Back

Noice Raises Funding from Coinbase Ventures and Network School for Web3 Tipping Protocol

The crypto-native platform secured investment through SAFE and token warrant agreements to expand its social microtransaction system on Farcaster.

Summary

Noice, a tipping protocol designed for crypto-native social interactions, announced it raised funds in June through SAFE plus token warrants from Coinbase Ventures and Network School. The platform enables microtransactions tied to social engagement on Farcaster, integrating Web3 incentives with content creation.

Terms & Concepts
  • SAFE (Simple Agreement for Future Equity): A funding instrument allowing investors to provide capital in exchange for future equity, widely used in early-stage startups.
  • Token Warrants: A contractual agreement that gives investors rights to purchase tokens in the future, often linked to project milestones or performance.
  • Farcaster: A decentralized social network protocol enabling on-chain identity and social interactions within the Web3 ecosystem.