Web3 social media platform REPUBLIK has raised $6 million in a seed funding round, valuing the company at $75 million. The round included participation from investors such as 6th Man Ventures, Arcane Ventures, and Enjin. REPUBLIK aims to build a decentralized platform for users to interact with content creators through comments, images, and short videos. The funds will be used to accelerate the development of the platform and Web3 creator tools. REPUBLIK has already attracted over 500,000 users in beta across web apps, iOS, and Android platforms. The platform uses a token-based reward system, allowing users to earn for interacting with content and supporting creators.