Bluemount Foundation Acquires Decentralized Social Ecosystem Betwin

Betwin, a next-generation decentralized social ecosystem, has been acquired by Bluemount Foundation. According to ChainCatcher, the DeFi segment of Betwin will now be managed by Bluemount Foundation under the newly established BMBY, focusing on data ownership, privacy protection, and social value distribution. As part of the acquisition, Betwin completed a $2 million institutional funding round with participation from Bluemount Foundation, Infinite Alliance, ChainPulse Capital, and UZ Capital. With the strategic resources of Bluemount Foundation, Betwin aims to accelerate the implementation of blockchain-based social networks, challenging the data monopoly of traditional social media giants and reshaping the trust and value distribution mechanisms in the digital era.