According to ChainCatcher, MeWe, a privacy-focused social media network based on the Decentralized Social Network Protocol (DSNP), announced the completion of a $6 million Series B financing round led by McCourt Global.
The new funds will be used to further develop new technologies such as AI integration, launch new Web3 product features, conduct strategic user acquisition through targeted marketing efforts, and launch a native token to enhance user growth, platform engagement, and utility.
