Magma VC has invested $400,000 in decentralised social messaging startup GetGems (formerly Gems). The funding marks the first VC investment for the widely anticipated crypto 2.0 project, which seeks to incentivise social messaging users through the use of GEMZ, a native token issued on Counterparty that allows users to profit from the platform’s growth .
The news comes amid GetGems ’ ongoing crowdsale, the first hosted by IDG-backed decentralised application development platform Koinify. Since its […]
