Chronicle has raised $3.2 million in Seed Round to Launch NFT Platform
Chronicle has raised $3.2 million in Seed Round to create a fan-friendly marketplace for digital collectible cards based on nonfungible NFT tokens.
The funding led from blockchain VCs — 4SV, AU21 Capital, Aussie Capital, Bella Protocol, Blocksync Ventures, DAO Maker, GBV Capital, GravityX Capital, Legos Capital, Magnus Capital, Moonwhale Ventures, Pluto Digital Assets, Three M Capital, Twin Apex Capital, VBC Group, Vysyn Capital, X21 Digital, and 499+ Block.
Chronicle plans to take popular brand collectibles and “tokenized” them as NFTs, which enables them to be authenticated and then bought and sold. Its internal team can work with brands to create the collectibles in NFT form. License holders of brands and Chronicle will earn a percentage of revenue, typically on the sale of packs and the marketplace transactions. And if an NFT rises in value, users can make money on their transactions as well.
About Chronicle
Chronicle is a global studio and marketplace digital platform built entirely for fans featuring officially licensed digital collectibles, more commonly known as non-fungible tokens (NFTs).
