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Web3 Social Wallet Tribes Launches With $3.3M in Funding

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Tribes, a newly launched Web3-native messaging and group wallet app, has raised $3.3 million in a pre-seed funding round led by Kindred Ventures, South Park Commons and Script Capital.

Tribes group wallets let people co-own and manage digital assets while communicating directly through the wallet rather than an outside messaging service such as Discord or Twitter. The use cases include decentralized autonomous organizations (DAOs) – token-gated communities built around as shared mission – or something as simple as family members wanting to co-contribute to the joint ownership of property.

Wallets can send, receive and hold digital assets including non-fungible tokens (NFTs), memberships and currencies, and sending or spending assets from the group requires a group vote for approval.

Available in the Apple and Google app stores, Tribes app users connect through their Coinbase Wallet.

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