Aster Protocol, The World’s First Web3 Social Media Aggregation Infrastructure Inspired by “Loot” Raises $1 Million in Seed Round

On 3rd January, 2022, the world’s first Web3 metaverse aggregator & social infrastructure Aster Protocol closed $1 million seed round with participation from Youbi Capital, Pluto Capital, Lancer Capital, Lucid Blue Ventures, and other investors including Republic Asia partner Zhen Cao, FBG partner blockchain industry serial entrepreneur Hitters Xu, OP Crypto COO Lucas He, and other founders from leading venture capital firms.

Aster Protocol creates the first on-chain identity aggregation protocol in the Internet world. Inspired by pioneers such as Loot, ENS, and 1inch, the platform provides a hub for multi-chain Web3 protocols that enable on-chain Web3 features over traditional social media platforms, bridging all Web2 social platforms and Web3 applications. Aster Name Service allows over 5 billion users to gain access to blockchain assets and enter the world of Web3 with no learning curve, which can make it easier for them to use applications of NFT, DeFi, SocialFi, DAO, and Metaverse. Aster Protocol will continue to bring more user scenarios to the blockchain industry.