According to TechFlow, the first meme trading social layer project Bibobibo (X: @Bibobibo_fun) has completed its seed round of financing. The investment amount and investors have not been disclosed yet.

It is reported that Bibobibo will work with ButterSwap (X: @ButterSwap) and SynFutures (X: @SynFuturesDefi) to create social scenarios for Meme transactions and new asset issuance plans.

Bibobibo will start from the on-chain transaction link of Meme, providing users with a social scenario for expressing transaction views and building consensus, and plans to launch the Alpha version on the Base network in the near future, which will support the barrage transaction function.

The team said that the product will be expanded to multiple chains in the future, and will gradually launch features such as identity/honor systems to provide a new paradigm for Meme transactions and social interaction.