
Two scions of Singapore's wealthy families are collaborating to make an exclusive social networking app, which requires users to buy into their NFTs to gain access. — AFP
A pair of scions from Singapore’s wealthiest families are teaming up to create a private NFT-based social networking app, becoming the latest among the well-heeled to jump aboard an intensifying crypto craze.
Kiat Lim, the 28-year-old son of reclusive financier Peter Lim, and Elroy Cheo, of the family behind edible oil business Mewah International Inc., have founded ARC to create the exclusive community.
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