Lines web3 messaging platform has received a $4 million seed round

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Last Updated on July 18, 2022 by Bitfinsider

According to its co-founder Sahil Handa, Lines, a new crypto messaging platform, has raised $4 million in a seed round led by former Twitter VP Elad Gil.

“A rapidly growing number of people are using crypto pseudonyms to purchase digital currency, swap NFTs, vote on proposals, and manage treasuries,” Handa, who is also the CEO of Lines, said in an email today. “The issue is that when someone attempts to communicate with another person in this network, there is no way of knowing whether or not they are speaking to the correct person.”

According to him, one of the reasons millions of dollars are lost to hacks and scams is that, among other issues, web3 native identity lacks a verifiable communications platform.

Handa stated that he and Lines’ two other co-founders are working to solve the problem by “building an app that lets you send messages from wallet to wallet and join group chats based on the tokens you own.”

“As a user navigates different DAO apps and NFT platforms,” Handa explained, “their Lines inbox will follow them around in the browser, allowing them to start conversations with users who hold the same tokens as them or who belong to the same communities.”

“Crucially, your Lines identity can remain verifiable, pseudonymous, and secure: you control which parts of your identity you share, but you can always easily prove that you hold the currency or token you say you do,” he added.


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Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.


Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.

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