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Sleek’s co-founder Tania Tse stated that the financing was made through a Simple Agreement for Future Tokens (SAFT).

Blockchain-based Web3 social media platform, Sleek, reached a valuation of $50 million along with $5 million in seed financing. The round, which was made possible with the participation of major investors such as Binance Labs, Shima Capital, Spartan Group, Symbolic Capital, Market Across, and Big Brain Holdings, highlights Sleek’s strong investment and growth potential.

Sleek offers its users an interactive experience through cards and a Telegram bot, using blockchain technology to establish social connections. The platform has made over 15,000 card sales and supported over 300,000 connections since its launch.

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