketed towards the trade world, has raised $3 million in seed funding led by Stardom Ventures. The company says it has thousands of new organic users each week and plans to scale growth through marketing. “We We are growing rapidly,” Michelle said in an interview with TechCrunch.

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Social network Peanut expands to include more women with launch of Peanut Menopause

TechCrunch

Peanut , a social networking app for women, initially found traction connecting women in the earlier stages of their motherhood journey. But over the years, the network expanded to support women through other life stages. They wanted to talk about their symptoms with others who were going through the same thing.

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Summer International uses social media data to launch new beauty brands

TechCrunch

If you follow #beautytok, #beautytube or any beauty content on social media platforms, you know that popular product trends are hard to keep up with. The company launched in 2018 along with Gushcloud International, an influencer marketing firm. They are also available on Summer.store, the company’s proprietary social commerce network.

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