SocialFi platform RECRD completes $4 million financing, led by Sui Foundation

ChainCatcher news, according to Alexablockchain, the SocialFi platform RECRD announced the completion of a $4 million financing round, led by the Sui Foundation, with participation from DNA Fund, Alphabit Fund, and angel investors including Netflix co-founder Mitch Lowe and former NBA player Mitch Richmond.

ECRD allows creators and users to convert their content into NFTs and achieve instant monetization through dynamic video interactions.