According to Cision PR Newswire, the decentralized social platform Passage has completed a $6 million private token financing, led by Akash Network, with participation from Druid Ventures, Vitwit, Cosmostation, Hyperchain Capital, Chorus One and Cogitent Ventures. Passage will use the funds to further develop and build tools.
Passage, built on Cosmos and integrated with Sortium’s artificial intelligence technology, will publicly sell PASG tokens on StreamSwap on August 29 and will launch a beta version in the fourth quarter of 2023.