CoinFund has led a large investment in Icebreaker, a promising company that wants to change the way professionals network. Accomplice, Anagram, and Legion Capital have also contributed. Net3 With this new round of funding, Icebreaker’s six-person team can continue to build their blockchain-based platform, which they want to become the “world’s first open professional network.”
By using blockchain technology to develop a network for professional listings that is not under the control of one company, Icebreaker will attempt to compete with LinkedIn. The digital names of all LinkedIn users are kept in one place. On the other hand, Icebreaker’s website will show users’ business accounts and networks in a single, safe way. People who use this new method have full control over their professional identities. It’s easy to check credentials and send safe suggestions to other people.
Blockchain’s Transformative Potential Highlighted
Alex Felix, CEO of CoinFund, talked about how blockchain technology has the ability to change everything by building foundational social graphs for many uses. “We support Icebreaker’s mission to give people real ownership of their professional identities online,” Felix said, pointing out the more significant problems of trust and shared context in digital networking.
Dillé, one of the founders of Icebreaker, talked about the problems with famous web2 platforms like LinkedIn, like how AI makes noise and how people can make fake profiles. He made people laugh on LinkedIn by calling himself “CEO of Google.” This showed how easy it is for fake news to spread on the site and trick people who are looking for work and people who are giving jobs.
Significant players in Web3 like Coinbase, Opensea, and Polygon Labs have already helped Icebreaker test its platform when it was still in its early stages. These tests taught us useful things and showed that Icebreaker’s new way of meeting professionals does work.
The idea of an open LinkedIn is getting more attention in the Web3 group. Brain Armstrong, CEO of Coinbase, first brought up the idea in September. This shows that more people want to know more about blockchain-based company networks.
Another company in the web3 space called Bondex recently said it wanted to raise more than $10 million. Bondex wants to make a more engaging and interesting professional networking site, as its own BDXN token will allow it to do different things. Bondex, like Icebreaker, wants to offer an option to the way LinkedIn does business now. People who work for companies, people looking for work, and marketers all see it as a hub.
