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Tribes Messenger Raises $3.3M

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Tribes, the Web3-native messaging platform for everyone from DMs to DAOs, said today that it has raised $3.3 million in pre-seed funding led by Kindred Ventures, South Park Commons, and Script Capital. Tribes also announced the debut of their social wallets, the first combined messaging and wallet product that lays the groundwork for unleashing the potential of co-ownership and collaborative action. People can use the group wallet to co-own and manage digital assets, as well as communicate directly with other co-owners.

In today’s Web3 context, the accessible communication platforms (e.g. Discord, Telegram) are too disconnected from the decision-making process around digital assets, making it difficult for others to track what’s going on, thoughtfully contribute, or even get involved in the first place.

Web3-native identity and infrastructure enables group chats (and token-gated groups) to do more than just talk – they can get things done! This, however, only works when there is excellent communication. Tribes believes that co-ownership and collaborative action, made possible by Web3 technology, would improve the economy and the globe.

Communication (social) and ownership (wallets) must be intimately interwoven for ubiquitous co-ownership to be realized. The Tribes app offers all group chats access to a shared wallet, which any participant may activate with a single tap. This shared wallet allows you to transmit, receive, and store digital assets such as NFTs, memberships, currencies, and more. Sending or “spending” group assets requires group consent – a threshold that groups set themselves, such as 3 of 5 members.

Communication (social) and ownership (wallets) must be intimately interwoven for ubiquitous co-ownership to be realized. The Tribes app offers all group chats access to a shared wallet, which any participant may activate with a single tap. This shared wallet allows you to transmit, receive, and store digital assets such as NFTs, memberships, currencies, and more. Sending or “spending” group assets requires group consent – a threshold that groups set themselves, such as 3 of 5 members. To approve or reject transactions, group members can directly thumbs-up (or -down) in the groupchat.

In the future, each of these “basic” use cases will serve as a foundation for DAOs, distributed app user groups, NFT communities, pop-up crowdfunds, and other organizations.

The Tribes social wallet integrates best-in-class technology for co-owner collaboration, such as (Gnosis) Safe multisignature smart contracts, transaction signing using Coinbase Wallet or secure in-app signatures, and Web3 identity support (ENS, Lens, etc.).

Tribes is a Web3-native messaging and group wallet app to help the next generation of crypto consumers, creators, communities, and DAOs collaborate and build relationships

 

 

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