Web3 Social Platform SO-COL Is Raising Funding at a $100 Million Valuation Led by Blockchain Capital

SO-COL, the Web3 social platform founded by Irene Zhao, is raising funding at a $100 million valuation led by Blockchain Capital. The funds raised will be used to hire developers, continue building the app and marketing. The platform is a social platform that helps creators distribute NFTs and provides technical and consulting services. Previously, SO-COL closed a $1.75 million seed round on February 8, led by DeFiance Capital and Animoca Brands, with participation from Three Arrows Capital and Mechanism Capital.