The funding round, spearheaded by SBI, attracted investments from SBI Ven Capital, SBI Decima Fund, and notable entities like Cardano, Momentum6, Primal Capital, NxGen, Ghaf Capital Partners, Spyre Capital, Baselayer Capital, Haseeb Qureshi, Charles Huang, Jack McCauley, and collaborative funds from Animoca (Japan), Gumi, MZ Crypto, Sygnum Bank, and Azimut Investment Management.
Web3 Startup Bluwhale Secures $7M for AI-Driven dApp Engagement |
Transforming User Engagement with AI
Founded in 2022 by a team of machine learning experts and former TikTok AI professionals, Bluwhale utilizes advanced AI techniques to discover wallets, extract insights, and facilitate personalized wallet-to-wallet interactions. This innovative platform empowers companies to refine marketing strategies while offering wallet holders targeted advertising and outreach.
Shifting the Paradigm
In an era where users unknowingly surrender personal data to corporate giants, Bluwhale takes a revolutionary stance. Headquartered in the San Francisco Bay Area, the startup leverages AI to connect companies with Web3 wallet holders, enabling direct engagement and optimizing marketing expenditure for decentralized applications (dApps).
CEO Han Jin emphasizes the importance of giving wallet holders control over their digital profiles, allowing them to choose communication preferences while benefiting from outreach spending.
AI-Powered Platform Features
Bluwhale has successfully onboarded 180 companies to its AI platform, currently in open beta, and indexed over 270 million wallets. Web3 enterprises can seamlessly connect with wallet owners through secure, on-chain, dynamically priced messages, creating a market-driven incentive system based on wallet holders' influence.
Claiming Rewards and Future Possibilities
To claim rewards on their public on-chain profile, individuals only need to link a wallet and authenticate their identity via social media. Initial message rates are low but escalate based on factors such as wallet value, demand, profile appeal, or other metrics valued by companies.
Investor Haseeb Qureshi commends Bluwhale's blend of consumer and enterprise industry veterans and its innovative approach, poised to elevate Web3 user analytics.
CEO Han Jin envisions a future where individuals transform their digital footprint into a lucrative asset, receiving AI-driven personalized content, products, and services, thereby increasing the lifetime value of their online presence.
Empowering Users and Democratizing Data
Bluwhale utilizes AI and contextual data to create comprehensive Web3 user profiles, enabling precise targeting for companies. The platform empowers users with control over their digital footprint shared with select enterprises, fostering transparency and optimizing marketing and sales spending.
A noteworthy feature is Bluwhale's empowerment of privacy-minded wallet holders, allowing them to manage inbound messengers and conceal personal information. Messengers receive discounts per message, creating a potential resale market as demand for the wallet surges.
Partnering for a Data Revolution
Kevin Low, SVP at SBI Ven Capital, expresses excitement about partnering with Bluwhale's team of AI and industry experts, leading the charge in revolutionizing digital engagement and championing data ownership for enhanced business connectivity.
Q&A Section
- Q1: How does Bluwhale's platform revolutionize user engagement in the Web3 space?
A1: Bluwhale leverages AI to connect companies with Web3 wallet holders, enabling direct engagement and optimizing marketing expenditure for dApps.
- Q2: What sets Bluwhale apart from traditional advertising platforms?
A2: Bluwhale empowers users with control over their digital profiles, allowing them to choose communication preferences and benefit from outreach spending.
- Q3: How does Bluwhale ensure privacy for its users?
A3: Bluwhale enables privacy-minded wallet holders to manage inbound messengers, conceal personal information, and receive discounts for early spots, creating a potential resale market.