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Quivr mints $3.55M to scale its decentralised social platform offering users access to their digital identity

Image credits: Quivr

Quivr, a New York-based decentralised social platform allowing individuals access to their true digital identity via identification and authentication, has raised $3.55M in seed round funding led by Infinity Ventures Crypto.

Other investors include Jason Zeng, C2 Ventures, Sfermion, and FBG Capital, participated in the round. 

Infinity Ventures Crypto (IVC) was founded to empower and invest in pioneering GameFi, DeFi, and Web3 startups. Since August 2021, IVC, currently the most active crypto VC in Asia with over 160 portfolio investments.

The company will use the funds to launch the platform to the public, allowing consumers to create their social graph, serving as a “digital résumé” that verifies behaviors and interests via badges. 

Validating digital identity

Founded by executives from Pearpop, Bridgewater, and Vivun, Quivr will validate and authenticate the user’s interests/online footprint through a mobile app connected directly to other social platforms. 

Once they claim their verification “badge,” it is minted into its own NFT and recorded on the blockchain. After that, the platform will aggregate from all other social channels to create a place where users can be their most authentic selves. 

Quivr will impact the web3 landscape by establishing a universal social identification system for its digital audience.

“At Quivr, our mission is to create a secure digital identity – powered by you, for everyone to represent their most complete self online and offline. We’re working to make the digital world a more human world; we believe people are best understood and represented when we embrace all parts of our human identity. Quivr allows people to express their unique selves on the web, with a trusted layer of verification.” says Raymond Lee, Co-Founder & CEO of Quivr.

“Quivr will allow us to stand apart from other musicians in the space by identifying and segmenting our super fans across both web2 and web3 channels.” says Dean Wilson & deadmau5 (720Mau5).

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