Socket Community Update #2

Sriram Vasudevan
Socket Technology
Published in
3 min readApr 29, 2022

We have had an exciting series of events and announcements that happened at Socket over the past months!

If you haven’t been following our frenzy of tweets & Discord, here is the rundown to get you updated about us over a cup of coffee! ☕

Fundraise Announcement

The biggest thing that happened since we last met you was our fundraise announcement 🥳

Socket raised a $5M round led by Framework Ventures with participation from 40+ leading investors & entrepreneurs. The round will helps us rapidly grow on our goals of powering a multichain future!

FundMovr is now Bungee!

We have rebranded our bridge aggregator app from FundMovr to Bungee! The name represents our aspirations to create the most fun & best bridging experience to jump between chains 🚀

Along with the rebrand, we gave our app a sick UI makeover, so be sure to check it out at https://www.bungee.exchange/. Also, follow Bungee’s new Twitter home for the latest updates!

Socket Team DOXXED

We introduced the whole team of bridge buildoors behind Socket and Bungee!

If you too are passionate about building for the multichain like we are, drop us a DM on our socials or Discord!

Integrations Galore!

Multiple new teams are now building on Socket’s liquidity layer and our partner ecosystem is stronger than ever 💪

Some of our latest partners include Brahma building cross-chain degen vaults & Sequence, Plasma Finance who are using Socket to power their in-app bridge!

Caught in 4K 📷

Last few months, you would have caught the Socket team in several media appearances including:

  • Our co-founder Rishabh’s talk with FTMAlerts on Socket’s future plans
  • Sriram and Absolute from our community team participated in the Alpha Society’s AMA
  • Our co-founder VC participated in 2 Twitter Spaces, one with our partner Sequence to discuss the usefulness of in-app bridges & another with frens at Biconomy on the challenges of building for the multichain! Check out both the recordings for some juicy alpha 👀

We also had our second community call with the chad team of Brahma.fi, and had an interesting discussion around our roadmap and about how Brahma is using us!

The Socket team also arrived in Amsterdam to take part and BUIDL at the ETH Conference & Devconenect 🇳🇱. VC, our co-founder was also invited to present a talk on “True Bridges vs Liquidity Networks” at Layer2Amsterdam!

Bungee Product Updates

Bungee recently added a cool new set of updates to our app, giving you an even better bridging experience. Few of the updates we shipped include:

  • Refuel, a gas bridge within Bungee, so you never run out of gas while bridging
  • Support for Aurora chain & Celer bridge

and a ton of performance and UI updates, making our app blazingly fast ⚡

Community

Last but not the least, our coolest community of Socketeers! We are proud to have grown to a 6.6K strong Discord community & 13K super followers across our Twitter socials!

While the Socket community has significantly grown, there is still an ever-passionate curiosity & desire to contribute as we build towards the grand multichain vision, and we can’t be more thankful 🙏

Want to join the Socketeer Army?

  • Be a part of our community here!
  • We’re hiring! Check out our job postings if you’re interested in joining the core team.
  • Check out our docs here to BUIDL on Socket

Socket Website | Bungee | Twitter | Discord

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