TechFlow News, February 13 — According to Chainwire, SocialFi protocol Teneo has raised $3 million in a seed funding round. The round was co-led by RockawayX and Borderless Capital, with participation from Generative Ventures and other institutions.
Teneo is a decentralized physical infrastructure network project built on the machine economy blockchain peaq. Through a browser extension, it enables users to contribute publicly available social media data. Users can earn Teneo Points by collecting public posts from platforms such as X (formerly Twitter) and Reddit, which can later be converted into Teneo tokens.
Currently, Teneo's community nodes span 191 countries, with over 3.9 million users having installed its browser extension, more than 1.1 million of whom have connected digital wallets. The project handles over 15 million data transmissions per day.
