$5 Million in Seed Capital: This Blockchain Project Aims to Replace LinkedIn

Icebreaker, a blockchain project, has secured $5 million in a seed funding round led by CoinFund. This funding round has set the project's valuation at $21 million.

Key Highlights of Icebreaker's Ambition

Introduction of Icebreaker

Icebreaker, founded by former Coinbase and Google employees Dan Stone and Jack Dillé, aims to create an open-source platform for professional networking based on blockchain technology. The project's ultimate goal is to replace LinkedIn.

Successful Funding Round

The project received $5 million in a seed funding round led by CoinFund. Other participants included Accomplice, Anagram, Legion Capital, and various business angels. This significant investment has boosted Icebreaker's valuation to $21 million.

Vision and Technology

Icebreaker plans to leverage blockchain technology to allow users to consolidate their business profiles and networks through a single channel. The platform aims to provide true ownership of professional identities to online users, eliminating the need for third-party control. Users will be able to sign up via email, Farcaster (a decentralized social media platform), or an Ethereum wallet.

Open Alternative to LinkedIn

Icebreaker is designed as an open alternative to LinkedIn's closed system. Jack Dillé, a former design lead at Google, emphasized the platform's potential to offer users full control over their data, free from third-party intervention. This decentralized approach contrasts sharply with the centralized nature of LinkedIn, the world's leading career networking site.

Support from CoinFund

Alex Felix, CEO of CoinFund, expressed strong support for Icebreaker's mission to empower users with true ownership of their professional identities online. The backing from CoinFund and other investors signifies a strong belief in Icebreaker's potential to revolutionize professional networking through blockchain technology.

Conclusion

Icebreaker is poised to disrupt the professional networking space by offering a blockchain-based, user-controlled alternative to LinkedIn. With substantial seed funding and a clear vision, the project aims to provide a decentralized platform that ensures users maintain full control over their professional data and identities.

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