[Crypto social network 0xPPL completes a new round of financing, AllianceDAO and others participated in the investment] Golden Finance reported that the encrypted social network platform 0xPPL has completed a new round of financing. AllianceDAO, Anagram and Peak XV Partners, as well as angel investors Balaji Srinivasan, Anatoly Yakovenko and Raj Gokal of Solana Labs and Polygon co-founder Sandeep Nailwal participated in the investment. The specific amount of financing and valuation information have not been disclosed. The new funds will be used to enhance 0xPPL's product offerings, expand its team, and further realize its mission of becoming a leading on-chain social network platform. Its current competitors mainly include decentralized social networks such as Phaver, Easy and Farcaster.