Startups race to build a crypto-native, consumer-friendly messaging platform for web3 – TechCrunch
— Build, Capital, Lines, Crypto, Consumerfriendly, Wallet, Users, Platform, Startups, Race — 1 min read
One of the "more interesting parts of crypto right now” is at the “intersection of social messaging and web3,” says Elad Gil. Gil has already led a $4 million seed round in Lines, a startup whose three co-founders studied philosophy at Harvard. Lines strives to enable users to send messages from wallet to wallet and to join group chats based on token ownership. Lines will soon be in competition with other messaging apps that are trying to take on Twitter, Telegram, or Discord, where most web3 conversations live today and where it’s all but impossible to verify that people are who they say they are, phishing attempts and other scams are rampant. The question is whether enough people will agree that Lines is offering the exact right solution. Source