Hashtagger, a community marketing platform for social media, has secured additional funding from strategic investors Synaps, a KYC solutions provider and DuckDAO, a community-backed incubator. With this funding, Hashtagger will continue to develop its platform infrastructure and enhance its Sybil attack resistance mechanisms — enabling a smoother and more secure social media marketing experience for both blockchain companies, and influencers.
Saiba Kataruka, co-founder and CEO of Hashtagger, said, “There has been a proliferation of new crypto projects all over the world, yet many continue to lack the user awareness and appreciation which are critical for their long-term business success.”
Lucas Grondin, co-founder and CTO of Hashtagger added, “With the support of leaders in the space, we will continue to double down on our efforts to build the next-generation social media marketing platform — offering companies a ready tool to market and amplify their brands with the visibility they desire.”
In addition to the funding, Hashtagger recently concluded its crowd-sourced marketing campaign with DuckDao, garnering over 2.7 million views for participating tweets, over 150,000 post engagements, and over 3.5 million profile visits from 74 participating countries.
Lukas, co-founder of DuckDAO shared, “Hashtagger is a revolutionary approach to organic marketing on social media as it enables companies of all industries to provide rewards for verified users. The strong anti-bot technology implemented by Hashtagger also has hugely increased our confidence in their product and excitement about their future.”
Hastagger is a blockchain-based social media marketing platform that enables general Twitter users to earn cryptocurrencies and NFTs in exchange for their tweets with hashtags of crypto brands. Cryptocurrency brands looking to raise public awareness for their companies can engage with influencers of varying follower counts through Hashtagger’s crowd-sourced community platform, at high engagement rates which are at least 10 times more cost effective than centralized social media campaigns.
Hashtagger’s previous fundraise in May 2021 saw a range of renowned investors participate, including NGC Ventures, CMS, Liquefy, GBV and Spark Digital.
About Hashtagger
Hashtagger is a community marketing company that lets people earn cryptocurrency for making social media posts about the specified projects that are running their campaign on the site. Hashtagger is founded by alumni of the University of Oxford, IIT Delhi and 42 Paris.