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The Social Coin develops an empathetic artificial intelligence platform, empowering governments and organizations to foster impactful community initiatives. Its technology provides data-driven insights, enabling entities to design, launch, and manage programs for citizen engagement and social change. The platform utilizes AI to understand community needs, facilitating effective resource allocation and targeted interventions.
Co-founded by Anna Closas, Edgar Pons, Ivan Caballero García, and Koldobika Goikoetxea Rico, the company emerged from a shared vision. They sought to leverage technology for enhanced civic engagement and community well-being, leading to a system digitizing and optimizing social and urban challenge management.
The Social Coin primarily serves governmental bodies and large organizations, amplifying social impact and streamlining community engagement. Its mission is to inspire collective action, enabling resolution of societal issues through data-informed decision-making and citizen participation. The company envisions more connected and resilient communities, driven by responsive public initiatives.
Social Coin has raised $34K across 2 funding rounds.
Social Coin has raised $34K in total across 2 funding rounds.
Social Coin is a technology company that builds a decentralized social network ecosystem powered by blockchain technology, specifically Blockchain 3.0. Its core product is the Social Network Protocol (SNP), which enables users to own, manage, and monetize their social assets independently from centralized platforms. The company serves users and developers of SNP-enabled applications, aiming to create a win-win decentralized social networking ecosystem where social assets have real monetary value through the Social Coin (SoCo) token. This approach addresses limitations of existing social networks and blockchain technologies by providing a new business model that values individual social assets and supports ecological expansion based on these assets[1].
Social Coin emerged from the vision to build a value ecology of human social assets using blockchain technology. The project was initiated to leverage Blockchain 3.0 to create a Social Chain OS with multiple layers, including APIs, distributed storage, smart contracts, and auditing mechanisms. The founders aimed to shift social asset ownership from centralized platforms to individuals, enabling users to realize the full value of their social interactions. Early development focused on building the Social Network Protocol stack and the Social Chain infrastructure to support decentralized social applications and the Social Coin token ecosystem[1].
Social Coin rides the growing trend of decentralization and blockchain adoption in social networking. As concerns about data privacy, platform control, and monetization of user-generated content increase, Social Coin’s decentralized model offers a timely alternative. The shift toward Web3 technologies and blockchain 3.0 infrastructure supports the creation of ecosystems where users regain ownership of their digital identities and social capital. Market forces such as increasing demand for data sovereignty, blockchain scalability improvements, and the rise of token economies favor Social Coin’s approach. By enabling social assets to be traded and valued on-chain, Social Coin influences the broader ecosystem toward more equitable and user-empowered social platforms[1].
Looking ahead, Social Coin is positioned to expand its ecosystem by onboarding more SNP-enabled applications and increasing adoption of the SoCo token. Trends such as the mainstreaming of decentralized social networks, growing regulatory scrutiny of centralized platforms, and advances in blockchain scalability will shape its trajectory. The company’s influence may evolve from a niche blockchain social project to a foundational infrastructure provider for next-generation social networks. Continued development of user-friendly tools and partnerships with app developers will be critical to realizing its vision of a decentralized social asset economy[1].
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This summary is based primarily on the detailed Social Coin white paper describing the Social Network Protocol and Social Chain infrastructure[1]. Other search results referenced different entities named "Social Coin" unrelated to this blockchain project and were excluded to maintain focus and accuracy.
Social Coin has raised $34K across 2 funding rounds. Most recently, it raised $16K Seed in May 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2015 | $16K Seed | — | Lanta Digital Ventures | Announced |
| Dec 1, 2014 | $18K Seed | — | Lanta Digital Ventures | Announced |
Social Coin has raised $34K in total across 2 funding rounds.
Social Coin's investors include Lanta Digital Ventures.
