PANews reported on December 4 that BLIFE Protocol, a decentralized ecological protocol based on Bitcoin, announced the completion of US$7 million in financing. Investors include UTXO Management, Bitcoin Frontier Fund, NewTribe Capital, Cypher Capital Group, Digital Consensus Fund, PG, OIG Capital, Animoca Brands, LondonReal Ventures, Citizen Capital, B2C2, Aspen Digital, GSR Ventures, Delta Blockchain Fund, and G20 Group.
According to reports, BLIFE is a decentralized ecological protocol based on the Bitcoin blockchain that aims to integrate Web3 applications and cultural experiences. It provides BLIFE.ID, a digital identity system that connects Bitcoin wallets and protects exclusive .BLIFE domain names, allowing access to decentralized applications, social networks and markets. The ecosystem is powered by BLIFE tokens, facilitating transactions and interactions between various digital platforms.