Web3 social application Halo completes $3 million seed round of financing, with participation from IDG Capital and others

Web3 social application Halo announced the completion of a $3 million seed round financing on X platform, with participation from IDG Capital, HashKey Capital, Kucoin Ventures, Cyberport, and a group of Web3 angel investors. In addition to these investments, the digital harbor incubation program supported by the Hong Kong government also provided further support for Halo's development. Halo positions itself as a social monetization layer and upgraded its Halo Genesis Pass to Halo Membership Pass (HMP) in April of this year. It is reported that Halo will soon launch an Influencer Badge and integrate with Farcaster, aiming to help creators deepen their connection with their audience and monetize their social influence in innovative ways.