FinTech news in bertelsmann digital media investments category

DSCVR, a blockchain-based social network built on Dfinity’s Internet Computer protocol, has entered the race to build a scalable DeSo platform with $9 million in seed funding led by Polychain Capital. Porter said he made that decision after meeting Dfinity’s president and chief scientist, Dominic Williams, while Porter was working on a blockchain-based smart contract project as a consultant at BCG. His first project was to build a message board on the protocol, which he said exposed him to the need for web3 communities and inspired his decision to build a social network. The communities help NFT projects build hype by airdropping digital assets to DSCVR users, co-founder and CEO Rick Porter told journalist in an interview.