Express

Ethereum NFT Badge App POAP Raises $10 Million in New Seed Funding

Amy Liu

Summary: Event badge app POAP announced today that it has raised $10 million in new seed funding. POAP says the raise was led by Archetype and Sapphire Sport LLC, with participation from Collab Currency, 1KX, Libertus Capital, Red Beard Ventures, 6th Man Ventures, Delphi Digital, A Capital, Sound Ventures, Advancit Capital, and The Chernin Group. Launched ...

Event badge app POAP announced today that it has raised $10 million in new seed funding. POAP says the raise was led by Archetype and Sapphire Sport LLC, with participation from Collab Currency, 1KX, Libertus Capital, Red Beard Ventures, 6th Man Ventures, Delphi Digital, A Capital, Sound Ventures, Advancit Capital, and The Chernin Group.

Launched in August 2021, POAP is an Ethereum-based app that event organizers can use to give out attendance badges in the form of NFTs. These badges are minted using the ERC-721 token standard and more than 2 million POAPs have been minted to date, according to the company. 

By Amy Liu

Last Update:

Tags: ,,
Link: Ethereum NFT Badge App POAP Raises $10 Million in New Seed Funding   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 5 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 12 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 16 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 19 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 23 days ago

    • You need to login to comment.