According to Foresight News, Young Protocol, a multi-chain SocialFi project, has announced the completion of its Pre-Seed funding round, with a valuation of $8 million. The specific amount raised was not disclosed, but Eureka Meta Capital led the investment. Young Protocol plans to launch its community within the next four months.
Young Protocol is a multi-chain SocialFi protocol dedicated to reducing interaction costs and enhancing the social experience. It aims to enable users to interact with projects on different public chains with a single click through its Multichain and Bridge domain technology. Young Protocol will apply this technology to its social platform 'Young' and introduce the 'Social to earn' model.