Bi.social

Bi.social is a Web3-native social protocol and investment platform developed by Bit islands, founded in 2021. The platform integrates decentralized finance (DeFi) with social media, allowing users to discover trading signals, follow experienced traders, and engage in trading activities through decentralized applications. Its core mission is to leverage blockchain technology to create a secure, transparent, and user-centric social environment where individuals have full ownership and control over their personal data.

In March 2024, the company announced it had successfully raised $3 million in a seed funding round. The round saw participation from investors including Web3Vision, WAGMi Ventures, and QF Capital, with the funds intended to support the protocol's ongoing development. Bi.social's business model focuses on creating a collaborative ecosystem for social trading. It has introduced the vBIS points system, which rewards users for creating and engaging with high-quality content, and serves as a credential for the future Bi.social token.

The platform's suite of features includes Bi DID for decentralized identity, Bi·Space for user profiles, Bi·Feed for a personalized content stream, and Bi·Post for content creation. These components are designed to facilitate a social trading experience, where users can publish content, follow crypto investors, and participate in discussions. The platform provides tools for users to track wallet addresses, discover trending topics, and monitor the on-chain activities of notable figures in the crypto space.

Keywords: Web3 social protocol, decentralized social trading, social finance, crypto investment community, DeFi, blockchain social media, decentralized identity, Bi.social, Bit islands, user-owned data, social trading signals, vBIS points, WAGMi Ventures, QF Capital, Web3Vision, SocialFi, crypto trading, decentralized applications, on-chain analysis, digital identity