0xPPL, an innovative social networking platform tailored for the on-chain world, has completed a strategic funding round. The investment was led by Peak XV Partners, alongside AllianceDAO and Anagram, with additional participation from notable figures such as Balaji Srinivasan, Anatoly Yakovenko and Raj Gokal of Solana, Sandeep Nailwal of Polygon, Ryan Selkis of Messari, and Sreeram Kannan of EigenLayer.
While the exact amount raised has not been disclosed, the funds will be directed towards enhancing the platform’s features, expanding the team, and furthering 0xPPL’s mission to become the premier on-chain social networking platform.
Founded in August 2022, 0xPPL is revolutionizing social networking for crypto enthusiasts by providing a secure and engaging environment for on-chain interactions. The platform integrates various blockchain networks, allowing users to track their portfolios across Ethereum Virtual Machine (EVM) chains, Solana, Bitcoin, TION, and Cosmos. It offers comprehensive insights into portfolio performance, including invested amounts, profit and loss, 24-hour changes, and staking rewards.
0xPPL also supports cross-posting features that enable seamless content sharing across multiple platforms, including Twitter, Farcaster, and Lens Protocol, among others. This integration aims to streamline user experiences and foster a more connected on-chain community.
