Icebreaker, an on-chain professional network founded by former Coinbase and Google employees, has raised $5 million to create an open-source platform for professional connections. Valued at $21 million, the startup aims to rival LinkedIn with a web3 solution.
The funding, led by CoinFund, includes Anagram, Accomplice, and Legion Capital. Co-founders Dan Stone and Jack Dille emphasize that a professional’s digital identity should be public, not owned by a single company.
This model allows users to verify credentials across multiple platforms, enhancing trust and reducing fake personas. The surge in VC interest in web3 parallels the recent crypto ETF craze, driving asset prices to new highs.