TOKHIT, a blockchain game-based social media application, completed a $100 million financing
On February 13, TOKHIT, a blockchain-driven game-based social media application, announced the completion of a financing of US $100 million, but the company did not disclose the investor’s information or the valuation amount after the financing (TOKHIT disclosed the company’s valuation of about US $155 million at the beginning of 2022). The TOKHIT platform can help content creators and NFT/cryptocurrency lovers make profits through social activities. Andrei Ureche, its co-founder, said that the platform will also provide NFT and digital asset trading, NFT pledge and other services in the future, so that users can find more opportunities to cooperate with brands to gain incentives. （romania-insider）
Interpretation of this information:
TOKHIT, a blockchain-based social media application, has raised $100 million in financing, but has not disclosed information regarding the investors or the valuation amount. The platform aims to provide opportunities for content creators and cryptocurrency enthusiasts to generate profits through social activities. In addition, TOKHIT plans to expand its services to include NFT and digital asset trading, as well as NFT pledge services, to provide users with more opportunities to collaborate with brands and earn incentives.
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