The encrypted social network platform 0xPPL has recently completed a new round of funding, attracting the attention of several heavyweight investors. Institutions such as AllianceDAO, Anagram, and Peak XV Partners, along with individual investors Balaji Srinivasan, Anatoly Yakovenko, Raj Gokal, and Sandeep Nailwal, have all participated in this investment. Although specific funding amounts and valuation details have not been disclosed, the funds will support 0xPPL's continued growth and development. Through this funding, 0xPPL plans to further enhance its product offering, expand its team size, and aim to become the leading on-chain social network platform in the market. In the fiercely competitive decentralized social networking sector, 0xPPL will face challenges from competitors like Phaver, Easy, and Farcaster, striving to enhance its core competitiveness.