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The creators of Dolphin, one of the first Android-based mobile browsers released in 2011, who also co-founded Sent Labs.
One of the earliest Android-based mobile browsers' creators is aiming to advance online communication by integrating Web3 with it.
A Web3 communications stack will be introduced by Sending Labs, a new firm focused on decentralized communication protocols, with the help of an initial $12.5 million in funding.
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By adopting end-to-end decentralization of its product's core, this new platform fulfills its aim of creating an open and secure Web3 communication infrastructure for developers and the community. Sending Labs hopes to enable privacy-preserving conversations and ensure ownership and transfer of digital assets in community discussions with this new solution.
Important investors including Insignia Venture Partners, MindWorks Capital, and Signum Capital are a part of the seed fundraising, along with others like K3 Ventures and Lingfeng Innovation Fund.
On February 16, Sending Labs announced the seed round and unveiled SendingNetwork and SendingMe, its first two messaging services.
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This tool, which has just entered beta testing, seeks to enable programmers create decentralized social applications and make decentralized group chat platforms accessible to communities. Users of the tool can leverage smart contract payments and trading protocols to commercialize their projects via a variety of channels, including peer-to-peer exchanges, community marketplaces, crowdfunding, airdrops, giveaways, auctions, and more.
Web3 and decentralized group messaging, according to Sending Labs co-founder and CEO Joe Yu, are the first steps toward giving people ownership of their data back.
The two founders of Sending Lab, Yu and Mason Yang, also co-founded MoboTap, which produced Dolphin, one of the original Android-based mobile browsers. This browser has 200 million users across the US, Europe, and Japan and was named one of the best iPhone and iPad apps of 2011.